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GNA Axles Ltd.
20 Sep 2017
Joindre Capital Services
Incorporated in 1993, G N A Axles Ltd is Punjab based manufacturer of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicular segments. GNAAL mainly manufactures and sells auto components for the fourwheeler industry. GNAAL has an annual installed capacity of 2.3mm for rear axle shafts, 0.3mm for spindles, and 0.4mm for other shafts. GAAL has a broad customer base in India and overseas. Its biggest customers include M&M;, John Deere, TAFE , Automotive Axles Limited, Meritor HVS AB and Dana Limited. GNA has two manufacturing plants in districts Hoshiarpur and Kapurthala in Punjab....
GNA Axles Ltd. is trading above its 200 day SMA of 337.1
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