Wabco

Wabco OFS subscribed 1.8 times, India pesticides fully subscribed

Shyam Metallics, Sona to list on Thursday

Wabco, Den Networks' OFS fully subscribed; Hathway 40%

All three offer for sale (OFS) were launched by promoters to comply with the 25 per cent minimum public shareholding norms

Despite weak outlook, open offer to support Wabco India's stock price

Post the global acquisition of Wabco by ZF Friedrichshafen AG of Germany (ZF), the acquirer is buying out minority shareholders at a revised open offer price of Rs 7,067.51 a share

Strong truck sales to speed up Wabco India's prospects

New product launches and exports to its parent have led to firm's improved earnings

BS-IV, new tech adoption give Wabco an edge

Auto component maker, Wabco India's scrip is up seven per cent in two trading sessions on expectations that higher adoption of automated manual transmission (AMT) in trucks and buses after BS-IV implementation as well as the transition to BS-VI should improve the company's prospects. While the company is manufacturing small number of AMT units currently, the implementation of BS-IV and the use of electronic engines will lead to higher adoption of the AMT in commercial vehicles. Higher fuel efficiency and driving comfort are reasons cited for the increase in the use of AMT. The use of this technology is expected to pick up in intra-city buses before being used for trucks. Last month Eicher introduced Wabco's AMT gearbox for its entire range of buses and mid-range trucks. Improving content share of Wabco per commercial vehicle will drive volumes and revenues for the company. Analysts at Credit Suisse say that going forward the key content drivers for Wabco will be AMT whose adoption ...