Fundamental Analysis of Racl Geartech 1 . Company and its industry 2. Management and its business model 3. Fundamentals 4. Growth 5. Valuation ———————————————— Company Overview - RACL is established in 1989 for producing automotive components in the field of motorcycle & scooter, 3&4 vehicles, cargo vehicles, agriculture machinery, tractor, ATV, light & heavy commercial vehicles, etc. * Share- holding pattern - * Subsidiary - RACL Geartech GmbhH ( Austria) || 100% holding. * Extra information 1. CSR expenditure - 20.55 lakhs 2. Salary to employees - 24.82 crore Industry * India is the 5th largest auto market in the world. * India is the 7th largest manufacturer of commercial vehicles. * The Indian auto components industry has experienced healthy growth over the last few years * In 2018-2019, the turnover of the Indian auto components industry was 3,95,902 crore. Its contribution to GDP