HomeNewsBusinessStocksAunde India can move to Rs 100: Tulsian

Aunde India can move to Rs 100: Tulsian

Aunde India can move to Rs 100, says SP Tulsian, sptulsian.com.

December 09, 2011 / 13:30 IST
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Aunde India can move to Rs 100, says SP Tulsian, sptulsian.com.


Tulsian told CNBC-TV18, "Aunde India is a Germany company and they are leader in the automobile fabrics and seating systems. This promoter or this foreign company has a trend of holding the 100% stakes in all their companies, but this is probably one of the few companies. They might have two or three collaborations in the world where they are a joint venture partner. Aunde Faze was created by carving it out from Faze Three Exports Ltd maybe about four or five years back. Aunde Germany is holding 43% stake in this company and Faze Three, the Anand family is are holding 43% stake."
He further added, "I don
first published: Dec 9, 2011 11:13 am

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