Mahindra
CIE Automotive Ltd is trading at ₹ 59.0 with a Gain of +5.0
% on 28-April-2020
at the time of publishing this report.
The Company has posted has posted Sales of Rs.1662.71 cr and seen
decline of -25% YoY and -3.5% QoQ . The
Net Profit is Rs.20.79 with Decline of
-86% yoY and increase of ++49% QoQ.
Concern : 1. Forex
loss of Rs 45.4 crore due to impact of a sharp depreciation in Peso on $26
million loan at Bill Forge Mexico.
Strength : 1. MF has increased investment to
6.75% from 6.52% and FII has increased holdings from 14.04% to 14.85% in March 2020.
Valuations : We are expecting that company will post a consolidated sales of Rs.7280 Cr in CY2021 with Net Profit of Rs.410 Cr.
Cos. Is now Trading at X1 of its
Value and if we consider the Next Year earnings , it is valued at X0.47 , which almost ~53% discount to the
present value.
Disclaimer : We are / may going to take exposure
shortly.
The
author tracks economic, behavioural and corporate tends, hoping to gauge good
avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
method. You can reach me/us at |
Twitter # NiftyNext1 | e-Mail :
Mail@NiftyNext.Com | Tel +91 8802230836 | Telegram # TheNiftyNext |
No comments:
Post a Comment
Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.