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Premium Plast is a tier-1 (tier-1 companies are companies that directly supply to original equipment manufacturers (OEMs)) automotive component group. It designs, manufactures and supplies exterior plastic components, interior cabin components, under the hood components to commercial vehicle OEMs directly. It manufactures a wide variety of injection and blow moulded plastic articles for a broad group of industries and applications.
Premium Plast major competitors are Auto Pins, Porwal AutoComponent, Shigan Quantum Tech., Jagan Lamps, GS Auto Intl., Sellowrap Industries, Kranti Industries.
Market Cap of Premium Plast is ₹74 Crs.
While the median market cap of its peers are ₹85 Crs.
Premium Plast seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
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