I agree with most of the comments but I feel it might be good from a long term perspective with good fundamentals. It is a major supplier in the original equipment market with its clientele including auto majors such as Tata Motors, Ashok Leyland, Eicher, Mahindra and Mahindra...
Their quarterly and YoY results look good fundamentally..but as experts have mentioned, wait for a momentum to creep in and then take a call.
Thanks,
Kool