Munjal Showa 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 from all sources in a single place.

Munjal Showa Ltd.

10 Nov 2023

124.31

0.36%

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

Moneycontrol

Munjal Showa Ltd. is trading below all available SMAs

Munjal Showa Ltd.

10 Feb 2023

124.31

0.36%

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

Moneycontrol

NULL

Munjal Showa Ltd. is trading below all available SMAs

Munjal Showa Ltd.

15 Nov 2022

124.31

0.36%

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

Moneycontrol

NULL

Munjal Showa Ltd. is trading below all available SMAs

Munjal Showa Ltd.

04 Aug 2021

124.31

0.36%

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

Moneycontrol

NULL

Munjal Showa Ltd. is trading below all available SMAs

Munjal Showa Ltd.

04 Feb 2021

124.31

0.36%

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

Moneycontrol

NULL

Munjal Showa Ltd. is trading below all available SMAs

Munjal Showa Ltd.

20 Jul 2020

124.31

0.36%

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. is trading below all available SMAs

Munjal Showa Ltd.

30 Jun 2020

124.31

0.36%

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. is trading below all available SMAs

Munjal Showa Ltd.

27 Oct 2016

124.31

0.36%

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. is trading below all available SMAs

Munjal Showa Ltd.

04 Aug 2015

124.31

0.36%

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. is trading below all available SMAs

Munjal Showa Ltd.

07 Aug 2014

124.31

0.36%

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

Is Munjal Showa Ltd. worth buying?

63 Votes:

Buy 74.6%

Sell 7.94%

Hold 17.46%