wabco tvs recommended on march 01,2011 at 932.00 for medium term. after five months of recommendation wabco tvs yesterday touched a yearly new high of 1324.80.stock gained morethan 40% in five months time.one can book partial profits and hold the rest for long term gains.below is the original post recommended on march 2011.
Tuesday, March 1, 2011
medium term buy - WABCO TVS
WABCO TVS CMP: 932.00
WABCO-TVS (India) Ltd. manufactures automotive parts. The Company produces electronic braking, stability, and suspension and transmission control systems for heavy-duty commercial vehicles, luxury cars, and sport utility vehicles.
WABCO-TVS is a safe bet. Its currently trading at a P/E of little less than 15. Liabilities are well managed. NPM is healthy at 15% which has improved marginally from last years 13%. Revenue has grown 33% YoY and PAT has grown at 50% YoY. Auto industry is growing at a decent pace and is expected do well. Buy, Accumulate on dips of 10% and hold for medium and long term gains.
Tuesday, March 1, 2011
medium term buy - WABCO TVS
WABCO TVS CMP: 932.00
WABCO-TVS (India) Ltd. manufactures automotive parts. The Company produces electronic braking, stability, and suspension and transmission control systems for heavy-duty commercial vehicles, luxury cars, and sport utility vehicles.
WABCO-TVS is a safe bet. Its currently trading at a P/E of little less than 15. Liabilities are well managed. NPM is healthy at 15% which has improved marginally from last years 13%. Revenue has grown 33% YoY and PAT has grown at 50% YoY. Auto industry is growing at a decent pace and is expected do well. Buy, Accumulate on dips of 10% and hold for medium and long term gains.
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