MAH. SCOOTERS Surges by 10%; BSE AUTO Index Up 0.6%

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MAH. SCOOTERS Surges by 10%; BSE AUTO Index Up 0.6%
Fri, 27 Mar 10:28 AM

MAH. SCOOTERS share price has zoomed 10% and is presently trading at Rs 2,332.

Meanwhile, the BSE AUTO Index is at 11,972 (up 0.6%).

Among the top Gainers in the BSE AUTO Index today are MAH. SCOOTERS (up 10.0%) and BOSCH (up 7.4%).

APOLLO TYRES (down 0.1%) and TVS MOTORS (down 0.1%) are among the top losers today.

Over the last one year, MAH. SCOOTERS has moved down from Rs 3,366 to Rs 2,332, registering a loss of Rs 1,034 (down 30.7%).

On the other hand, the BSE AUTO has moved down from 18,698 to 11,972, loss of 6,726 points (down 38.1%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were [param_historic_top3].

BREAKING: Full Details of the #1 Investment of the Decade...

What About the Benchmark Indices?

The BSE Sensex is at 31,126 (up 1.6%).

The top gainers among the BSE Sensex stocks today are AXIS BANK (up 11.2%), INDUSIND BANK (up 9.5%) and SBI (up 6.1%). Other gainers include BAJAJ FINANCE (up 5.3%) and HDFC BANK (up 4.5%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 9,039 (up 3.0%). The top gainers in the NSE Nifty include AXIS BANK (up 14.2%), INDUSIND BANK (up 9.7%) and INDIABULLS HOU. FIN. (up 8.4%). Other gainers include SBI (up 7.4%) and BAJAJ FINANCE (up 6.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,233 to 31,126, registering a loss of 7,107 points (down 20.46%).

MAH. SCOOTERS Financial Update...

MAH. SCOOTERS net profit down at Rs 22 million for the quarter ended September 2000, compared to a loss of Rs 78 million a year ago. Net Sales declined 46.7% to Rs 479.0 million during the period as against Rs 898.0 million in July-September 1999.

For the year ended March 2000, MAH. SCOOTERS reported 46.8% increase in net profit to Rs 251.0 million compared to net profit of Rs 171.0 million during FY99.

Revenue of the company grew 1.1% to Rs 3 billion during FY00.

The current Price to earnings ratio of MAH. SCOOTERS, based on rolling 12 month earnings, stands at 198.9x.



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