Munjal Auto Industries Ltd. share price forecast

Item: Munjal Auto Industries Ltd.
Rating: 5
Author: Karvy

Reco - This broker has downgraded this stock from it's previous report.
(eg. - Buy->Hold)

Target - Broker has maintained previous recommendation but reduced share price target.

Reco - This broker has upgraded this stock from it's previous report.
(eg. - Sell->Hold)

Target - Broker has maintained previous recommendation but increased share price target.

Click on any table column to sort reports by date, stock name, broker, price, target, upside or recommendation.

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report		Discuss
	13 Jul 2015	Munjal Auto Industri..	Karvy	50.30	92.00	78.75 (-36.13%)	Target met	Buy	pdf post cache		Broker Report Munjal Auto Industries Ltd - Strong Clientele Lays Foundation for Sustainable Gr... (Jul 13, 2015) 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. pdf Share Share on Share on Share on Share on Like Comment
	29 Sep 2014	Munjal Auto Industri..	Ashika Research	50.30	155.00	110.00 (-54.27%)	Pre-Bonus/ Split	Buy	pdf post cache		Broker Report Munjal Auto Industries Ltd. Ashika Research 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... pdf Share Share on Share on Share on Share on Like Comment

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