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.

11 Dec 2018

1653.10

0.24%

Automotive Axles - Axle'rating on CV cycle

Buy: Automotive Axles Ltd.

LKP Securities

and fuel costs the long term demand is intact as BS VI implementation and scrappage policy will trigger a strong and continuous demand for the sector. The company being market leader in axles business is well placed in gaining incremental business from its...

Automotive Axles Ltd. is trading above its 30 day SMA of 1646.2

Automotive Axles Ltd.

22 Nov 2018

1653.10

0.24%

Initiating Coverage:Automotive Axles

Buy: Automotive Axles Ltd.

Axis Direct

Automotive Axles Ltd., a JV between Kalyani Group and Meritor Inc., is a leading player in the manufacturing of automotive axles for Medium & Heavy Comm. Vehicles (M&HCV;), esp. the rear wheel axles which is an integral and load bearing part of the drive line.

Automotive Axles Ltd. is trading below its 50 day SMA of 1654.5

Automotive Axles Ltd.

15 Nov 2018

1653.10

0.24%

Initiating Coverage

Buy: Automotive Axles Ltd.

Angel Broking

Outlook & Valuation: We believe AAL is comfortably placed to tap the upcoming opportunity in the industry owing to improving road infra, BS-VI pre-buying and foray into new segment coupled with expansion of capacity by 35-40%. At the CMP of Rs1,250, the stock is available at 12.3x its FY2020E EPS of Rs96. We have assigned a multiple o..