{"id":256427,"date":"2026-09-18T12:03:35","date_gmt":"2026-09-18T06:33:35","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=256427"},"modified":"2026-09-18T12:03:35","modified_gmt":"2026-09-18T06:33:35","slug":"transmission-chains-stock-rises-25-percent-in-1-year","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/","title":{"rendered":"This Transmission Chains Stock Rises 25% in 1 Year: Margins Now Decide the Next Move"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>CMP approximately Rs 1,714.80 (18 Sep 2026). 1-year return 24.60%. 52W range Rs 1,314.90 to Rs 2,048. Market cap Rs 5,482 Cr. FY26 revenue Rs 3,144 Cr, PAT Rs 319 Cr.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">LG Balakrishnan &#038; Bros, the maker of Rolon chains and sprockets, is the transmission chains stock that rose approximately 25% over the past year. A GST cut on small two-wheelers from 22 September 2025 and a strong 31 October 2025 result drove most of the gain. Since the 12 February 2026 high of Rs 2,048, operating margin has fallen for three straight quarters and the share has drifted lower.<\/p>\n<\/div>\n<p>This transmission chains stock has risen approximately 25% in one year, from Rs 1,376.20 on 18 September 2025 to Rs 1,714.80 on 18 September 2026. The verified gain is 24.60%, earned in two bursts rather than a steady climb.<\/p>\n<p>The company is <a href='https:\/\/univest.in\/stocks\/lgbbrosltd\/lg-balakrishnan-and-bros-ltd-share-price-today'>LG Balakrishnan &#038; Bros Ltd<\/a> (NSE: LGBBROSLTD), the Coimbatore maker of chains, sprockets, tensioners and metal formed parts sold under the Rolon brand. The LG Balakrishnan share price was near Rs 1,714.80 on Friday morning, down about 0.2% from the previous close, for a market capitalisation of approximately Rs 5,482 crore. That is roughly 16% below the 52-week high of Rs 2,048 set on 12 February 2026.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/user\/log-in'>Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#What_Has_This_Transmission_Chains_Stock_Returned\" title=\"What Has This Transmission Chains Stock Returned?\">What Has This Transmission Chains Stock Returned?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Why_Did_This_Transmission_Chains_Stock_Rise_25_in_One_Year\" title=\"Why Did This Transmission Chains Stock Rise 25% in One Year?\">Why Did This Transmission Chains Stock Rise 25% in One Year?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#The_GST_Cut_Reset_Two-Wheeler_Demand\" title=\"The GST Cut Reset Two-Wheeler Demand\">The GST Cut Reset Two-Wheeler Demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#The_31_October_2025_Result_Triggered_a_Two-Day_Re-Rating\" title=\"The 31 October 2025 Result Triggered a Two-Day Re-Rating\">The 31 October 2025 Result Triggered a Two-Day Re-Rating<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#A_Record_December_Quarter_Took_the_Transmission_Chains_Stock_to_Its_Top\" title=\"A Record December Quarter Took the Transmission Chains Stock to Its Top\">A Record December Quarter Took the Transmission Chains Stock to Its Top<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#New_Ventures_Arrived_on_31_July_2026\" title=\"New Ventures Arrived on 31 July 2026\">New Ventures Arrived on 31 July 2026<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#The_Transmission_Chain_Business_Behind_This_Transmission_Chains_Stock\" title=\"The Transmission Chain Business Behind This Transmission Chains Stock\">The Transmission Chain Business Behind This Transmission Chains Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#The_Aftermarket_Share_Protects_the_Margin\" title=\"The Aftermarket Share Protects the Margin\">The Aftermarket Share Protects the Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Metal_Forming_Is_Growing_Faster_Than_Chains\" title=\"Metal Forming Is Growing Faster Than Chains\">Metal Forming Is Growing Faster Than Chains<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Transmission_Chains_Stock_Financials_The_Margin_Trend\" title=\"Transmission Chains Stock Financials: The Margin Trend\">Transmission Chains Stock Financials: The Margin Trend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Who_Owns_This_Transmission_Chains_Stock\" title=\"Who Owns This Transmission Chains Stock?