92.2800 -1.04 (-1.11%)
NSE Jul 31, 2025 13:37 PM
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Jamna Auto Industries Ltd.
30 Oct 2017, 12:00AM
92.28
-1.11%
CD Equisearch
Partly reflecting the tepidness in Indian CV industry in Q1(9.1%), particularly in M&HCV; segment (-31.8%), primarily CV industry reliant Jamna Auto posted 18.5% drop in income from operations, one of the weakest showings in several quarters. Poor revenue booking also stoked operating profits, which nosedived by 47% y-o-y. OPMs as a consequence declined to the lowest in eight quarters at 11.2% compared to 17.3% in the same quarter a year ago. Raw material to sales ratio rose 150 bps to 60.8% from 59.3% in the year ago period....
Jamna Auto Industrie.. has an average target of 170.00 from 1 broker.
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