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JMNA – Jamna Auto Industries Ltd

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Recommendation Rating

2.83

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 1.7

Low: 1.55

High: 1.93

Total Analysts: 6

Company Profile

Jamna Auto Industries Limited is engaged in providing automotive suspension solutions for commercial vehicles. The Company is engaged in the business of manufacturing and selling of parabolic/ tapered leaf spring, air suspension and lift axle. The Company’s products include Suspension Products, including Rear Air Suspension-Cow Horn Style; Lift Axle-Steerable/Non Steerable, and Bogie Suspension-Tandem Axle. The Company’s Rear Air Suspension-Cow Horn Style features include upper v-link for lateral positioning, manageable axle thrust and pinion angle, and is designed to be serviceable using common tools. Its Lift Axle-Steerable/Non Steerable features include auto load sensing system, lift over ride in cab, steer lock system and reverse caster shocks. Its manufacturing plants are located in various areas, including Yamuna Nagar, Haryana; Bhind, Madhya Pradesh; Kharsawan, Jharkhand; Krishnagiri, Tamil Nadu; Pune, Maharashtra, and Sriperumbudur, Tamil Nadu.

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