Menon bearings- Micro cap with Super Duper Fundamentals

Good ROE, ROCE, Div. yield, Promoter holding, Sales and Profit growth. Good sector to be in.
Other please share your view on menon bearings.

 

EQAXScore is 52 out of 100. :
Turnover Rating is 42. :-\
SHP is good.

Price Rating is 27 very poor. : The Price Rating is a measure of how expensive a stock is with respect to its quality.
Promoter Shareholding is 74% great.
average stock.

 

for last 4 years i don't see much sales growth.I find its valuations optimistic which reduces margin of safety so at current price its an avoid.

 

ABC Bearing has also flopped badly. I think the safe players are SKF and FAG precision bearings. These are market leaders.

 

menon bearing makes special type of bearings used in locomotives, they almost have monopoly in it

 

found this article useful for you guys
https://pawealthadvisors.wordpress....-the-indian-bearing-industry-its-key-players/

 

Good report. It is a nice way to play the automobile sector.