\">Who Owns This Transmission Chains Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Risks_in_This_Transmission_Chains_Stock\" title=\"Risks in This Transmission Chains Stock\">Risks in This Transmission Chains Stock<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Margin_Compression_Is_the_Live_Issue_for_This_Transmission_Chains_Stock\" title=\"Margin Compression Is the Live Issue for This Transmission Chains Stock\">Margin Compression Is the Live Issue for This Transmission Chains Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Electrification_Is_Structural_Not_Cyclical\" title=\"Electrification Is Structural, Not Cyclical\">Electrification Is Structural, Not Cyclical<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Two-Wheeler_Dependence_in_This_Transmission_Chains_Stock_Cuts_Both_Ways\" title=\"Two-Wheeler Dependence in This Transmission Chains Stock Cuts Both Ways\">Two-Wheeler Dependence in This Transmission Chains Stock Cuts Both Ways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Liquidity_and_Volatility_Are_Real_Constraints\" title=\"Liquidity and Volatility Are Real Constraints\">Liquidity and Volatility Are Real Constraints<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Two_More_Items_Worth_Flagging\" title=\"Two More Items Worth Flagging\">Two More Items Worth Flagging<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#LG_Balakrishnan_Share_Analyst_View\" title=\"LG Balakrishnan Share: Analyst View\">LG Balakrishnan Share: Analyst View<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#LG_Balakrishnan_Share_Price_Target\" title=\"LG Balakrishnan Share Price Target\">LG Balakrishnan Share Price Target<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Other_Stocks_to_Track_From_the_Same_Return_Screen\" title=\"Other Stocks to Track From the Same Return Screen\">Other Stocks to Track From the Same Return Screen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#What_is_the_1-year_return_of_this_transmission_chains_stock\" title=\"What is the 1-year return of this transmission chains stock?\">What is the 1-year return of this transmission chains stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Which_company_is_this_transmission_chains_stock\" title=\"Which company is this transmission chains stock?\">Which company is this transmission chains stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Why_did_the_LG_Balakrishnan_share_price_jump_in_November_2025\" title=\"Why did the LG Balakrishnan share price jump in November 2025?\">Why did the LG Balakrishnan share price jump in November 2025?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#How_dependent_is_LG_Balakrishnan_on_two-wheeler_OEMs\" title=\"How dependent is LG Balakrishnan on two-wheeler OEMs?\">How dependent is LG Balakrishnan on two-wheeler OEMs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#How_large_is_the_aftermarket_share_of_revenue\" title=\"How large is the aftermarket share of revenue?\">How large is the aftermarket share of revenue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#What_does_the_metal_forming_segment_contribute\" title=\"What does the metal forming segment contribute?\">What does the metal forming segment contribute?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#Is_there_a_verified_share_price_target_for_this_transmission_chains_stock\" title=\"Is there a verified share price target for this transmission chains stock?\">Is there a verified share price target for this transmission chains stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/transmission-chains-stock-rises-25-percent-in-1-year\/#What_are_the_main_risks_in_this_transmission_chains_stock\" title=\"What are the main risks in this transmission chains stock?\">What are the main risks in this transmission chains stock?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Has_This_Transmission_Chains_Stock_Returned\"><\/span><strong>What Has This Transmission Chains Stock Returned?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Over one year the transmission chains stock returned approximately 24.60%, and over five years approximately 310%. The six-month number is negative, the most important line in the table.<\/p>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Price Return<\/th>\n<th>Reference Close<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1 Month<\/td>\n<td>+7.0%<\/td>\n<td>Rs 1,603.10 on 18 Aug 2026<\/td>\n<\/tr>\n<tr>\n<td>6 Months<\/td>\n<td>-5.4%<\/td>\n<td>Rs 1,812.40 on 18 Mar 2026<\/td>\n<\/tr>\n<tr>\n<td>1 Year<\/td>\n<td>+24.6%<\/td>\n<td>Rs 1,376.20 on 18 Sep 2025<\/td>\n<\/tr>\n<tr>\n<td>3 Years<\/td>\n<td>+62.1%<\/td>\n<td>Rs 1,058.05 on 18 Sep 2023<\/td>\n<\/tr>\n<tr>\n<td>5 Years<\/td>\n<td>+309.5%<\/td>\n<td>Rs 418.75 on 17 Sep 2021<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>These are close-to-close returns excluding dividends, and 18 September 2021 was a Saturday. No bonus, split or buyback took place in the year, so the move in the transmission chains stock is genuine price appreciation. The only cash payout was the Rs 22 per share FY26 dividend, record date 19 August 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_This_Transmission_Chains_Stock_Rise_25_in_One_Year\"><\/span><strong>Why Did This Transmission Chains Stock Rise 25% in One Year?