GNA Axels can accelerate from here, watch it grow slowly.GNA Axles Ltd. is engaged in the Business of manufacturing auto components for the four-wheeler industry, primary products being Rear Axles, Shafts, Spindles and other automobile components for sale in domestic and foreign markets.
GNA Axles CMP is 420.90. The Negative aspects of the company are MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs increasing stake, improving annual net profit, improving cash from operations annually, and Promoter holding increasing.
Entry can be taken after closing above 438. Targets in the stock will be 469 and 482. The long-term target in the stock will be 504 and 523. Stop loss in the stock should be maintained at Closing below 388.
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