Mewadi if you have been following chittorgarh and my comments on PCL U will know I am very bullish on auto ancillary. In case of PCL I had booked a big capital loss last financial year it was tax transaction. My precent holding has a average price of 151 APPROX.
No one can argue against that car demand in India is growing exponentially and PCL will benefit from this demand being market leader in a critically all important part however market will not reward PCL till it produces good quarterly result then average result they have provided till date. I am not sure at what price or how much ur holding if it at issue price I will certainly average at these price .
GNA AXLES again the story is same and issue is also same good quarterly results is the key. At precent I am out of this counter