Jamna Auto Industries Ltd
JAMNAAUTO

240.90

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

240.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 220.00
We recommend ACCUMULATE on the back of capacity expansion amid OEM demand growth. Additionally, diversification in product portfolio is expected to aid revenue growth. The stock is trading at ~23x FY18E P/E. (Target Price – Rs.265)
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50 DMA (.)
215.79
100 DMA (.)
197.48
200 DMA (.)
200.78
Weekly Range (.)
236.00
249.60
Monthly Range (.)
206.00
249.60
52 Weeks Range (.)
138.10
249.60
Detailed Chart
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