Established in the year 1981, Automotive Axles Limited also known as AAL is a joint venture of Kalyani Group with the Meritor Inc., USA. With manufacturing facilities working at Mysore of Karnataka and Jamshedpur of Jharkhand, the company manufactures drive axles, non-drive axles, front steer axles, specialty & defence axles as well as drum & disc brakes.
The Company provides these products to the major domestic and also the global manufacturers of trucks and buses pertaining to segments such as light, medium and heavy commercial vehicles, military and off-highway vehicles, aftermarket and exports. As a continuous process, Automotive Axles believes in introducing new products regularly to meet the emerging needs of the commercial vehicle market.
By the end of today’s trading session Automotive Axles share price closed at Rs 602.05, down by 5.47 per cent or 34.80 points on NSE. A total of 11,061 shares of the company have been traded on NSE for a total value of Rs 67.35 lacs. The 20 days average trading volume of the scrip is 5,506.
Important Fundamentals:
- Sector- AUTO- AUTO ANCL AND COMPONENTS
- Face Value (Rs.)- 10
- Average Daily Movement [ADM]- 27.82
- Average Volume [20 days]– 5,506
- 1 Month Return (%)- (-0.53)
- Consolidated FY 15-16 PE Ratio - 0
- Consolidated Trailing PE Ratio - 0
- Standalone FY 15-16 PE Ratio - 27.63
- Standalone Trailing PE Ratio - 23.84
- Book Value - 216.52
- Market Cap - Rs 960.67 (Cr)
- % of Promoter holding pledged – 0
Automotive Axles is one of the top 500 stocks recommended by the research and analysis team of Dynamic Levels, out of more than 1700 stocks listed on NSE. Get the important support and resistance levels of the share for better trading opportunities at Automotive Axles share price forecast on Dynamic Levels website.
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