Risk factor
Very poor trading liquidity
Profitability factor
Favourable analyst view
About
Automotive Axles Limited, an Indian enterprise established in 1981 and headquartered in Mysore, specializes in the production and distribution of a diverse range of automotive components. Its comprehensive product portfolio encompasses various types of axles, including drive, front steer, defense, off-highway, non-drive, and tandem models, alongside suspension systems and braking solutions such as drum and disc brakes. The company also integrates advanced features into its offerings, such as specialized gearing, integral brake-to-axle designs, multiple weight options, and driver-operated locking mechanisms. While primarily catering to original equipment manufacturers (OEMs) within India, Automotive Axles Limited also maintains a global footprint, exporting its manufactured goods to international markets including the United States, France, Italy, China, Brazil, and Australia.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is underpriced on P/E, of fair value
Target Price
The average target price of AUTOAXLES.NS is 2210 and suggests 35.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation