Amtek Auto - Daily Stock Picks
- CMP: Rs. 184
- Target: Rs. 208
- Book Value: Rs. 162
- EPS: Rs 9
- Dividend: 25%
Amtek Auto Stock Analysis:
- Amtek Auto manufactures Auto Spare Parts in large scale. This is one of the market leaders in Auto Spares sector. Amtek performs its operations in US and UK zones also.
- Amtek supplies spares to almost all of the countries top Auto companies. Its client list includes Maruti, Bajaj Auto, TVS, Hero Honda, Mahindra & Mahindra, Tata Motors.
- Amtek recently formed a Joint Venture with Sumitomo Metals (Japan).
- With Auto sector posting smart gains in sales on the back of Indian economic growth, companies such as Amtek will show good growth.
Source: Sakshi Business News
The above recommendations are based on company fundamentals. We are not responsible for your investment decisions.
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