Maharashtra scooter , A well known brand of Geared scooter in early days. I think every body has a childhood memory attached to it's scooter. Now from a well known established scooter manufacturer to a holding company the journey is very different from usual.
Some interesting fact about Maharashtra scooter, that I found reading it's fundamental
Market Cap : 4,204 Cr (opp.. That is not so great finding ✏️✏️✏️)
Book Value of Company : 22702 Cr (That is interesting)
Story is not over yet , wait
👇🏻👇🏻
Maharashtra scooter is holding
1) Bajaj Finance Ltd
Number of shares : 18974660
Holding Percentage : 3.13 %
CMP : 5519
Current Value : 10472.11 Cr.
2) Bajaj Holding & Investment Ltd.
Number of shares : 3387036
Holding Percentage : 3.04%
CMP : 4640
Current Value :1571.58
3) Bajaj Auto Ltd.
Number of shares : 6964277
Holding Percentage : 2.41%
CMP : 3607
Current Value :2512.01Cr
These three stocks announced dividends recently where ex date was 30 June , Dividend of 20 , 25 , 140 per share Respectively.
If I multiply and calculate the dividend earning of Maharashtra scooter that it stands at 143.92 Cr.
When I checked it's shareholding than I found more interesting things
1) All these companies are Bajaj Group Companies where Chairman is Mr. Sanjeev Bajaj .
2) Bajaj Holding has 51% stake in Maharashtra scooter and Maharashtra scooter has 3.04% stake in Bajaj Holding.
3) Company's ( FY 21-22)
Sales : 17Cr while
Expense : -20 Cr
But,
EBITA : +174CR
Comment below Why this is happening ,
Note I gave enough Hints.
Some interesting fact about Maharashtra scooter, that I found reading it's fundamental
Market Cap : 4,204 Cr (opp.. That is not so great finding ✏️✏️✏️)
Book Value of Company : 22702 Cr (That is interesting)
Story is not over yet , wait
👇🏻👇🏻
Maharashtra scooter is holding
1) Bajaj Finance Ltd
Number of shares : 18974660
Holding Percentage : 3.13 %
CMP : 5519
Current Value : 10472.11 Cr.
2) Bajaj Holding & Investment Ltd.
Number of shares : 3387036
Holding Percentage : 3.04%
CMP : 4640
Current Value :1571.58
3) Bajaj Auto Ltd.
Number of shares : 6964277
Holding Percentage : 2.41%
CMP : 3607
Current Value :2512.01Cr
These three stocks announced dividends recently where ex date was 30 June , Dividend of 20 , 25 , 140 per share Respectively.
If I multiply and calculate the dividend earning of Maharashtra scooter that it stands at 143.92 Cr.
When I checked it's shareholding than I found more interesting things
1) All these companies are Bajaj Group Companies where Chairman is Mr. Sanjeev Bajaj .
2) Bajaj Holding has 51% stake in Maharashtra scooter and Maharashtra scooter has 3.04% stake in Bajaj Holding.
3) Company's ( FY 21-22)
Sales : 17Cr while
Expense : -20 Cr
But,
EBITA : +174CR
Comment below Why this is happening ,
Note I gave enough Hints.
Nota
In Last 10 Years It gave around 1000% returns.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.