Moneycontrol PRO

Discovery Series: GNA Axles – A future-ready niche player with strong financials

In terms of valuation, GNA is trading at 10 times FY21 projected earnings, which is very reasonable

January 07, 2021 / 05:11 PM IST
Discovery Series: GNA Axles – A future-ready niche player with strong financials

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

In continuation of our discovery series, we have identified GNA Axles (CMP: Rs 303, Mcap: Rs 651 crore) as one of the ideas that can be part of a long-term portfolio. GNA is a niche player in the auto-component segment with a strong brand, long-term relationship with clients, and strong financials. With leadership position in domestic market and significant presence in leading economies coupled with positive industry outlook and reasonable valuations, the company merits investors’ attention. The business – a niche...

  • PRO Panorama

    Moneycontrol Pro Panorama | Are US and Indian markets decoupling?

    Aug 8, 2022 / 05:36 PM IST

    In today’s edition of Moneycontrol Pro Panorama: The oil breather, Titan’s lustre, the Eastern Window, populism’s price, power 'Panchamrit' and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | Shaktikanta Das refuses to pivot 

    Aug 6, 2022 / 10:21 AM IST

    A look at the current macro readings is enough for the RBI governor not to budge and dilute his ‘withdrawal of accommodation’ stance

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers