Munjal Showa Ltd (MUNJALSHOW)

₹168.35▲1.6%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Munjal Showa Ltd share Performance

₹166.05
₹169.5
₹168.35
1.37%
Low
Day's Volatility:2.05%
High
0.68%
₹95.5
₹211.9
₹168.35
43.27%
Low
52 Weeks Volatility:69.14%
High
25.87%

Returns %
1 Month Return	+ 2.76 %
3 Month Return	-10.6 %
1 Year Return	+ 72.42 %

Market Stats
Previous Close	₹₹165.70
Open	₹₹167.00
Volume	₹88.91K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹662.72Cr

Company Information

Munjal Showa, a member of the Hero Group, is a pioneer in the shock absorber industry since 1987. Having collaborated with the Japanese Showa Corporation, Munjal Showa has a 26% equity stake. They design and manufacture shock absorbers for leading two- and four-wheeled vehicles, for companies like Maruti Suzuki, Honda, Hero Honda, Kawasaki Bajaj, Kinetics etc. Their 24075 sq. mt. Gurgaon plant conforms to QS 9000, ISO 14001 and ISO 9001 standards of safety, comfort and quality. Having established a strong base in the auto ancillary market, Munjal Showa have launched several new products like Front and Rear dampers, Struts, Window balancers, Front Forks, Rear Cushions, Gas Charged Front and Rear Struts, etc. between 1997-2006 and expanded their capacity from 72,72,00 Nos to 15,60,00 Nos. The company also has plans for a capital expenditure of Rs. 40 crores in its two plants in 200506.

Share Price: ₹168.35 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹662.72Cr as of today
Listing date: 07 Jul, 1995
Chairperson Name: Yogesh Chander Munjal

Organisation	Munjal Showa Ltd
Headquarters
Industry	Auto Ancillaries
E-voting on shares	Click here to vote

Key events for Munjal Showa Ltd

Munjal Showa's EPS Grows by 149% - 12 Mar, 2024
Despite Munjal Showa's share price gain of 86% not keeping pace with its EPS growth, the company has a TSR of 93% for the last year largely due to dividend payments. This could present an opportunity for investors.

Fundamentals of Munjal Showa Ltd

Insights on Munjal Showa Ltd

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

POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 33.68% to 33.70% in Mar 2024 quarter
POSITIVE IMPACT
Price Rise
In the last 7 days, MUNJALSHOW stock has moved up by 5.8%
NO EFFECT
Against Peers
In the last 1 year, Cummins India Ltd has given 123.3% return, outperforming this stock by 50.9%
NO EFFECT
FII Holding Unchanged
Foreign Institutions holdings remained unchanged at 1.27% of holdings in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 65.02% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 357.0% return, outperforming this stock by 335.0%
NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.01% to 0.01% in Mar 2024 quarter