Z F Steering Gear (India) Ltd

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Start SIP in Z F Steering Gear (India) Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
79.74% Gain from 52W Low
15.5
TTM PE Ratio
Below industry Median
21.7
Price to Book Ratio
Low in industry
2.1
Dividend yield 1yr %
Below industry Median
0.5
TTM PEG Ratio
PEG TTM is less than 1
0.3
RSI
RSI is mid-range
47.3
MFI
MFI is mid-range
36.8

Z F Steering Gear (India) Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Z F Steering Gear (India) Ltd shareholding Pattern

Promoter
67.2%
Public
32.7%
Promoter
67.2%
Public
32.5%
Promoter
67.2%
Public
32.8%
Promoter
67.2%
Public
32.8%
Promoter
67.3%
Public
32.7%
Promoter
67.4%
Public
32.6%
Foreign Institutions
0.1%
Foreign Institutions
0.2%

Z F Steering Gear (India) Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
7
Bearish Moving Averages
9
5Day EMA
1,070.10
10Day EMA
1,078.00
12Day EMA
1,078.20
20Day EMA
1,069.80
26Day EMA
1,058.90
50Day EMA
1,015.40
100Day EMA
954.80
200Day EMA
871.90
5Day SMA
1,078.40
10Day SMA
1,090.50
20Day SMA
1,084.20
30Day SMA
1,067.20
50Day SMA
986.50
100Day SMA
944.10
150Day SMA
894.80
200Day SMA
869.00
Delivery & Volume
Resistance & Support
1,049.72
Pivot
Resistance
First Resistance
1,059.43
Second Resistance
1,074.67
Third Resistance
1,084.38
Support
First Support
1,034.48
Second support
1,024.77
Third Support
1,009.53
Relative Strength Index
47.27
Money Flow Index
36.85
MACD
19.33
MACD Signal
30.04
Average True Range
42.01
Average Directional Index
22.97
Rate of Change (21)
-3.86
Rate of Change (125)
30.12
Peer comparison
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Company
Market Price
Market Cap
52W Low
52W High
Munjal Auto Industries Ltd.
819
47.02
115.36
Menon Bearings Ltd.
687.61
108.2
166
ZF Steering Gear (India) Ltd.
-
-
-
Veljan Denison Ltd.
-
-
-
IST Ltd.
-
-
-
SAR Auto Products Ltd.
-
-
-
NDR Auto Components Ltd.
994.58
340
987.95

Z F Steering Gear (India) Ltd Company background

Founded in: 1981
Managing director: Utkarsh Munot
ZF Steering Gear (India) Limited was incorporated in January 21, 1981. The Company is engaged in production assembling of steering systems for vehicles, buses and tractors. The Company has plant at Vadu Budruk, Near Pune and at Pithampur (Madhya Pradesh). The companys steering gears find application in buses and are supplied to various state transport undertakings and also to heavy vehicles like dumper and haulage trucks. Buses fitted with power steering gears reduce the drivers effort and fatigue to steer the vehicle and adds to their safety. The original collaborators of the company, ZF Friedrichshfan AG, Germany (ZFG) formed a joint venture with Robert Bosch, GmbH(Bosch) and have established a separate company ZF LENKSYSTEME GmbH (ZFLS) which is jointly managed by ZF and Bosch and in which both these partners hold 50% stake each. The steering gear business of the partner has been transferred to this new joint venture company. Consequently, the investment in the shares of ZFGIL, held by ZFG, has been transferred to ZF Beteiligungsholding GmbH (ZFBG) which will be fully controlled by ZFLS, the joint venture company. The shares were transferred to ZFBG after necessary government approvals. Similarly, all rights and obligations of ZFG under the technical collaboration agreement with ZF India have been transferred to ZFLS.During 199899, Company was awarded renewal of ISO 9001 Certificate for further period of 3 years.During the year 200102, Company installed two windmills (0.35 MW each) at Vankusavade in Satara District ancl one windmill (1 MW) at Supa in Ahmednagar District, which generated 25 lac units of Power.In 2004, the Collaborators. ZF Lenksysteme, Germany (ZFLS) had a subsidiary, ZF Beteiligungsgesellschaft (ZFBTL) which was holding 1,170,000 shares of ZF India. As a part of restructuring, ZFBTL merged with the holding company, ZFLS, and consequently, ZFLS held shares of ZF India.The Company allotted 4,536,650 Equity shares as fully paidup Bonus Shares in the ratio of one share for every share held (1:1) on September 5,2005 and as a result, the said Shares were listed at Bombay Stock Exchange. It expanded the installed capacity ofPower Steering Gears from 150,000 to 240,000 per annum and of Mechanical Steering Gears from 100,000 to 120,000 per annum, during 200607, at a capital expenditure of approx. Rs. 70 million. The Company expanded its installed capacity of Power Steering Gears from 240,000 to 270,000 per annum and of Mechanical Steering Gears from 120,000 to 140,000 per annum, during 200708, at a capital expenditure of approx. Rs. 80 million. It commissioned 5 MW Wind Turbine Machines in March 2010. By end of financial year 201011, the Company expanded its installed capacity of Power Steering Gears to 3 lac units per annum and Mechanical Steering Gears to 2 lac units per annum at its existing factory at Vadu Budruk.The Company made substantial investment in the JV Company, ZF Lenksysteme India Private Limited. In February, 2012, additional capital, was raised by the JV Company and consequently, the paidup capital of the JV Company stood at Rs. 819 million and Company held 26% of the total paid up capital of the JV Company. The JV Company set up its manufacturing plant at Village Phulgaon, Pune, to establish its manufacturing operations in steering systems and as a result, the said plant was inaugurated on April 26, 2012. A 5 MW Solar Power Project was commissioned in Patan District of Gujarat, which became operational in 201213.During the year 2014, there was a change in the Shareholding/ Ownership pattern of ZF Lenksysteme, GmbH (ZFLS), the foreignpromoter of Company. Previously, entire share capital of ZFLS was held between ZF Friedrichshafen AG and Robert Bosch GmbH in the ratio of 50:50. In January 2015, Robert Bosch GmbH agreed to buy the shares held by ZF Friedrichshafen AG in ZFLS and became 100% owner of ZFLS. Consequent upon this change, name of ZFLS was changed to Robert Bosch Automotive Steering GmbH.During year 201718, the Company commissioned rooftop solar project situated at Vadu Budruk plant. In April, 2022, the Company had incorporated two WhollyOwned Subsidiaries, DriveSys Systems Private Limited and NexSteer Systems Private Limited.
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Z F Steering Gear (India) Ltd FAQs

The past 1-year return of Z F Steering Gear (India) Ltd [ZFSTEERING] share was 68.84. The Z F Steering Gear (India) Ltd [ZFSTEERING] share hit a 1-year low of Rs. 580.95 and a 1-year high of Rs. 1125.

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