Friday, September 9, 2011

MUNJAL AUTO LTD.: Largest producer of exhaust systems for two wheelers in the world and meeting captive requirtement of Hero Motots corp. Ltd. and host of many other products is expected to achieve a EPS of Rs. 35-40 for 2011-12 and 40-45 for the year 2012-13. Currently priced at around Rs. 180-185/- is expected to move to Rs.Rs. 230-250/- in next 2-5 months to about Rs. 250-300/- by May'2012. A HERO Group Company.

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