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.
21 Aug, 2015, 09.39 AM IST
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.
21 Aug, 2015, 07.09 AM IST
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.
03 Aug, 2015, 04.54 PM IST
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...
10 Apr, 2015, 07.49 AM IST
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...
17 Mar, 2015, 05.57 AM IST
- Recommend to buy Ahmednagar Forgings Ltd: Neeraj Deewan
Ahmednagar Forgings Ltd has corrected and it has a good future.
15 Dec, 2014, 03.40 PM IST
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.
03 Dec, 2014, 04.54 PM IST
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...
22 Sep, 2014, 05.44 PM IST
- Buy Ahmednagar Forgings with a target of Rs 440: Prakash Gaba
Ahmednagar Forgings is a 'BUY' call with a target of Rs 440 and a stop loss of 415.
11 Sep, 2014, 12.43 PM IST
- Buy Ahmednagar Forging Ltd with a target of Rs 450: Prakash Gaba
Ahmednagar Forging Ltd is a 'BUY' call with a target of Rs 450 and a stop loss of 395.
11 Sep, 2014, 09.38 AM IST
- 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."
01 Sep, 2014, 11.34 AM IST
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...
23 Aug, 2014, 03.44 PM IST
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...
02 Jul, 2014, 04.54 PM IST
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.
25 Jun, 2014, 04.46 PM IST
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.
19 Mar, 2013, 08.28 PM IST
- Deccan Chronicle is relatively safe: Deepak Mohoni
Deepak Mohoni in a chat with ET Now talks about HOEC, Deccan Chronicle and Ahmednagar Forgings.
16 Feb, 2010, 05.39 PM IST
- Arch Infra buys Trinity Forge unit
Arch Infra Projects Nirman buys Ahmednagar unit of Trinity Forge for Rs 18 crore.
18 Jul, 2007, 12.25 AM IST