Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The company is a beneficiary of the current cyclical recovery in the domestic commercial vehicle space, especially the medium & heavy commercial vehicle (M&HCV) domain.

Automotive Axles surges 8%, hits record high on healthy business outlook

“In the auto sector, Ashok Leyland, Automotive Axles and AIA Engineering are looking good while in the capital goods space, both SKF and Timken are looking good. Then there are companies like Thermax, Siemens which we also like.”

7 capital goods and auto stock picks from Pankaj Pandey

Automotive Axles Q4 Review - Strong Quarter, CV Upcycle To Provide Growth Impetus: Axis Securities

ICICI Direct is bullish on Automotive Axles recommended buy rating on the stock with a target price of Rs 1730 in its research report dated February 23, 2022.

Buy Automotive Axles; target of Rs 1730: ICICI Direct

Automotive Axles standalone net profit rises 50.11% in the December 2021 quarter

Automotive Axles standalone net profit rises 68.44% in the September 2021 quarter

Automotive Axles reports standalone net profit of Rs 5.57 crore in the June 2021 quarter

Jindal Saw Ltd, GFL Ltd, L G Balakrishnan & Bros Ltd and CCL Products (India) Ltd are among the other gainers in the BSE’s ‘A’ group today, 27 July 2021.

Automotive Axles Ltd leads gainers in ‘A’ group

As part of the workplace vaccination initiative, Automotive Axles Limited (AAL), Mysuru, on Monday began administering vaccine against COVID-19 to its employees and their family members.The company cl

Workplace vaccination for industry workers

Automotive Axles Ltd, La Opala RG Ltd, Bajaj Hindusthan Sugar Ltd and Dhampur Sugar Mills Ltd are among the other losers in the BSE’s ‘A’ group today, 21 May 2021.

Praj Industries Ltd leads losers in ‘A’ group

TCI Express Ltd, Just Dial Ltd, Kennametal India Ltd and Orient Cement Ltd are among the other gainers in the BSE’s ‘A’ group today, 20 May 2021.

Automotive Axles Limited is engaged in the manufacturing of automotive axles. It provides its products to the domestic and global manufacturers of trucks and buses. 

Automotive Axles Ltd

Automotive Axles Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Automotive Axles surges 8%, hits record high on healthy business outlook

7 capital goods and auto stock picks from Pankaj Pandey

Automotive Axles Q4 Review - Strong Quarter, CV Upcycle To Provide Growth Impetus: Axis Securities

Buy Automotive Axles; target of Rs 1730: ICICI Direct

Automotive Axles standalone net profit rises 50.11% in the December 2021 quarter

Automotive Axles standalone net profit rises 68.44% in the September 2021 quarter

Automotive Axles reports standalone net profit of Rs 5.57 crore in the June 2021 quarter

Automotive Axles Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Automotive Axles surges 8%, hits record high on healthy business outlook

7 capital goods and auto stock picks from Pankaj Pandey

Automotive Axles Q4 Review - Strong Quarter, CV Upcycle To Provide Growth Impetus: Axis Securities

Buy Automotive Axles; target of Rs 1730: ICICI Direct

Automotive Axles standalone net profit rises 50.11% in the December 2021 quarter

Automotive Axles standalone net profit rises 68.44% in the September 2021 quarter

Automotive Axles reports standalone net profit of Rs 5.57 crore in the June 2021 quarter

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock