will cross the milestone of 1000 crore annual sales in the FY 2016-2017. Remember they have no godfathers in the auto ancillary industry. Now their weakness lies in their over dependence on 2 customers(1)HONDA MC with 44% sales coming from them(2)TVS MOTORS with 25% sales coming from them.Here the silver
8.48 PM Feb 22nd
Pricol best co. to be in in auto ancillary it is making of another Motherson Sumi... Just look at the range of product and industry coverage of the co. and the management... they have Zero Debt and progressive growth in both Top and Bottom line... ADD more at every dip it`s momentary fall... keep
8.03 PM Feb 17th
In this down turn in the market, the maximum P/E a auto ancillary company such as Pricol can command a maximum of 14 -15 P/E. With TTM EPS of less than 5, the max price Pricol can command is Rs. 75. At CMP, the stock is over valued. It may slowly drift to 80 before any upmove happens.
1.35 PM Feb 15th
Dear Darshak, Look at the whole auto ancillary sector,you will find very few Rs 10 face value good stocks,and FIEM no doubt is a good stock in the sector.Of-course the results are disappointing,but you get the chance to re-enter(i am telling this as i entered this stock @ near 400 and exited
1.07 PM Feb 14th
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