InvestorQ : what's your view on Yukenindia?
himanshu Sharma made post

what's your view on Yukenindia?

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Aashna Tripathi answered.
2 years ago
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Yuken is a BSE listed stock and is not available on the NSE for trading. The stock is fairly thinly traded. If you look at the latest quarterly performance of the company, the net sales have fallen by 27% while the net profits have fallen by 43%. That is not great news for the stock.

Also the company is an auto ancillary company which faces pressure demand due to weakness in the auto sector demand across India. While valuations look reasonable there has been a clear deterioration in performance and that is likely to take away the attractiveness of the P/E. It is best to avoid the stock.

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