Investment Buy

Autoline Industries Ltd

 

Over 71% of AIL’s revenue comes from the OEM market of India and nearly 30% from the other auto ancillary segment. AIL’s prod-ucts fits into a range of SUVs, MUVs, LCVs, HCVs and passenger cars besides 2 and 3 wheelers. For the coming 3-4 years, passenger vehi-cle will grow at a CAGR of 6.3% from 2009-2014 according to ACMA.  Read More

 

Indian Bank

 

Indian Bank has displayed a robust loan book growth in the past, with advances expanding by a CAGR of 27.6% from FY05 to FY10 as compared to a systemic CAGR of 24.6% for the same period. Going ahead we expect loan growth to moderate from current levels based on a slowdown in general bank lending to infrastructure, telecom, and microfinance sectors. Read More

 

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