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three dated events did almost all the work for the transmission chains stock: a tax cut on small motorcycles on 22 September 2025, a strong quarterly result on 31 October 2025, and a record December quarter reported on 7 February 2026. Everything since February has been a give-back.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_GST_Cut_Reset_Two-Wheeler_Demand\"><\/span><strong>The GST Cut Reset Two-Wheeler Demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India moved motorcycles and scooters of 350cc and below from the 28% GST slab to 18% from 22 September 2025, at the start of the festive season. October 2025 dispatches hit an all-time monthly high. For FY26, domestic two-wheeler sales reached approximately 2.17 crore units, up around 10.7%, and exports rose approximately 23.4% to about 51.8 lakh units.<\/p>\n<p>That matters more here than for most component makers. A credit rating agency that reaffirmed the company at AA with a stable outlook put over 80% of revenue in the domestic two-wheeler industry, with over 60% share of the two-wheeler chain segment. A volume cycle passes through to this transmission chains stock almost one for one.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_31_October_2025_Result_Triggered_a_Two-Day_Re-Rating\"><\/span><strong>The 31 October 2025 Result Triggered a Two-Day Re-Rating<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Second-quarter FY26 numbers on 31 October 2025 showed consolidated revenue of Rs 801.53 crore and net profit of Rs 93.66 crore at an operating margin of 19.26%. Standalone transmission contributed Rs 595.99 crore, metal forming Rs 118.43 crore.<\/p>\n<p>The reaction was violent. The transmission chains stock closed at Rs 1,417.90 on 31 October, opened at Rs 1,550.90 on 3 November and ended 4 November at Rs 1,815.10, a gain of approximately 28% in two sessions on roughly 45.7 lakh shares against an equity base of about 3.2 crore. A 26 November memorandum of understanding with the Tamil Nadu government then took the LG Balakrishnan share price to Rs 1,961.50 by 28 November.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"A_Record_December_Quarter_Took_the_Transmission_Chains_Stock_to_Its_Top\"><\/span><strong>A Record December Quarter Took the Transmission Chains Stock to Its Top<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 7 February 2026 the company reported December quarter revenue of Rs 832.80 crore, up approximately 20.6% year on year, with net profit of Rs 88.45 crore. The LG Balakrishnan share price jumped 7.6% on 11 February to Rs 2,004.90 and touched Rs 2,048 the next day.<\/p>\n<p>The warning was inside that print. Operating margin had slipped to 17.57% from 19.26%, and the transmission chains stock has not regained that level.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"New_Ventures_Arrived_on_31_July_2026\"><\/span><strong>New Ventures Arrived on 31 July 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>With first-quarter FY27 results the board approved a wholly owned Vietnam subsidiary capped at Rs 10 crore and a 51% stake in SLGB Energy Solutions Private Limited, a subsea component joint venture. It also signed a deal with Brigade Enterprises to monetise its Mysore land, a Rs 120 crore project in which the transmission chains stock takes about 29% of the constructed area.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Transmission_Chain_Business_Behind_This_Transmission_Chains_Stock\"><\/span><strong>The Transmission Chain Business Behind This Transmission Chains Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The transmission segment covers chains, sprockets, tensioners, belts and brake shoes. It brought in Rs 2,309.75 crore of FY26 segment revenue against Rs 1,989.04 crore, up approximately 16.1% and roughly 75% of the total.<\/p>\n<p>The customer base is well spread: the rating review noted no single original equipment manufacturer accounts for more than 15% of the topline. The risk in this transmission chains stock is not any one customer, it is the category. If two-wheeler volumes stall, no second engine can compensate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Aftermarket_Share_Protects_the_Margin\"><\/span><strong>The Aftermarket Share Protects the Margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Over 30% of revenue comes from the domestic replacement market, according to the same review. Aftermarket chain sales carry better pricing than OEM contracts, which is why this transmission chains stock has held operating margins in the 17% to 20% band while many suppliers run in single digits.<\/p>\n<p>Replacement demand lags vehicle sales rather than tracking them. Chains wear out after three to five years, so the record fleet built through FY25 and FY26 becomes replacement revenue later this decade. That is the structural case for the transmission chains stock.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Metal_Forming_Is_Growing_Faster_Than_Chains\"><\/span><strong>Metal Forming Is Growing Faster Than Chains<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Metal forming, which makes fine blanked and machined components, delivered FY26 segment revenue of Rs 765.87 crore against Rs 589.24 crore. Growth of approximately 30% was nearly double the transmission pace, lifting it to roughly 25% of the mix.<\/p>\n<p>This is the part not tied to chains, and it is where diversification for the transmission chains stock has to come from. Capital expenditure followed, at Rs 371.26 crore in FY26 against Rs 300.19 crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Transmission_Chains_Stock_Financials_The_Margin_Trend\"><\/span><strong>Transmission Chains Stock Financials: The Margin Trend<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>EBITDA (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>Operating Margin<\/th>\n<th>Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Q1 FY26 (Jun 2025)<\/td>\n<td>672.21<\/td>\n<td>112.26<\/td>\n<td>66.97<\/td>\n<td>18.36%<\/td>\n<td>9.26%<\/td>\n<\/tr>\n<tr>\n<td>Q2 FY26 (Sep 2025)<\/td>\n<td>801.53<\/td>\n<td>151.04<\/td>\n<td>93.66<\/td>\n<td>19.26%<\/td>\n<td>11.84%<\/td>\n<\/tr>\n<tr>\n<td>Q3 FY26 (Dec 2025)<\/td>\n<td>832.80<\/td>\n<td>150.88<\/td>\n<td>88.45<\/td>\n<td>17.57%<\/td>\n<td>11.50%<\/td>\n<\/tr>\n<tr>\n<td>Q4 FY26 (Mar 2026)<\/td>\n<td>837.51<\/td>\n<td>138.03<\/td>\n<td>69.67<\/td>\n<td>17.06%<\/td>\n<td>8.47%<\/td>\n<\/tr>\n<tr>\n<td>Q1 FY27 (Jun 2026)<\/td>\n<td>815.39<\/td>\n<td>122.70<\/td>\n<td>67.01<\/td>\n<td>15.91%<\/td>\n<td>7.97%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Revenue at the transmission chains stock has held up. Profit has not. Net profit peaked at Rs 93.66 crore in September 2025 and has fallen in each of the three quarters since, to Rs 67.01 crore in June 2026 on revenue 21% higher than a year earlier. Net margin compressed from 11.84% to 7.97%.<\/p>\n<p>The full-year picture is still positive. FY26 revenue was Rs 3,144.04 crore against Rs 2,633.52 crore, up approximately 19.4%, with EBITDA of Rs 554.81 crore and net profit of Rs 318.74 crore. But operating margin of 18.06% trailed FY25&#8217;s 19.17%, on earnings per share of Rs 99.95 against Rs 95.44.<\/p>\n<p>The balance sheet is the strongest part of the case for this transmission chains stock: debt to equity of 0.09, book value per share of Rs 675.30, return on equity of 14.80%, and FY26 operating cash flow of Rs 331.71 crore against higher capex.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/screeners'>Check the Univest Screener for Live Fundamentals of High-Return Stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_Owns_This_Transmission_Chains_Stock\"><\/span><strong>Who Owns This Transmission Chains Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Promoters<\/th>\n<th>FIIs<\/th>\n<th>DIIs<\/th>\n<th>Public<\/th>\n<th>Shareholders<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Jun 2025<\/td>\n<td>34.80%<\/td>\n<td>5.96%<\/td>\n<td>13.74%<\/td>\n<td>45.49%<\/td>\n<td>38,538<\/td>\n<\/tr>\n<tr>\n<td>Sep 2025<\/td>\n<td>34.82%<\/td>\n<td>5.85%<\/td>\n<td>13.47%<\/td>\n<td>45.86%<\/td>\n<td>39,126<\/td>\n<\/tr>\n<tr>\n<td>Dec 2025<\/td>\n<td>34.82%<\/td>\n<td>6.99%<\/td>\n<td>12.88%<\/td>\n<td>45.30%<\/td>\n<td>38,549<\/td>\n<\/tr>\n<tr>\n<td>Mar 2026<\/td>\n<td>34.83%<\/td>\n<td>6.61%<\/td>\n<td>13.35%<\/td>\n<td>45.21%<\/td>\n<td>37,259<\/td>\n<\/tr>\n<tr>\n<td>Jun 2026<\/td>\n<td>34.84%<\/td>\n<td>6.42%<\/td>\n<td>13.46%<\/td>\n<td>45.28%<\/td>\n<td>36,849<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Promoter holding in the transmission chains stock has been static at approximately 34.8%, which removes one common small-cap worry. Foreign institutional holding jumped from 5.85% in September 2025 to 6.99% in December, the quarter the transmission chains stock re-rated, then eased to 6.42%. Domestic institutions dipped to 12.88% before recovering to 13.46%.<\/p>\n<p>The shareholder count rose to 39,126 in September 2025 and has since fallen for three quarters to 36,849, so retail participation in the transmission chains stock has thinned.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_in_This_Transmission_Chains_Stock\"><\/span><strong>Risks in This Transmission Chains Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Margin_Compression_Is_the_Live_Issue_for_This_Transmission_Chains_Stock\"><\/span><strong>Margin Compression Is the Live Issue for This Transmission Chains Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Operating margin has fallen for three consecutive quarters, from 19.26% to 15.91%. If the June 2026 run rate persists, FY27 profit could land flat or lower even with revenue growth, and that is what the transmission chains stock has been discounting since February.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Electrification_Is_Structural_Not_Cyclical\"><\/span><strong>Electrification Is Structural, Not Cyclical<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Electric two-wheelers largely use belt or direct drive rather than the roller chains this transmission chains stock makes. The rating review flagged minimal chain usage in electric vehicles as a medium-term revenue risk. Every percentage point of electric share shrinks the addressable market for the core product of this transmission chains stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Two-Wheeler_Dependence_in_This_Transmission_Chains_Stock_Cuts_Both_Ways\"><\/span><strong>Two-Wheeler Dependence in This Transmission Chains Stock Cuts Both Ways<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For a transmission chains stock with over 80% of revenue from one vehicle category, the GST tailwind that lifted FY26 becomes a high base problem in FY27. Industry growth of 10.7% will be hard to repeat.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Volatility_Are_Real_Constraints\"><\/span><strong>Liquidity and Volatility Are Real Constraints<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At approximately Rs 5,482 crore of market value this is a small-cap share with thin trading: volume on 10 September 2026 was around 9,000 shares. That amplifies moves both ways. The transmission chains stock fell approximately 24% from its February high to around Rs 1,494 by early June 2026, and remains down about 5% over six months.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Two_More_Items_Worth_Flagging\"><\/span><strong>Two More Items Worth Flagging<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In mid-October 2025 the share spiked intraday to Rs 1,600 on heavy volume, attributed to name confusion with a separate <a href='https:\/\/univest.in\/stocks\/lgeindia\/lg-electronics-india-ltd-share-price-today'>LG Electronics India<\/a> listing, which shows how easily a thin counter moves. The subsea and Vietnam ventures are also new, small and outside the core competence.<\/p>\n<p style=\"margin-top:24px;\"><strong>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the LG Balakrishnan share price live<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"LG_Balakrishnan_Share_Analyst_View\"><\/span><strong>LG Balakrishnan Share: Analyst View<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Published coverage of this transmission chains stock is thin, which is normal at this size. Institutional interest shows up in the shareholding data instead, with a handful of small-cap and large-and-mid-cap schemes holding roughly 0.05% to 1.12% of their portfolios in it.<\/p>\n<p>The LG Balakrishnan share price works out to approximately 17.19 times trailing earnings against an industry average of around 37.81 times, with price to book of 2.55 and a dividend yield of 1.28%. That discount is not accidental. It reflects the electrification question and the margin trend, and it has persisted for years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"LG_Balakrishnan_Share_Price_Target\"><\/span><strong>LG Balakrishnan Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No verified brokerage LG Balakrishnan share price target for this transmission chains stock could be confirmed as of 18 September 2026, so no figure is quoted here. Reference levels have to come from the chart and the earnings instead.<\/p>\n<p>Those are the 52-week high of Rs 2,048 from 12 February 2026, approximately 19% above the current price, and the 52-week low of Rs 1,314.90 from 21 October 2025, approximately 23% below it. With trailing earnings per share of Rs 99.96, one turn of the multiple is worth roughly Rs 100. Any durable LG Balakrishnan share price target depends on whether margins stabilise above 16% and whether metal forming keeps compounding near 30%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Stocks_to_Track_From_the_Same_Return_Screen\"><\/span><strong>Other Stocks to Track From the Same Return Screen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond this transmission chains stock, a screen of NSE small-cap stocks ranked by 1-year return also includes related names such as <a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\">Azad Engineering<\/a> with a 1-year return of 62.66%, <a href=\"https:\/\/univest.in\/stocks\/shripiston\/shriram-pistons-and-rings-ltd-share-price-today\">SPR Auto Technologies<\/a> at 62.33% and <a href=\"https:\/\/univest.in\/stocks\/akums\/akums-drugs-and-pharmaceuticals-ltd-share-price-today\">Akums<\/a> at 62.23%.<\/p>\n<p>Among the names covered from that screen, <a href=\"https:\/\/univest.in\/stocks\/mtartech\/mtar-technologies-ltd-share-price-today\">MTAR Technologies<\/a> returned 396.53% over one year. Readers can compare this transmission chains stock with the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> benchmark and track each of these names on Univest before making any decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 24.60% one-year gain in this transmission chains stock is real and unadjusted by any corporate action. A tax cut revived two-wheeler demand, two strong quarters confirmed it, and the market paid up. Since February 2026 that same market has marked the shares down as margins narrowed for three quarters running.<\/p>\n<p>What remains is a debt-light business with over 60% share of a category it dominates, a replacement market supplying over 30% of revenue at better pricing, and metal forming growing at approximately 30%. Against that sit an 80% dependence on one vehicle category and an electrification trend that removes chains from the drivetrain. At approximately 17 times earnings the transmission chains stock prices that tension in rather than settling it.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may or may not be accurate. Please verify all data independently before making any investment decision. Past returns do not guarantee future returns. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_1-year_return_of_this_transmission_chains_stock\"><\/span><strong>What is the 1-year return of this transmission chains stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The verified one-year price return is approximately 24.60%, from Rs 1,376.20 on 18 September 2025 to Rs 1,714.80 on 18 September 2026, excluding dividends. No bonus issue, stock split or buyback occurred in the period.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_company_is_this_transmission_chains_stock\"><\/span><strong>Which company is this transmission chains stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It is LG Balakrishnan &#038; Bros Ltd, listed on the NSE as LGBBROSLTD. The Coimbatore company makes automotive and industrial chains, sprockets and metal formed parts under the Rolon brand, with a market value of approximately Rs 5,482 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_LG_Balakrishnan_share_price_jump_in_November_2025\"><\/span><strong>Why did the LG Balakrishnan share price jump in November 2025?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Second-quarter FY26 results on 31 October 2025 showed revenue of Rs 801.53 crore and net profit of Rs 93.66 crore, and the shares rose approximately 28% over two sessions. The GST cut on small two-wheelers from 22 September 2025 had already improved the outlook.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_dependent_is_LG_Balakrishnan_on_two-wheeler_OEMs\"><\/span><strong>How dependent is LG Balakrishnan on two-wheeler OEMs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Over 80% of revenue comes from the domestic two-wheeler industry, according to a credit rating review. No single original equipment manufacturer accounts for more than 15% of the topline, so customer concentration is low but category concentration is high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_large_is_the_aftermarket_share_of_revenue\"><\/span><strong>How large is the aftermarket share of revenue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Over 30% of revenue comes from the domestic replacement market. Aftermarket chain sales carry better realisations than OEM supply, which supports the operating margin of approximately 18% recorded in FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_the_metal_forming_segment_contribute\"><\/span><strong>What does the metal forming segment contribute?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Metal forming generated FY26 segment revenue of Rs 765.87 crore, roughly 25% of the total, against Rs 589.24 crore in FY25. Growth of approximately 30% made it the faster-growing segment, against 16.1% for transmission.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_there_a_verified_share_price_target_for_this_transmission_chains_stock\"><\/span><strong>Is there a verified share price target for this transmission chains stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No verified brokerage target could be confirmed as of 18 September 2026 and coverage is limited. The reference points available are the 52-week high of Rs 2,048 and the 52-week low of Rs 1,314.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_in_this_transmission_chains_stock\"><\/span><strong>What are the main risks in this transmission chains stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The largest risks for this transmission chains stock are falling margins, with operating margin down from 19.26% to 15.91% across four quarters, and the shift to electric two-wheelers that use belt or direct drive instead of chains. Liquidity is thin, with some sessions under 10,000 shares.