Auto ancillary bets.

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Drpkabbu, Jul 25, 2016.

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  1. Drpkabbu

    Drpkabbu New Member

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    Auto ancillary stocks are buzzing. Any long term bets. View on MRF please?
     
    Drpkabbu, Jul 25, 2016
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  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    MRF is excellent stock but PE is very high and so chance of gains is less in short term period. Better go for small cap stocks like Sundaram Fastener, BANCO, LG Balkrishna and many others are there with high ROE, low debt, good management and track record of performance. :)
     
    Srouta Mukherjee, Jul 25, 2016
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  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Even Oriental Carbon is ancillary stock because they make raw material for tires radial and have monopoly over product in India.
     
    Srouta Mukherjee, Jul 25, 2016
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  4. krish123

    krish123 Member

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    mrf good for long term in auto anciliary autoline axle is good as it is backed by kalyani group
     
    krish123, May 12, 2017
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  5. saashy

    saashy Member

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    Technocraft Is worth having having a look as well
     
    saashy, May 14, 2017
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