Jamna Auto Share: One lakh became five lakhs in two years

Jamna Auto Share: Available in the Indian market, Jamna Auto Industries Limited is a leading name in manufacturing powerful components for vehicle transmission systems. Its main production focuses on suspension systems and suspension systems for trucks, buses, and tractors. Jamna Auto was established in 1954, and is currently one of India’s leading independent private companies.

Who does not want to become rich by investing in the stock market? – If you also want to earn from shares, then we are telling you about the shares of Jamna Auto Industries Limited, an auto component manufacturing company. Since hitting its lowest level in March 2020, shares of Jamna Auto have turned Rs 1,00,000 to Rs 5,00,000.

In case of Jamna Auto stock, it could be a good option due to its strong presence in the market. Considering the growth and development of its stock, it could be an interesting option for investors who are looking to invest in the vehicle transfer sector. Market stability and growth in demand for the company’s products can further increase its profits.

Table of Contents

• Company Overview
• Technical Analysis for Jamna Auto Share
• Financial Analysis for Jamna Auto Share
• Share Overview And Shareholding Pattern
• Some important points for investor and Traders
• Jamna Auto Net Profit, Debt to Equity & Revenue Chart
• Stock Pros, Cons & Dividend History
• Stock Future Return Target
• Team Conclusion
• FAQs

Company Overview

Jamna Auto Industries Ltd., incorporated in the year 1954, is a Small Cap company (Market Cap – Rs 4953 Crore) operating in Auto Accessories sector. For the quarter ending 31-03-2024, the company reported Consolidated Sales of – Rs 640.71 Crore, up 5.90 % from last quarter Sales of Rs 605.03 Crore, and up .68 % from last year same quarter Sales of Rs 636.38 Crore. From Crore The company reported net profit after tax of Rs 54.77 crore in the latest quarter.

Technical Analysis for Jamna Auto Share

The relative strength index of Jamna Auto is 73.1. If we talk in terms of RSI, then being above 70 indicates that a stock is in the overbought category. This indicates that some weakness may be seen in the shares. Experts advise that in case of weakness, investors can buy shares of Jamna Auto.

Technically, when we analyze its charts, we see that its key breakout levels and support levels are clear. At this point, when the price has responded from its support zone, it is a sign that the share price is likely to rise.

On the monthly chart, with appropriate use of the Stochastic indicator and the MSD (Moving Average Convergence Divergence) indicator, we can see that the stock is currently projecting a bullish momentum with increasing volumes. By using technical indicators, a long-term excellent trend can be seen, which is satisfactory for investors.

Financial Analysis for Jamna Auto Share

While analyzing the financials of Jamna Auto share, it is important to highlight its financial position. Jamna Auto is an Indian company that manufactures automotive steering systems and other automotive components.

As per its financial position, Jamna Auto has grown its earnings well. Its interest and other income sources have increased over the years, improving its market position. Jamna Auto’s financial health is stable, as per its dividend and investor expectations rating. Its cash and investment positions are also good, reflecting its balanced financial policy.

However, it is necessary to further analyse Jamna Auto’s financial processes to determine the market situation and other financial competition guiding conditions.

Share Overview And Shareholding Pattern

Some important points for investor and Traders

Firstly, assess the financial health of the company. Look into key financial indicators such as revenue growth, profitability, debt levels, and cash flow. Understanding these metrics can provide insights into the company’s stability and growth prospects.

Secondly, analyze the industry trends and Jamna Auto’s competitive position. Evaluate factors like market demand for commercial vehicles, technological advancements in suspension systems, and the company’s market share compared to competitors.

Thirdly, consider the management team and their track record. A capable management team with a clear strategy for growth and operational efficiency is essential for long-term success.

Lastly, review external factors like economic conditions, regulatory changes, and geopolitical risks that could impact Jamna Auto’s business.

Jamna Auto Net Profit, Debt to Equity & Revenue Chart

Stock Pros, Cons & Dividend History

Stock Future Return Target

Now you will see the share return target in coming few years and it depend on market condition not a fix target.

Team Conclusion for Jamna Auto Share

Jamna Auto Industries, a prominent performer in the automotive components sector, has seen varied stock performance based on market conditions and financial health. Analysts often assess the company’s stock target by evaluating its financial stability, growth prospects, and industry trends. For a concise target summary, it’s essential to review recent financial reports, industry developments, and market sentiment. As of the latest analysis, target prices may fluctuate; therefore, consulting up-to-date market data and expert reviews is crucial for accurate investment decisions.

We are not a financial advisor registered by SEBI, hence before investing in Jamna Auto, please think once and invest as per your own risk. The stock market is full of risks in which your entire capital can become zero. You must consult your financial advisor before investing.

FAQs