The stock hit a record high of 228.90 on 23 January 2015 but it failed to hold on to the momentum and witnessed a steep fall which took the stock towards 26 in May 2020.
Carraro India turning the corner, offers an entry point
The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers.