Saturday, January 11, 2020

INVESTMENT RECOMMENDATION - AUTOAXLES


STOCK: Automotive Axles Limited

NSE CODE: AUTOAXLES
LONG TERM

CMP: 848.95 

RECOMMENDATION: BUY AROUND  849
TARGET:                      1001/1162/1296/1613/1845 &  ABOVE
RESISTANCE:              920
SUPPORT:                   725/616/504/469

MCAP:                   1283 Cr.
Debt/Equity Ratio:  0.14%
 RoE:                         24.72%
P/E:                        13.74x
Dividend Yield:       2.3%
* AUTOAXLES is trade with low volume. Manage your fund properly.



Disclaimer: I have no position in this stock; if you invest in this stock please take the advice from your investment advisor. I am not liabilities of any profit and loss.
https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=AUTOAXLES&illiquid=0&smeFlag=0&itpFlag=0


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