NSE: AUTOAXLES | BSE: 505010

Strong Performer, Under Radar

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1611.50 -31.25 (-1.90%)

Near 52W Low of ₹1535.00

17,352 NSE+BSE Volume

NSE 28 Mar, 2025 3:31 PM (IST)

2,435.3

Market Cap

Above industry Median

0.7

Beta 1Year

Very Low volatility

Automotive Axles Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for AUTOAXLES, BSE:505010 Automotive Axles Ltd.

Automotive Axles Ltd.

19 May 2023

1611.50

-1.90%

Result Update:Automotive Axles

Hold: Automotive Axles Ltd.

Target

Axis Direct

Recommendation: We maintain our HOLD rating on the stock.

Automotive Axles Ltd. is trading below all available SMAs

Automotive Axles Ltd.

07 Feb 2023

1611.50

-1.90%

Result Update:Automotive Axles

Hold: Automotive Axles Ltd.

Target

Axis Direct

After the recent run-up to current levels post strong Q3 results, the stock looks fairly valued and we need to await a better entry point; hence downgrade our rating from BUY to HOLD. Given the strong CV Cycle we value the stock at 19x (earlier 18x) it's FY25 EPS (roll forward from Sept'24 EPS). O..

Automotive Axles Ltd. has an average target of 2440.50 from 2 brokers.

Automotive Axles Ltd.

07 Feb 2023

1611.50

-1.90%

Automotive Axles

Buy: Automotive Axles Ltd.

Target

ICICI Direct

Automotive Axles Ltd. has an average target of 2440.50 from 2 brokers.

Automotive Axles Ltd.

09 Aug 2022

1611.50

-1.90%

Automotive Axles

Buy: Automotive Axles Ltd.

Target

ICICI Direct

Automotive Axles Ltd. is trading below all available SMAs

Automotive Axles Ltd.

23 May 2022

1611.50

-1.90%

Result Update:Automotive Axles

Hold: Automotive Axles Ltd.

Recommendation Target

Axis Direct

We revise our rating from HOLD to BUY assigning a multiple of 17x FY24E EPS to arrive at a target price of Rs 1,840/share (Rs 1,600 earlier), implying a potential upside of 12% from the CMP.

Automotive Axles Ltd. has an average target of 2440.50 from 2 brokers.

Automotive Axles Ltd.

20 May 2022

1611.50

-1.90%

Automotive Axles

Buy: Automotive Axles Ltd.

ICICI Direct

Automotive Axles Ltd. has an average target of 2440.50 from 2 brokers.

Automotive Axles Ltd.

23 Feb 2022

1611.50

-1.90%

Automotive Axles

Buy: Automotive Axles Ltd.

Target

ICICI Securities Limited

Key Company Update: Automotive Axles is co-promoted by Meritor Inc. (global leader in axles especially for heavy trucks) and the Kalyani group (promoters of Bharat Forge) with each entity owning 35.5% stake in the company. At the parent level, Cummins Inc. has acquired Meritor Inc. valuing Meritor Inc. at US$3.7 billion....

Automotive Axles Ltd. is trading below all available SMAs

Automotive Axles Ltd.

15 Nov 2021

1611.50

-1.90%

Result Update:Automotive Axles

Buy: Automotive Axles Ltd.

Target

Axis Direct

We retain a BUY rating on the stock assigning a multiple of 17x FY23E EPS to arrive at a target price of Rs 1,550/share (12% upside) on the back of the CV recovery cycle, new products, and cost rationalisation.

Automotive Axles Ltd. has an average target of 2440.50 from 2 brokers.

Automotive Axles Ltd.

23 Aug 2021

1611.50

-1.90%

Result Update:Automotive Axles

Buy: Automotive Axles Ltd.

Target

Axis Direct

We retain a BUY and our multiple to 15x FY23E to arrive at a target price of Rs 1,440/share (15% upside) on the back of the CV recovery cycle, new products, and cost rationalisation.

Automotive Axles Ltd. is trading below all available SMAs

Automotive Axles Ltd.

24 May 2021

1611.50

-1.90%

Result Update:Automotive Axles

Buy: Automotive Axles Ltd.

Target

Axis Direct

We retain a BUY and raise our multiple to 15x FY23E to arrive at a target price of Rs 1,470/share (11% upside) on the back of the CV recovery cycle, new products and cost rationalisation.

Automotive Axles Ltd. has an average target of 2440.50 from 2 brokers.

No results found

Is Automotive Axles Ltd. worth buying?

57 Votes:

Buy 71.93%

Sell 15.79%

Hold 12.28%

RESEARCH REPORTS

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