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Federal-Mogul Goetze Stock Fundamental Analysis - Financial Results & Equity Research | Investyadnya Stock-o-Meter

Federal-Mogul Goetze (India)

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Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Shareholders more than 1%

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Overview

Federal-Mogul Goetze (India) was established in 1954 as a joint venture with Goetze-Werke of Germany. The company is now owned by Federal-Mogul Corporation, a $6.3 billion global company and one of the leading manufacturers of automotive components in the world.

Goetze and Goetze Brico provide leading-edge technologies and competitive solutions for original equipment manufacturers and the automotive aftermarket

Federal-Mogul Goetze (India) is the largest manufacturer world-class pistons, piston rings, sintered parts and cylinder liners covering a wide range of applications including two/three-wheelers, cars, SUVs, tractors, light commercial vehicles, heavy commercial vehicles, stationary engines and high output locomotive diesel engines. It also exports its products to many countries.

Products:

  • Pistons
  • Piston rings
  • Sintered parts
  • Cylinder liners
  • Light Metal Castings

Subsidiary:

Federal-Mogul TPR (India) --  Federal-Mogul TPR (India), formerly Goetze TP (India) was formed in 1997 as a joint venture among Federal-Mogul Goetze (India),Federal-Mogul Corporation and Japan’s Teikoku Piston Ring.

This partnership provides the Indian automobile industry with hi-tech steel compression rings and multi-piece oil rings for its new generation cars, 4-stroke bi-wheeler and other high-performance engines.

Certification:

It’s most modern production facilities at Bengaluru, Patiala and Bhiwadi are certified TS 16949, ISO14001 and OHSAS 18001.

Milestones:

  • 1954    Incorporated as a joint venture with Goetze Werke 
  • 1957     Ring and liner production at Patiala
  • 1958    Piston production as escorts (Automotive Division) at Patiala                                                                                                              
  • 1960    Cast iron / forged piston production started at Patiala
  • 1968    Pins / ring carrier production started at Patiala
  • 1977    Piston / ring production started at Bengaluru
  • 1982    Steel rings / large bore locomotive piston at Bengaluru
  • 1985    Light alloy products at Patiala
  • 1989    Auto thermic pistons production at Bengaluru
  • 1990    Moly coated / IKA / chrome oil rings at Patiala
  • 1992    Large bore rings / pistons for battle tanks at Bengaluru
  • 1994    Composite pistons / new ring foundry at Bengaluru
  • 1996    Escorts (Automotive Division) hived off into joint venture with Mahle
  • 1997    Goetze TP (India) -  Manufacturer of steel rings
  • 2001    Merger of Federal-Mogul sintered products with Goetze (India)
  • 2003    Merger of Escorts pistons activities with Goetze (India)
  • 2004    Introduction of chrome-ceramic rings
  • 2004    Technical collaboration for pistons with Federal-Mogul Corporation
  • 2006    Majority stake holding acquisition by Federal-Mogul Corporation
  • 2006    Name changed from Goetze (India) to Federal-Mogul Goetze (India)
Brands Of Federal-Mogul Goetze (India)

Brands Of Federal-Mogul Goetze (India)

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