57.85 -1.70 (-2.85%)
NSEOct 01, 2020 01:24 PM
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2015-07-13||Munjal Auto Industri..||Karvy||78.75||92.00||78.75 (-26.54%)||Target met||Buy|
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.
|2014-09-29||Munjal Auto Industri..||Ashika Research||110.00||155.00||110.00 (-47.41%)||Pre-Bonus/|