Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
Amtek Auto Ltd. is not traded on NSE in the last 5 days
BSE
4.19
Change Change %
0.00 0.00%

Updated:12 Nov, 2018, 15:13 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
06-06-2014 Buy 265.70 416.00
N/A
Closed Long (1Y)
06-06-2015

Nomura initiates Amtek Auto with buy

Past not so good past, but company on right track for better future. Expect 27 per cent revenue CAGR & 39 per cent earnings per share CAGR over next 3 years. Free cash flow yields of 14 per cent and 30 per cent in FY15 & FY16. Expect debt/equity to come down to 1.3:1 from 2:1 by FY16. Stock trading at nearly 4.5 times FY15 price earnings and 0.5 times price book ratio.

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