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13 Jul 2015
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Munjal Auto
|
Karvy
|
67.03
|
92.00
|
78.75
(-14.88%)
|
Target met |
Buy
|
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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.
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29 Sep 2014
|
Munjal Auto
|
Ashika Research
|
67.03
|
155.00
|
110.00
(-39.06%)
|
Pre-Bonus/ Split |
Buy
|
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Munjal Auto Industries ltd. (MAIL) is a leading auto component manufacturing company in India and is a part of the famous Hero Group of companies. The company primarily manufactures...
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