Munjal Auto Industries Ltd. share price target and research reports

Name: Latest research reports of Munjal Auto Industries Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Munjal Auto Industries Ltd.
Rating: 5
Author: Karvy

Latest analyst research reports with target prices and PDF download for MUNJALAU, BSE:520059 Munjal Auto Industries Ltd.

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Munjal Auto Industries Ltd.

13 Jul 2015, 12:00AM

78.74

-0.98%

Munjal Auto Industries Ltd - Strong Clientele Lays Foundation for Sustainable Gr... (Jul 13, 2015)

Buy: Munjal Auto Industries Ltd.

Karvy

Currently the fundamental growth drivers of Munjal Auto; Specialists inexhaust system manufacturing, depends on the performance of Hero MotoCorp (their group company) and the auto industry as a whole. Considering favorable rural demand and economic conditions, the revenue is expected to grow at a CAGR of 11% from FY13-17E with RoE reaching 20.3% by FY17E from the prevailing 18% in FY15.

Munjal Auto Industries Ltd. is trading below its 150 day SMA of 81.6

Munjal Auto Industries Ltd.

29 Sep 2014

78.74

-0.98%