Maharashtra Scooters Ltd

Maharashtra Scooters Ltd (MAHSCOOTER)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-10.28 %
3 Month Return-4.62 %
1 Year Return-0.15 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 241
Rank 254
Rank 295
Dividend Yield
Rank 73
Rank 419
Price To Book Ratio
Rank 194
Debt To Asset
Rank 295

Company Information

The makers of Priya scooters Maharashtra Scooters was jointly promoted by Western Maharashtra Development Corporation and Bajaj Auto. The company was incorporated at Pune in June 11 1975 and it came out with its first public issue in Nov.77.The company at the time of inception entered into a technical knowhow agreement with Bajaj Auto the tenure of which was specified as 10 years from the date of commencement of commercial production or till the company achieved a total production of 3 lac scooterswhichever is later.Commercial production at its Satara plant commenced in Aug.76. Under the scheme of reendorsement of industrial capacity with reference to minimum economic scales of operation announced by the government the company expanded the installed capacity of motorized twowheelers 350 cc engine capacity during 198586. Further expansions have increased the installed capacity to 1.5 lac numbers in 199697. During 199899 the company installed a PretreatmentcumCathodic Electro Deposition Plant the plant is ecofriendly plant is expected to give boost to the product quality. In 19992000 the company was awarded ISO 9002 and ISO 14001 from Bureau Veritas Quality International BVQI.In the year 200405 the company was awarded recertification of QMS as per ISO 9001/2000.
OrganisationMaharashtra Scooters Ltd