India, April 30 -- The shares of this small cap company majorly engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers in India and overseas were in focus witnessing some improvements in Europe operations and recovering margins

With the market capitalization of Rs. 18,031 Crores, the shares of CIE Automotive India Ltd were trading at around Rs. 475 per share which is 10 percent discount from its 52 weeks high of Rs. 526 per share and is trading at a P/E of 20.8 where as industry P/E stands at 27.2

Steady Growth Across Key Metrics CIE Automotive India reported revenue of Rs. 2,612 crore, marking a growth of 15 percent year-on-year and 9 percent quarter-on-quarter....