Shanthi Gears


Well-known member
What are your views on this company?

CMP= 46/-

The owner gifted 1000 shares to each employee at 46.

They have 120 crore land bank in Coimbatore.

They have finished consolidation of their plants to just 2 from 6 and planning to sell the rest of plants to fund the capex.

The company is changing its business and moving up in value chain.

They are the second largest gear manufacturer with clients like Suzlon and auto companies, textile companies.

They are now moving in to projects instead of supplying parts and gears in projects.

Please comment!