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Tuesday 23 June 2015

UCAL FUEL System - Leading Fuel Management player

The leading player in fuel management systems for automotive, generator set and pumps etc. The co. mainly supply its products to the Auto industry. The esteem customers of the co. are TATA, YAMAHA, MARUTI, BOSCH, HYUNDAI etc. Now as soon as economy pick up, auto sector will soar up and product will  pick up demand. The co. has also JV with aero space product in working with air space product. Defense sector is next emerging sector, and co. can take advantage of it.
  The co. has book value of 138 and EPS for the FY14 is 9. Promoter holding 70% stake. The price trading attractive level @ 101 looking to the business growth and worth to include in medium to long term portfolio.

The web site of co. is  http://www.ucalfuel.com  

Aero space JV information site  http://ucal-jap.com/