High Energy Batteries (India) Ltd - Company Profile
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High Energy Batteries (India) Ltd (HEB) manufactures nickel cadmium and silver oxide zinc batteries. Wide end users’ markets, revenue growth, focus on quality, and R&D are the company’s major strengths, even as, geographic concentration and increasing accounts receivables remains a major area for concern. Make in India Initiative, and defense spending in India and aerospace and defense market in Asia-Pacific are likely to provide growth opportunities to the company. However, intense competition, government contract compliance, and technological changes could affect its business performance.
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