Why Munjal Auto Share is falling

Munjal Auto Industries Limited, established in 1985 and headquartered in Gurugram, India, is a prominent manufacturer of auto components. As part of the Hero Group, the company specializes in producing exhaust systems, fuel tanks, wheel rims, and body-in-white (BIW) parts for two-wheelers and four-wheelers. With manufacturing facilities in Gujarat, Haryana, and Uttarakhand, Munjal Auto serves…