back to top
HomeSHARE MARKETStrong Stock For Massive Return; This Share Will Touch ₹1200 Easily; Do...

Strong Stock For Massive Return; This Share Will Touch ₹1200 Easily; Do You Have?

Stock To Buy: The stock market started flat on the third trading day of the week. Even amid the market opening and slight decline, market experts have chosen a strong stock for purchase. 

Market analyst has chosen a robust stock to buy. This stock is a good option to include in the portfolio in the short-term to long term.

Investors can place bets on the stock. Experts say that after hearing the name of the stock, investors should not choose it for purchase immediately, but can buy it by taking some time.

Expert Chose This Stock

Market analyst has chosen NDR Auto Components Ltd (NSE: NDRAUTO) to buy. Experts have chosen auto ancillary stock for purchase. Experts said that this stock made a high of 988 earlier and after that, it is now trading at this level. 

Experts said that when he first chose this stock for purchase, it was trading at the level of 400 and now it has climbed to cross 900.

NDR Auto Components – Buy

CMP – 945

Target – 1050/1090

Why Buy This Stock?

According to experts, whenever Maruti’s stock moves, this stock sees a rise. Because it is an auto ancillary stock and there is a strong rise in auto stocks. 

This company makes seat frames. Apart from this, this company also makes car accessories. 30 % of Maruti’s revenue is derived from Maruti.

What Are The Core Values Of The Business?

This is a PE multiplier of 26 to 27 percent, and the company’s equity return is 17 %. In the last three years, the growth in sales is 74 percent, and the profits growth rate is 64 %.

The debt-equity ratio is 0.12 percent. A profit of Rs 12 crore was presented against a profit of Rs 10 crore.

The promoters’ shareholding in the company is 74 percent. Foreign and domestic investors own a stake in the business.

You can place bets on the shares of the company from the perspective of a short-term to a long-term. Experts have given buying advice on this stock for the fourth time.

NDR Auto Components Ltd Stock Performance

Current Price₹ 1,081
52-wk High₹ 1,095 
52-wk Low₹ 407
5 Days Return22.91%
1 Month Return38.02%

Key Fundamentals Parameters

Market Cap₹ 1,286 Cr.
Stock P/E33.4
Book Value₹ 213
Dividend0.38 %
ROCE19.4 %
ROE16.3 %
Face Value₹ 10.0
P/B Value5.10
OPM9.35 %
EPS₹ 32.6
Debt₹ 31.2 Cr.
Debt to Equity0.12

NDR Auto Components Ltd Shareholding Pattern

Promoters Holding
Mar 202373.95%
June 202373.95%
Sept 202373.06%
Dec 202373.06%
Mar 202473.06%
FII Holding
Mar 20230.00%
Jun 20230.00%
Sep 20230.01%
Dec 20230.01%
Mar 20240.00%
DII Holding
Mar 20230.00%
Jun 20230.00%
Sep 20230.00%
Dec 20230.00%
Mar 20240.00%
Hot Stocks Alert Join
Public Holding
Mar 202326.06%
Jun 202326.05%
Sep 202326.93%
Dec 202326.95%
Mar 202426.95%

NDR Auto Components Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 97 Cr
2021₹ 114 Cr
2022₹ 233 Cr
2023₹ 393 Cr
2024₹ 602 Cr

Last 5 Years’ Net Profit:

2020₹ 7 Cr
2021₹ 9 Cr
2022₹ 15 Cr
2023₹ 28 Cr
2024₹ 39 Cr

Conclusion

This article provides a detail guide about NDR Auto Components Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

If you’re new to our site and want to be updated on the latest market information, you can join us on the Telegram Group(Link below).

If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here