The stock has been not appreciated by Mkt. The co. catering studs, nuts to Auto industry and have very good client base like Honda, Maruti, Ashok leylan etc. The co. is OEM and 65-70 % of the total sale is exported. The domestic demand is also picking up. Just 2.9 Cr. equity and 50 years old co. is appealing now @ 66-68 rate. Risk reward ratio is good and holding medium to long term in portfolio can witness good return.
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