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Maharashtra Scooters Ltd (MAHSCOOTER)

₹9362.650.72%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹9,335.35
    ₹9,425
  • 52 Week's Low

    52 Week's High

    ₹5,421.4
    ₹9,490
1 Month Return+ 19.83 %
3 Month Return+ 23.36 %
1 Year Return+ 65.54 %
Previous Close₹9,295.50
Open₹9,342.00
Volume4,157.00
Upper Circuit-
Lower Circuit-
Market Cap₹10,701.51Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹10,701.51 Cr
P/B Ratio0.3
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Parag Parikh ELSS Tax Saver Fund Direct GrowthParag Parikh ELSS Tax Saver Fund Direct Growth4.47%
Parag Parikh Flexi Cap Direct GrowthParag Parikh Flexi Cap Direct Growth0.1%
HDFC BSE 500 Index Fund Direct GrowthHDFC BSE 500 Index Fund Direct Growth0.03%

Company Information

Priya Scooters Maharashtra Scooters was established in Pune in June 1975 by Western Maharashtra Development Corporation and Bajaj Auto. It released its first public issue in November 1977 and began commercial production in August 1976. The agreement with Bajaj Auto was for 10 years or until a total production of 300,000 scooters, which ever happened first. In 1986 the installed capacity was increased to 350,000 before expanding further to 1.5 million in the 1990s. In 1999, they invested in a Pretreatment-cum-Cathodic Electro Deposition Plant for eco-friendly production. The company was awarded ISO 9001 and 14001 in 2000 before being recertified in 2004. In 2019, WMDC transferred its entire 27 stake in the company to Bajaj Holdings and Investment Ltd, increasing its shareholding and making the company its subsidiary. Currently, the company manufactures components and die casting dies for the automotive industry, in addition to managing surplus funds.

Share Price: ₹9362.65 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹10,701.51Cr as of today
Listing date: 19 Dec, 1994
Chairperson Name: Sanjiv Bajaj
OrganisationMaharashtra Scooters Ltd
Headquarters
IndustryFinance
E-voting on sharesClick here to vote

Key events for Maharashtra Scooters Ltd

  • Maharashtra Scooters Reports FY 2024 Earnings - 29 Jun, 2024

    Maharashtra Scooters reported an EPS of ₹174, up from ₹171 in FY 2023. Revenue increased by 2.7% to ₹2.24b and net income increased by 2.1% to ₹1.99b. The Investments segment contributed 95% of total revenue. Shares are up 7.9% from a week ago.

  • Maharashtra Scooters Ltd's Dividend Payout Ratio Raises Concerns - 26 Jun, 2024

    Maharashtra Scooters Ltd. will pay a dividend of ₹60.00 on July 27th, with a yield of 1.9%. The company's dividend was higher than its profits and made up 94% of cash flows. Assuming the trend continues, the payout ratio could reach 96%, putting pressure on the balance sheet. Overall, it is not considered a good income stock.

  • Maharashtra Scooters Gains on Dividend Announcement and High Volume Trading - 24 Jun, 2024

    Maharashtra Scooters Ltd's stock gained 9.22% to Rs 9,083.00 with high trading volumes. The company announced a final dividend of Rs 60 per share, with the record date set for June 28.

  • Maharashtra Scooters Ltd's High P/E Ratio Justified by Impressive Earnings Growth - 14 Jun, 2024

    Despite Maharashtra Scooters Ltd's high P/E ratio of 47x, investors are confident in the company's earnings growth potential. EPS has grown by an impressive 2,162% over the last three years and recent medium-term earnings trends show it to be more attractive than the broader market's one-year forecast for expansion of 25%. Shareholders are comfortable with the P/E as they believe earnings aren't under threat.

Insights on Maharashtra Scooters Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.39% to 4.43% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, MAHSCOOTER stock has moved up by 20.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 117.0% return, outperforming this stock by 50.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.00% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 370.7% return, outperforming this stock by 219.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 39.50% to 39.47% in Mar 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹29,394.17Cr
↑44.10%
Total Liabilities
₹2,377.44Cr
↑75.36%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹206.02Cr
↓1.32%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51%
0.00
Foreign Institutions
4.43%
0.00
Mutual Funds
2.05%
0.00
Retail Investors
39.47%
0.00
Others
3.05%
0.00

Key Indicators

Earnings and Dividends

  • Maharashtra Scooters Ltd Earnings Results

    Maharashtra Scooters Ltd’s net profit fell -87.8% since last year same period to ₹0.10Cr in the Q4 2023-2024. On a quarterly growth basis, Maharashtra Scooters Ltd has generated -90% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Maharashtra Scooters Ltd Dividends April,2024

    In the quarter ending March 2024, Maharashtra Scooters Ltd has declared dividend of ₹60 - translating a dividend yield of 2.46%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Maharashtra Scooters Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Maharashtra Scooters Ltd (MAHSCOOTER) share price today is ₹9362.65

Maharashtra Scooters Ltd is listed on NSE

Maharashtra Scooters Ltd is listed on BSE

  • Today’s highest price of Maharashtra Scooters Ltd is ₹9425.
  • Today’s lowest price of Maharashtra Scooters Ltd is ₹9335.35.

Today’s traded volume of Maharashtra Scooters Ltd(MAHSCOOTER) is 4,157.00.

Today’s market capitalisation of Maharashtra Scooters Ltd(MAHSCOOTER) is ₹10701.51Cr.

Maharashtra Scooters Ltd(MAHSCOOTERPrice
52 Week High
₹9490
52 Week Low
₹5421.4

Maharashtra Scooters Ltd(MAHSCOOTER) share price is ₹9362.65. It is down -1.34% from its 52 Week High price of ₹9490

Maharashtra Scooters Ltd(MAHSCOOTER) share price is ₹9362.65. It is up 72.70% from its 52 Week Low price of ₹5421.4

Maharashtra Scooters Ltd(MAHSCOOTERReturns
1 Day Returns
67.15%
1 Month Returns
19.83%
3 Month Returns
23.36%
1 Year Returns
65.54%