Top 15 Auto Ancillaries stocks to watch out for this Quarterly results season
Our Techno-funda analysis has identified potential multi-bagger stocks which are on verge of multi year breakout
With good quarterly results some of them has the potential to breakout & rally
🧵👇
Our Techno-funda analysis has identified potential multi-bagger stocks which are on verge of multi year breakout
With good quarterly results some of them has the potential to breakout & rally
🧵👇
L G Balakrishnan & Bros
- Co. has posted ATH sales & near ATH OPM in Dec results
- Despite not giving much sales growth & OPM, share still is at ATH as according to our view share is undervalued
- Improved OPM in next quarter with good sales growth can lead to a proper rally
- Co. has posted ATH sales & near ATH OPM in Dec results
- Despite not giving much sales growth & OPM, share still is at ATH as according to our view share is undervalued
- Improved OPM in next quarter with good sales growth can lead to a proper rally
Automotive Axles (Dark Horse)
- Co. posted exceptional results in Dec with really good sales growth and OPM
- Share is undervalued and can give a good rally if it gives improved results in the next quarter
- New entrants will have an inherent risk as share has rallied already
- Co. posted exceptional results in Dec with really good sales growth and OPM
- Share is undervalued and can give a good rally if it gives improved results in the next quarter
- New entrants will have an inherent risk as share has rallied already
Minda Corp
- Co. posted 2nd highest sales & profits in Dec thus price could not break its recent ATH
- The sales has improved since June 22 & co. has maintained that level
- Share is trying to break its 5-YO ATH for the 2nd time after a failed breakout in 2022
- Co. posted 2nd highest sales & profits in Dec thus price could not break its recent ATH
- The sales has improved since June 22 & co. has maintained that level
- Share is trying to break its 5-YO ATH for the 2nd time after a failed breakout in 2022
Pricol
- Co. has posted 2nd highest sales & profits in Dec
- Share is fairly valued & has recently broken its range and gave a good rally trading at ATH
- New entrants will have an inherent risk & results has to be ATH or else the recent breakout can be a failed one
- Co. has posted 2nd highest sales & profits in Dec
- Share is fairly valued & has recently broken its range and gave a good rally trading at ATH
- New entrants will have an inherent risk & results has to be ATH or else the recent breakout can be a failed one
JBM Auto
- Co. has posted one of the best results in Dec but not all-time high
- Co. is seasonal and generally gives more sales in March
- Share is overvalued and the share price has been on an uptrend hence the new entrants will have some risk
- Co. has posted one of the best results in Dec but not all-time high
- Co. is seasonal and generally gives more sales in March
- Share is overvalued and the share price has been on an uptrend hence the new entrants will have some risk
Shanthi Gears
- Co. has given good results in last 4-5 quarters due to which the share has given good breakout & has become a multi-bagger
- News entrants will have a huge risk as the share has rallied a lot
- To continue its uptrend, co. has to give exceptional sales & opm
- Co. has given good results in last 4-5 quarters due to which the share has given good breakout & has become a multi-bagger
- News entrants will have a huge risk as the share has rallied a lot
- To continue its uptrend, co. has to give exceptional sales & opm
ZF Commercial
- Co gave highest ever sales & profits in Dec
- This resulted in the uptrend of the share in this quarter
- As the share price is fairly valued, co. has to give improved results in the quarter, or else the share can most likely go sideways to a downtrend
- Co gave highest ever sales & profits in Dec
- This resulted in the uptrend of the share in this quarter
- As the share price is fairly valued, co. has to give improved results in the quarter, or else the share can most likely go sideways to a downtrend
Uno Minda
- Co. has posted ATH sales & opm in Dec
- Share fell as sales growth was less compared to previous quarters
- Co. has been giving improving results consistently since last 6 quarters. So, if it gives ATH results in this quarter & breaks its ATH then only keep a watch
- Co. has posted ATH sales & opm in Dec
- Share fell as sales growth was less compared to previous quarters
- Co. has been giving improving results consistently since last 6 quarters. So, if it gives ATH results in this quarter & breaks its ATH then only keep a watch
Fiem Industries
- Co. posted exceptional results in Sep & in Dec co. gave one of the best results but not ATH
- This resulted share price falling from its ATH and then going sideways
- Share is undervalued & better results (more than Sept) can lead to a new breakout rally
- Co. posted exceptional results in Sep & in Dec co. gave one of the best results but not ATH
- This resulted share price falling from its ATH and then going sideways
- Share is undervalued & better results (more than Sept) can lead to a new breakout rally
Craftsman Auto
- IPO co. in 2021 which gave flattish results compared to the previous quarter. Sales were near ATH & OPM margins were a bit muted
- Share has moved sideways to downtrend in the last quarter
- Co. has to give stronger opm margins for the share price to breakout
- IPO co. in 2021 which gave flattish results compared to the previous quarter. Sales were near ATH & OPM margins were a bit muted
- Share has moved sideways to downtrend in the last quarter
- Co. has to give stronger opm margins for the share price to breakout
Rolex Rings
- IPO co. in 2021. Co. posted ATH results in Dec
- The share price has been in a range since the last 3 quarters due to low growth in sales
- Co. has to give good sales growth and maintain the current level of OPM to the least for the share price to reach new ATH
- IPO co. in 2021. Co. posted ATH results in Dec
- The share price has been in a range since the last 3 quarters due to low growth in sales
- Co. has to give good sales growth and maintain the current level of OPM to the least for the share price to reach new ATH
Suprajit Engineering
- Sales & profits in Dec were good but not ATH, in reaction to which share remained range bound
- Share is undervalued & if co. maintains its sales & improve its OPM, the share can give a good rally
- March results are highest due to seasonality
- Sales & profits in Dec were good but not ATH, in reaction to which share remained range bound
- Share is undervalued & if co. maintains its sales & improve its OPM, the share can give a good rally
- March results are highest due to seasonality
Gabriel India
- Muted results in Dec has led to a downtrend in share
- Chart of the share looks promising as the share is yet to give a multi-year breakout & is not too far
- Due to seasonality Sep quarter is highest sales, if co. gives better results than Sep, share can rally
- Muted results in Dec has led to a downtrend in share
- Chart of the share looks promising as the share is yet to give a multi-year breakout & is not too far
- Due to seasonality Sep quarter is highest sales, if co. gives better results than Sep, share can rally
Shriram Pistons
- Co. has posted flattish sales in Dec but profits were ATH
- Share is trying to revive after a big downfall & with improving results in each quarter, the share is most likely to reach its 6-YO ATH
- March results are crucial to watch out for
- Co. has posted flattish sales in Dec but profits were ATH
- Share is trying to revive after a big downfall & with improving results in each quarter, the share is most likely to reach its 6-YO ATH
- March results are crucial to watch out for
Amararaja Battery
- Co. gave really good results in June22 but since then it has given flattish results hence the share has been sideways
- Good sales growth in this quarter which would aid the share towards its ATH
- Share can reach its 7-YO ATH & hence has a lot of potential
- Co. gave really good results in June22 but since then it has given flattish results hence the share has been sideways
- Good sales growth in this quarter which would aid the share towards its ATH
- Share can reach its 7-YO ATH & hence has a lot of potential
Loading suggestions...