Munjal Showa Ltd. News and Updates

Name: Latest research reports of Munjal Showa Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Munjal Showa Ltd.
Rating: 3
Author: Karvy

Keep track of all breaking news on Munjal Showa Ltd. from all sources in a single place.

Munjal Showa Ltd.

10 Nov 2023

107.76

-1.91%

Munjal Showa Standalone September 2023 Net Sales at Rs 287.26 crore, down 9.21% Y-o-Y

Moneycontrol

Munjal Showa Ltd. has lost -32.06% in the last 6 Months

Munjal Showa Ltd.

10 Feb 2023

107.76

-1.91%

Munjal Showa Standalone December 2022 Net Sales at Rs 307.53 crore, up 15.63% Y-o-Y

Moneycontrol

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Munjal Showa Ltd. has lost -23.63% in the last 3 Months

Munjal Showa Ltd.

15 Nov 2022

107.76

-1.91%

Munjal Showa Standalone September 2022 Net Sales at Rs 316.41 crore, up 5.07% Y-o-Y

Moneycontrol

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Munjal Showa Ltd. has lost -37.93% in the last 1 Year

Munjal Showa Ltd.

04 Aug 2021

107.76

-1.91%

Munjal Showa Standalone June 2021 Net Sales at Rs 196.58 crore, up 117.56% Y-o-Y

Moneycontrol

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Munjal Showa Ltd. has lost -37.93% in the last 1 Year

Munjal Showa Ltd.

04 Feb 2021

107.76

-1.91%

Munjal Showa Standalone December 2020 Net Sales at Rs 348.38 crore, up 16.88% Y-o-Y

Moneycontrol

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Munjal Showa Ltd. has lost -32.06% in the last 6 Months

Munjal Showa Ltd.

20 Jul 2020

107.76

-1.91%

Buy Munjal Showa; target of Rs 130: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Munjal Showa recommended buy rating on the stock with a target price of Rs 130 in its research report dated July 13, 2020.

Munjal Showa Ltd. has lost -23.63% in the last 3 Months

Munjal Showa Ltd.

30 Jun 2020

107.76

-1.91%

Munjal Showa likely to see some financial impact of lockdown, to settle all liabilities in-house

Business Line

The company also does not foresee significant impact concerning its existing contracts and agreements.

Munjal Showa Ltd. has lost -37.93% in the last 1 Year

Munjal Showa Ltd.

27 Oct 2016

107.76

-1.91%

Munjal Showa Ltd: To Pace With 2-wheeler Segment Growth (Oct 27, 2016)

Hold: Munjal Showa Ltd.

Recommendation Target

Karvy

To Pace With 2-wheeler Segment Growth: Improvement in operating margins: Munjal Showa posted marginal 1.0% QoQ revenue growth in Q2FY17 at Rs. 3893 Mn and 5.5% YoY growth. EBITDA margins improved by 131bps QoQ which stood at 8.1% in Q2FY17 as compared to 6.8% and 7.8% in Q1FY17 and Q2FY16 respectively driven by reduction in raw material costs by 100bps and other operating expenses by ~ 80bps leading PAT margins toexpand by 88bps QoQ and 58bps YoY during Q2FY17. H1FY17 revenues slightly improved by 1.9% at Rs. 7746 Mn YoY while EBITDA and PAT declined by 3.8% and 0.7% respectively.

Munjal Showa Ltd. has lost -23.63% in the last 3 Months

Munjal Showa Ltd.

04 Aug 2015

107.76

-1.91%

Munjal Showa Ltd: Scope for Better Growth (Aug 04, 2015)

Buy: Munjal Showa Ltd.

Karvy

Abstract: The performance of Munjal Showa Ltd (MSL) is fundamentally basedon the performance of Hero MotoCorp (HMCL) as it forms their primary client base where a significant portion of their revenue is drawn from here. Considering Hero's growth trend to be the back bone, the variables used for revenue estimations are a function of the number of shock absorbers sold and per unit realization.

Munjal Showa Ltd. has lost -32.06% in the last 6 Months

Munjal Showa Ltd.

07 Aug 2014

107.76

-1.91%

Munjal Showa Ltd.(MSL)

Buy: Munjal Showa Ltd.

Ajcon Global

collaboration with Showa Corporation of Japan, the pioneering global leaders in the manufacture of shock absorbers, Munjal Showa Limited is a member of Hero Group, a US $1.3 billion manufacturing conglomerate, with a 45-year history. Munjal Showa Limited in its joint venture with Showa Corporation (holding 26 percent stake in the Company), designs and manufacturers shock absorbers and struts for leading two-wheelers and fourwheelers. MSL's manufacturing plant is spread over an...

Munjal Showa Ltd. is trading below all available SMAs

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Is Munjal Showa Ltd. worth buying?

61 Votes:

Buy 73.77%

Sell 8.2%

Hold 18.03%

New 52W Low in past week

Munjal Showa Ltd. News and Updates

Keep track of all breaking news on Munjal Showa Ltd. from all sources in a single place.