Scripscan:WABCO-TVS India Ltd
Code:533023
cmp:500
Story:Wabco-TVS (India), Ltd. engages in the manufacture and sale of air-assisted and air brake systems for commercial vehicles in India. It exports its products to Australia, Malaysia, the United Kingdom, Singapore, Venezuela, south Asia, North America, and the Middle East. Wabco-TVS (India) Ltd. operates as a subsidiary of WABCO Holdings Inc.India is one of the countries where the commercial vehicle has very significantly recovered than what the industry anticipated. Very few countries in the world can be clubbed into this group for example China, Korea and Japan.India, from the beginning of this financial year, has seen a continuous growth in the CV industry and the same is expected to sustain for the next many years.Due to the investment in the infrastructure, the tipper and the tractor trailer segment also is increasing. As a result,the order book is increasing and the company is using almost 80% of capacity for the original equipment manufacturer (OEM) market.This growth is likely to continue.Wabco some months ago made an arrangement with the customers to pass on the raw material price increase or decrease.Thus the margins are expected to grow going forward.Wabco-tvs is expected to report much robust numbers in the coming quarters.The stock market fraternity in anticipation has already made the scrip move over 500% from its 52 week lows.At this prices it looks a tad expensive,buy at sub 400 levels to reap rich capital appreciation in the longer run.
Friday, December 11, 2009
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
