Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Mahindra CIE Automotive Limited manufactures and sells automotive components to original equipment manufacturers and other customers in India and Europe. It offers forging products, such as crankshafts, steering components, and other forged products; stampings, including body systems, chassis systems, and assembly; gears, shafts, and transmission gears; axle and transmission parts, engine parts, and other products; magnetic products, such as permanent magnet, soft ferrite cores, impeder cores, and magnetic induction lightings; sheet and dough molding compounds; and auto parts, medical equipment covers, and windmill parts. The company also provides oil sumps, turbo housings, exhaust manifolds, passive entry antenna components, synchro hubs, and planetary carriers; differential and carrier housing products; knuckles/stub axles, brake calipers, spring saddles, hoods, fenders, bonnets, foot plates, front grills, and stamped cabin components; and lift arms, rocker arms, trunion brackets, and toppling cranks. It offers its products for use in cars, utility vehicles, commercial vehicles, tractors, off road vehicles, and two-wheelers. The company was formerly known as Mahindra Forgings Limited and changed its name to Mahindra CIE Automotive Limited in November 2013. The company was incorporated in 1999 and is based in Mumbai, India. Mahindra CIE Automotive Limited is a subsidiary of Participaciones Internacionales Autometal Dos S.L.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Buy
Sell