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MAHARASHTRA SCOOTERS LTD Share Price | Rupeezy

MAHSCOOTER
₹7496 -23.00-0.31 %(in 1 day)
Overview
F&O
News
Open7469
Close7519
High7590
Low7446
Volume3864

MAHSCOOTER Fundamentals

ROCE
0.92
Earning/Share
175
Dividend Yield
1.42
P/E Ratio
24.66
P/B Ratio
0.25
Debt to Equity
0

MAHSCOOTER Financials

6.37 CrDec'23 (Standalone)
QTR
YR
All values in Rs. Cr
Shareholding Pattern
About Company

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 came out with its first public issue in Nov.77. Presently, the Company sells products in India and is engaged in manufacturing dies, jigs, fixtures and die casting components primarily for automobiles industry etc. The company, at the time of inception, entered into a technical know-how 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 scooters,whichever is later.Commercial production at its Satara plant commenced in Aug.76. Under the scheme of re-endorsement of industrial capacity with reference to minimum economic scales of operation announced by the government, the company expanded the installed capacity of motorized two-wheelers (350 cc engine capacity) during 1985-86. Further expansions have increased the installed capacity to 1.5 lac numbers in 1996-97. During 1998-99, the company installed a Pre-treatment-cum-Cathodic Electro Deposition Plant; the plant is eco-friendly plant is expected to give boost to the product quality. In 1999-2000, the company was awarded ISO 9002 and ISO 14001 from Bureau Veritas Quality International (BVQI).In the year 2004-05, the company was awarded re-certification of QMS as per ISO 9001/2000.With the cessation of production of geared scooters, the manufacturing activity of the Company, during the year 2006-07, was limited to the manufacture of pressure die casting dies primarily for two and three-wheeler industry. The Company sold 2,402 finished units of scooters which were in stock as on 1st April, 2006.During the year 2019-20, pursuant to the Order passed by Honble Supreme Court of India on 9 January 2019, Western Maharashtra Development Corporation Ltd. (WMDC), one of the promoters of the Company transferred its entire 27% stake in the Company to Bajaj Holdings and Investment Ltd. (BHIL), the other promoter, on 17 June 2019. Consequent to this transaction, WMDC ceased to be the Promoter of the Company and the shareholding of BHIL increased to 51%. As a result, BHIL became the Holding Company and this Company became its subsidiary.During the year 2022-23, the business operations of the Company continued to be manufacture of die casting dies, fixtures and die casting components, primarily meant for the automobiles industry.
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FAQs on MAHARASHTRA SCOOTERS LTD

Ans: Share price of MAHARASHTRA SCOOTERS LTD is 7496 today.

Ans: MAHARASHTRA SCOOTERS LTD opened at 7469 today.

Ans: MAHARASHTRA SCOOTERS LTD closed at 7519 previous trading day

Ans: Today's High price of MAHARASHTRA SCOOTERS LTD is : 7590 and Today's Low price of MAHARASHTRA SCOOTERS LTD is : 7446

Ans: 52 weeks High price of MAHARASHTRA SCOOTERS LTD is : 8608

Ans: 52 weeks High price of MAHARASHTRA SCOOTERS LTD is : 4450

Ans: P/E ratio of MAHARASHTRA SCOOTERS LTD is : 24.66

Ans: P/B ratio of MAHARASHTRA SCOOTERS LTD is : 0.25

Ans: You can buy/sell MAHARASHTRA SCOOTERS LTD through Rupeezy App or Rupeezy Web