Recommendation Price (135-145) Recommendation date (28 April 2015) 

Jay Bharat Maruti Ltd— This company is engaged in the manufacturing of auto mobiles components. The company was incorporated in 1987 and is based in Delhi. JBM Group is primarily a tier- 1 supplier to the automotive industry and caters services to esteemed clients that include Ashok Leyland, Bajaj Auto Ltd, Fiat, Ford, General Motors Corporation, Honda, Hero, JCB, Mahindra, Maruti Suzuki, Renault, Nissan, TATA, Toyota, TVS, Volvo-Eicher and Volkswagen.

JBM is a ISO(ISO/TS 16949(Quality Management System) certified company. They are more focused in delivering  quality products.

This quarter net profit is 100 million against a loss reported corresponding quarter previous year
JBM has recommended a dividend of Rs. 2/- for  year ending 2014
EPS of this stock is expected to increase to 18, 22 and 23 in the next 3 years.
JBM has a fantastic portfolio of following products in the field of auto mobiles:
Sheet metal components
Axles painting and plating
Fuel neck fillers
sheet metal components, welded assemblies, exhaust systems, fuel fillers and chassis and suspension parts at Gurgaon, Manesar and Bawal. Jay Bharat Maruti’s product range includes Axles,Body in White, Skin Panels, Dies, Jigs & Fixtures, Exhaust Systems, Fuel Fillers, Chassis and Suspension Parts and Assemblies
At CMP of 140/- we recommend a strong BUY with a target of 175/- in next 3 to 5 months. This is a fundamentally good stock and can be kept for long term as well.