Fundamental Radar: Why this auto ancillary stock is a top buy as per Sharekhan's Abhishek Gaoshinde

"We have a positive stance on this stock with an upside potential of 25% in expectation of (1) sharp expansion in revenue share from EV business in next 2 years (2) A 90 bps expansion in EBITDA margin over FY23- 25E, and (3) strong positioning in fastener business," says Abhishek Gaoshinde, Deputy Vice President Research at Sharekhan by BNP Paribas.