MAH. SCOOTERS Plunges by 10%; BSE AUTO Index Down 0.1%

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MAH. SCOOTERS Plunges by 10%; BSE AUTO Index Down 0.1%
Tue, 24 Mar 09:55 AM

MAH. SCOOTERS share price has plunged 10% and is presently trading at Rs 2,240.

Meanwhile, the BSE AUTO Index is at 10,953 (down 0.1%).

Among the top losers in the BSE AUTO Index today is MAH. SCOOTERS (down 10.0%).

EICHER MOTOR (up 2.2%) and CUMMINS INDIA (up 2.0%) are among the top gainers today.

Over the last one year, MAH. SCOOTERS has moved down from Rs 3,343 to Rs 2,240, registering a loss of Rs 1,103 (down 33.0%)..

The BSE AUTO has moved down from 18,589 to 10,953, loss of 7,636 points (down 41.1%) during the last 12 months.

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

Revealed: 3 Stocks for Potentially Massive Gains

What About the Benchmark Indices?

The BSE Sensex is at 27,463 (up 0.8%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 7.6%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 8,037 (up 0.4%). INFOSYS (up 7.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,809 to 27,463, registering a loss of 10,346 points (down 30.76%).

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 172.0x.



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