Synopsis :

Three auto ancillary stocks showed financial resilience, with no debt, owing to strong cash reserves. Their debt-free position highlights operational strength, stability, and long-term sustainability in India’s competitive auto ancillary industry.

India’s auto ancillary sector features leading multinational subsidiaries known for their strong financial health. Three such companies in the country maintain nearly debt-free balance sheets, bolstered by significant cash reserves.

SKF India Ltd

SKF India Ltd is a leading bearings and lubrication systems manufacturer, serving diverse industries such as automotive, industrial equipment, and energy. Known for its innovation and engineering excellence, the company emphasizes sustainability, efficiency, and reliable motion solutions.

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