Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Amtek Auto is currently trading at Rs. 160.60, up by 0.85 points or 0.53% from its previous closing of Rs. 159.75 on the BSE.
The scrip opened at Rs. 160.60 and has touched a high and low of Rs. 160.60 and Rs. 160.60 respectively.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 272.40 on 09-Jun-2014 and a 52 week low of Rs. 129.20 on 24-Mar-2015.
Last one week high and low of the scrip stood at Rs. 162.80 and Rs. 147.00 respectively. The current market cap of the company is Rs. 3,538.00 crore.
The promoters holding in the company stood at 48.98% while Institutions and Non-Institutions held 40.25% and 10.77% respectively.
Amtek Auto has signed a contract to acquire German based REGE Holding GmbH (REGE) through its 100% Singapore based subsidiary Amtek Engineering Solutions. The transaction will provide an enhanced machining platform to integrate with the Amtek Group's global forgings and castings business. The acquisition is expected to close by August 2015.
REGE, through its subsidiaries, will provide machining and assembly of components for both auto and non-auto segments. Its operations are conducted from three state-of-the-art plants, two in Germany and one in Romania. The key products include manufacturing of connecting rods, crankcases, cylinder heads, gear housings and valve body components. The company generates majority of its revenue acting as a tier-1 and single source supplier to leading automotive companies globally.
Amtek Auto manufactures components such as connecting rod assemblies, flywheel ring gears and assembly, steering knuckles, suspension and steering srms, CV joints, crankshaft assemblies and torque links. It is backed by in-house design and development facilities engaged in developing new product and processes.
| Company Name | CMP |
|---|---|
| Electrost Castings | 169.70 |
| AIA Engineering | 3834.75 |
| Kirloskar Ferrous | 716.00 |
| Nelcast | 145.00 |
| Alicon Castalloy | 1284.25 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
