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AHMEDNAGAR FORGINGS LTD.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsWhat we are witnessing in the market these days is similar to scenarios that have played out in the past. There have been many points in th...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
- Amtek Auto, subsidiaries hit upper circuit; here’s whyAmtek Auto is a key supplier to leading auto manufacturers such as Maruti Suzuki and Tata Motors.
- Management commentary arrests fall in Amtek Auto; stock ralliesAs per the report, the group debt stood at Rs 15,073 crore and interest payment has surged by 43% on a sequential basis.
- Crisis Call: Amtek auto admits ‘temporary cash flow mismatch’The group companies have lost nearly one-third of their market capitalisation (about Rs 4,300 crore) since the start of August.
- Auto ancillary as a space should do well, says Neeraj Deewan, Quantum SecuritiesAuto ancillary as space should do very well, which has already been reflecting in quarterly numbers and stock prices, says Deewan.
- Prefer JK Tyre, Ahmednagar Forgings among auto ancillary stocks: Neeraj DeewanDeewan also likes Shivam Autotech, a Hero group company. The smallcap company has a dedicated facility to cater to Bosch, the expert points...
- Amtek Auto plans to acquire German forging manufacturer Scholz Edelstahl: SourcesAmtek Auto, one of India’s largest auto component makers, is all set to acquire Scholz Edelstahl GmbH of Germany, according to multiple peo...
- Recommend to buy Ahmednagar Forgings Ltd: Neeraj DeewanAhmednagar Forgings Ltd has corrected and it has a good future.
- Auto ancillaries to be good long-term bets: Neeraj Deewan, Quantum SecuritiesOne needs to have a little longer term perspective and one should look at the next two-three years.
- See a lot of upside in NBFC space in next couple of years: Neeraj Deewan, Quantum Securities'There has to be some consolidation in the market, so that you can justify the valuations at which the stocks are trading,' says Neeraj Dee...
- Buy Ahmednagar Forgings with a target of Rs 440: Prakash GabaAhmednagar Forgings is a 'BUY' call with a target of Rs 440 and a stop loss of 415.
- Buy Ahmednagar Forging Ltd with a target of Rs 450: Prakash GabaAhmednagar Forging Ltd is a 'BUY' call with a target of Rs 450 and a stop loss of 395.
- Buy Ahmednagar Forgings with a target of Rs 400: Prakash Gaba"Ahmednagar Forgings is a 'BUY' call with a target of Rs 400 and a stop loss of Rs 365."
- Oil marketing companies still available at attractive valuations: Sudip BandyopadhyayIf you are looking at companies like Sun Pharma, definitely there is an opportunity of making money over a longer period of time, says Sudi...
- Rally in auto component stocks will continue: Neeraj Deewan, Quantum Securities"Whenever new order flow comes, they will improve even more. Sales too will go up. There is another indication that there will be more dema...
- Auto component companies to get re-rated: Avinnash GorakssakarThese stocks would definitely get re-rated. We have seen a lot of underperformance here and this is the first sign of recovery, he said.
- Mavi Investment Fund sells 46 lakh shares of Adani PowerMavi Investment Fund, a shareholder of Adani Power Ltd, today offloaded 46 lakh shares of the company for nearly Rs 22 crore in open market.
- Deccan Chronicle is relatively safe: Deepak MohoniDeepak Mohoni in a chat with ET Now talks about HOEC, Deccan Chronicle and Ahmednagar Forgings.
- Arch Infra buys Trinity Forge unitArch Infra Projects Nirman buys Ahmednagar unit of Trinity Forge for Rs 18 crore.
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