Tulsian told CNBC-TV18, "JBM Auto is making the sheet metal component and welded subassemblies, which are used largely by the automobile plants. They have three plants - one in Noida, one in Gurgaon and one at Nasik. They are catering to major auto manufacturers.”He further added, “If you see, the performance of the company has been quite robust. They have been posting an EPS of close to over Rs 20. Even for FY11 they had a topline of close to about Rs 750 with EPS of close to about Rs 20 plus. If I go by their Q1 performance, they have already posted a topline of Rs 200 crore plus with EPS of close to about Rs 5.10-5.15.”Vcommindia News
Monday, 3 October 2011
See 25-30% returns in JBM Auto, says SP Tulsian
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment