Auto Ancillary sector : Techno Funda Analysis
We have divided all the Auto ancillary cos. on Techno funda basis (more than 1k cr market cap)
Here is the Potential watchlist of cos. to be watched out during upcoming results
We have divided all the Auto ancillary cos. on Techno funda basis (more than 1k cr market cap)
Here is the Potential watchlist of cos. to be watched out during upcoming results
1. Sharda Motors
- Share price is almost at all time high (ATH) & has broken its 5 years ATH
- March results were at all time high. Even though June quarterly results come less than that of march
- If June results are better than of June 21 then the share price might rise.
- Share price is almost at all time high (ATH) & has broken its 5 years ATH
- March results were at all time high. Even though June quarterly results come less than that of march
- If June results are better than of June 21 then the share price might rise.
2. Shanthi Gears
- Company broke its 7 years All time high few months ago
- Last 3 quarter's results have been coming at an all time high sales and profit.
- June results. if they are better then share might have a chance to rally more.
- Company broke its 7 years All time high few months ago
- Last 3 quarter's results have been coming at an all time high sales and profit.
- June results. if they are better then share might have a chance to rally more.
3. ZF commercial
- Co. is on the verge of breaking its 7 years ATH
- Last quarterly results were at its all time high based on sales and profits
- June's results usually comes muted, however giving higher sales and profit than June 19 result may propel share to break it ATH
- Co. is on the verge of breaking its 7 years ATH
- Last quarterly results were at its all time high based on sales and profits
- June's results usually comes muted, however giving higher sales and profit than June 19 result may propel share to break it ATH
4. Wheels India (Dark horse)
- Share price is not at ATH, however quarterly results since last 2 quarters have been coming highest
- June results are muted in this stock however if this quarter its able to beat its June 19 results then share may touch its previous ATH.
- Share price is not at ATH, however quarterly results since last 2 quarters have been coming highest
- June results are muted in this stock however if this quarter its able to beat its June 19 results then share may touch its previous ATH.
5. Minda corp
- Share price is near its ATH. It shall be a 5 years ATH breakout.
- March results were at its all time high in terms of sales and operating profit
- Stock can break it ATH if June results are more than June 19 Results
- Share price is near its ATH. It shall be a 5 years ATH breakout.
- March results were at its all time high in terms of sales and operating profit
- Stock can break it ATH if June results are more than June 19 Results
6. Lumax industries (dark Horse)
- Share price is not at its ATH, however, Last quarter results were at its ATH.
- If june results are more than its June 19 results then share is highly likely to touch its previous ATH.
- Share price is not at its ATH, however, Last quarter results were at its ATH.
- If june results are more than its June 19 results then share is highly likely to touch its previous ATH.
7. L G Balakrishnan
- Share price is near its ATH.
- March results were muted and hence ATH wasn't broken.
- June results are extremely important. A good result will help the company to reach its new ATH.
- Share price is near its ATH.
- March results were muted and hence ATH wasn't broken.
- June results are extremely important. A good result will help the company to reach its new ATH.
8. Jamna Auto
- Share price is at its ATH. Results of last quarter were also at it ATH.
- June results are usually muted QoQ basis. However, if its better than its June 19 results with significant margin. The Stock will have a higher chance of reaching its new ATH
- Share price is at its ATH. Results of last quarter were also at it ATH.
- June results are usually muted QoQ basis. However, if its better than its June 19 results with significant margin. The Stock will have a higher chance of reaching its new ATH
9. Fiem Industries (ola waale)
- Co. has recently broken its ATH. Due to its ATH March quarterly results
- Share price has broken its 5 years ATH and if the June results are good then the share has a good chance of achieving a higher ATH.
- Co. has recently broken its ATH. Due to its ATH March quarterly results
- Share price has broken its 5 years ATH and if the June results are good then the share has a good chance of achieving a higher ATH.
10. Automotive axles
- Co. is at its ATH. Due to its good March quarterly results
- 5 years ATH has been broken and if the June results are better than its June 19 results then the share has a good chance of achieving a higher ATH.
- Co. is at its ATH. Due to its good March quarterly results
- 5 years ATH has been broken and if the June results are better than its June 19 results then the share has a good chance of achieving a higher ATH.
11. Pricol ltd
- Share price is at its all time high. However the results are not.
- Quarterly results have been consistent but Dec 20 results have been the highest till now.
- This June quarter results will decide whether the share will make it or break it.
- Share price is at its all time high. However the results are not.
- Quarterly results have been consistent but Dec 20 results have been the highest till now.
- This June quarter results will decide whether the share will make it or break it.
12. Suprajitt engg.
- Share price recently gave a Fake ATH breakout only because of sideways result since last 3 quarters.
- Mar 21 results have been highest.
- June results are mostly muted. Recent result should be higher on YoY basis with good margin for the share to rally.
- Share price recently gave a Fake ATH breakout only because of sideways result since last 3 quarters.
- Mar 21 results have been highest.
- June results are mostly muted. Recent result should be higher on YoY basis with good margin for the share to rally.
13. Sundaram clayton
- Share is not near its ATH. But the results of March 22 have been highest.
- If coming June results are better than June 19 results then share has a high chance to touch its ATH and break it.
- Share is not near its ATH. But the results of March 22 have been highest.
- If coming June results are better than June 19 results then share has a high chance to touch its ATH and break it.
14. Precision Camshaft
- Share price has recently came around its multiyear ATH range. But it highly depends on the upcoming results.
- Higher June results will increase its chances to break ATH
- Share price has recently came around its multiyear ATH range. But it highly depends on the upcoming results.
- Higher June results will increase its chances to break ATH
15. Lumax Auto
- Share price has recently broken its 5 years ATH. However, the March results were Flat.
- June results would be important for the share price to sustain its breakout otherwise there is a chance of a breakout failure.
- Share price has recently broken its 5 years ATH. However, the March results were Flat.
- June results would be important for the share price to sustain its breakout otherwise there is a chance of a breakout failure.
Auto Ancillary companies above 1k crore market cap. divided in 5 different categories on the basis of techno funda analysis
1. ATH Sales, Profit, Share price
2. ATH Sales and profit but not price
3. Only Sales ATH
4. Dark horse (can rally if results good)
5. No Ath anywhere
1. ATH Sales, Profit, Share price
2. ATH Sales and profit but not price
3. Only Sales ATH
4. Dark horse (can rally if results good)
5. No Ath anywhere
In our Main PF, we hold (15% in total)
1. Schaffler
2. Fiem industries
3. Lumax Auto
4. Mahindra CIE
5. Shanthi Gears
6. Jamna auto
Entry price and date have been informed in our telegram group
t.me
1. Schaffler
2. Fiem industries
3. Lumax Auto
4. Mahindra CIE
5. Shanthi Gears
6. Jamna auto
Entry price and date have been informed in our telegram group
t.me
Loading suggestions...