Jamna Auto Industries Ltd
JAMNAAUTO

217.40

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Turnover (lac)
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217.00

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Reco. Price
Rs 197.00
We recommend accumulate on account on market leadership, improving product mix and distribution expansion. This will be supported by growth of OEM sector, its alliance with Ridewell and expansion of its distribution subsidiary. The stock trades at ~15x FY17E P/E.(Target: Rs 206)
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50 DMA (.)
183.28
100 DMA (.)
192.39
200 DMA (.)
188.09
Weekly Range (.)
195.00
219.60
Monthly Range (.)
180.00
219.60
52 Weeks Range (.)
115.15
240.80
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