NSE: MUNJALSHOW | BSE: 520043

Strong Performer, Under Radar

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131.47 -3.09 (-2.30%)

31.75% Fall from 52W High

27,471 NSE+BSE Volume

NSE 19 Jun, 2025 3:31 PM (IST)

525.8

Market Cap

Below industry Median

1.3

Beta 1Year

Very High Volatility

Munjal Showa Ltd. share price target and research reports

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

Latest analyst research reports with target prices and PDF download for MUNJALSHOW, BSE:520043 Munjal Showa Ltd.

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Munjal Showa Ltd.

27 Oct 2016

131.47

-2.30%

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 its 30 day SMA of 133.2

Munjal Showa Ltd.

04 Aug 2015

131.47

-2.30%

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 above its 150 day SMA of 131.2

Munjal Showa Ltd.

07 Aug 2014

131.47

-2.30%

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.'s price crossed below 30Day SMA today

Is Munjal Showa Ltd. worth buying?

61 Votes:

Buy 73.77%

Sell 8.2%

Hold 18.03%