Sectoral trends- Auto & Auto Ancillary
In line with the pick up in demand for automobiles since mid 2009 a host of small cap auto ancillary companies together delivered about 50 percent growth in sales in each of the three quarters. Amongst those Gabrial India is a prominent example and it has performed well in the recent quarters
The broad trend has played out in the sensex companies too with auto makers hogging the limelight with strong top line and bottom line growth. I like Ashok Leyland in the auto sector;
So I suggest to my clients to accumulate Gabrial India and Ashok Leyland at lower levels using the present market condition for a decent 20% return in 6 months time period.
The current market price of Gabrial is Rs 58 and Ashok Leyland current market price is 72
கீழ்க்கண்ட லிங்கில் கிளிக் செய்து அசோக் லேய்லாந்து பற்றிய முக்கிய விபரங்களை அறியவும்
http://ishare.rediff.com/video/others/ashok-leyland-launches-new-models-of-u-truck-tippers/2340692
என்னைப் பற்றி
- Calaiselvi Ramanathan
- Trichy, Tamilnadu, India
- Born in venthanpatti, Brought up in Singapore, I beleive in today the present hour, the present minute
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