
Stock research reports for the week of April 8 -16, now live! Reports from HDFC Securities, ICICI Securities, Axis Direct and more. Analysts are bullish about Jamna Auto Industries and Navneet Education, with both companies getting strong upside estimates.
Auto suspension company Jamna Auto has seen its material margins increase sharply over the last few quarters to 40%+. Market share has gone from 66% 12 months ago to 72% now. Navneet Education is expected to benefit from syllabi updation in Maharashtra and Gujarat in FY18, states where the company has over 60% market share. The share price of both companies has been trending up over the past week.