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the 1-year return of this transmission chains stock?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The verified one-year price return is approximately 24.60%, from Rs 1,376.20 on 18 September 2025 to Rs 1,714.80 on 18 September 2026, excluding dividends. No bonus issue, stock split or buyback occurred in the period.\"}},{\"@type\":\"Question\",\"name\":\"Which company is this transmission chains stock?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is LG Balakrishnan & Bros Ltd, listed on the NSE as LGBBROSLTD. The Coimbatore company makes automotive and industrial chains, sprockets and metal formed parts under the Rolon brand, with a market value of approximately Rs 5,482 crore.\"}},{\"@type\":\"Question\",\"name\":\"Why did the LG Balakrishnan share price jump in November 2025?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Second-quarter FY26 results on 31 October 2025 showed revenue of Rs 801.53 crore and net profit of Rs 93.66 crore, and the shares rose approximately 28% over two sessions. The GST cut on small two-wheelers from 22 September 2025 had already improved the outlook.\"}},{\"@type\":\"Question\",\"name\":\"How dependent is LG Balakrishnan on two-wheeler OEMs?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Over 80% of revenue comes from the domestic two-wheeler industry, according to a credit rating review. No single original equipment manufacturer accounts for more than 15% of the topline, so customer concentration is low but category concentration is high.\"}},{\"@type\":\"Question\",\"name\":\"How large is the aftermarket share of revenue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Over 30% of revenue comes from the domestic replacement market. Aftermarket chain sales carry better realisations than OEM supply, which supports the operating margin of approximately 18% recorded in FY26.\"}},{\"@type\":\"Question\",\"name\":\"What does the metal forming segment contribute?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Metal forming generated FY26 segment revenue of Rs 765.87 crore, roughly 25% of the total, against Rs 589.24 crore in FY25. Growth of approximately 30% made it the faster-growing segment, against 16.1% for transmission.\"}},{\"@type\":\"Question\",\"name\":\"Is there a verified share price target for this transmission chains stock?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No verified brokerage target could be confirmed as of 18 September 2026 and coverage is limited. The reference points available are the 52-week high of Rs 2,048 and the 52-week low of Rs 1,314.90.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks in this transmission chains stock?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The largest risks for this transmission chains stock are falling margins, with operating margin down from 19.26% to 15.91% across four quarters, and the shift to electric two-wheelers that use belt or direct drive instead of chains. Liquidity is thin, with some sessions under 10,000 shares.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Coimbatore chain and sprocket maker gained approximately 25% in a year on a two-wheeler demand revival, then gave back part of it as margins narrowed. Here is the full picture.<\/p>\n","protected":false},"author":29,"featured_media":256425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[5445,6090,6091,6092,6094,6096,6095,6093],"class_list":["post-256427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-high-return-stocks","tag-lg-balakrishnan","tag-lg-balakrishnan-share-price","tag-lg-balakrishnan-share-price-target","tag-roller-chains","tag-rolon-brand","tag-sprockets-and-tensioners","tag-transmission-chains-stock"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["256425"],"rank_math_title":["Transmission Chains Stock Up 25% in 1 Year: What Drove It"],"rank_math_description":["This transmission chains stock rose approximately 25% in 1 year on a GST-led two-wheeler revival and record quarters. See the financials, ownership and the risks."],"rank_math_focus_keyword":["transmission chains stock"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/transmission-chains-stock-rises-25-percent-in-1-year.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/256427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=256427"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/256427\/revisions"}],"predecessor-version":[{"id":256428,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/256427\/revisions\/256428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/256425"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=256427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=256427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=256427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}