Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Metalyst Forgings Limited manufactures and sells forged automotive components, cold forged parts, and tensile fasteners primarily in India. It has a product portfolio with a range of engineered components, including camshafts, connecting rods, crankshaft, crown wheel pinions, and front axle beams. The company also provides components for two/three wheelers, cars, tractors, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and stationary engines. In addition, it exports its products. Metalyst Forgings Limited was formerly known as Ahmednagar Forgings Limited and changed its name to Metalyst Forgings Limited in May 2015. The company was incorporated in 1977 and is headquartered in Pune, India. Metalyst Forgings Limited is a subsidiary of Amtek Auto Limited.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Buy
Sell