Majestic Auto Standalone December 2022 Net Sales at Rs 5.07 crore, up 10.96% Y-o-Y

Majestic Auto consolidated net profit declines 41.90% in the September 2022 quarter

Majestic Auto Consolidated March 2022 Net Sales at Rs 11.59 crore, down 13.04% Y-o-Y

Majestic Auto Standalone December 2021 Net Sales at Rs 4.57 crore, down 7.11% Y-o-Y

Majestic Auto had sought nod from the shareholders at its AGM held on November 29, 2021

Majestic shareholders reject re-appointment of Aashim Munjal as director

Majestic Auto had sought nod from the shareholders at its AGM held on November 29, 2021 for her reappointment with effect from October 1, 2021 for a period of five years till September 30, 2026, without remuneration.

Majestic Auto shareholders reject re-appointment of Aashima Munjal as director, JMD

Majestic Auto consolidated net profit rises 8.19% in the September 2021 quarter

Majestic Auto consolidated net profit declines 81.76% in the June 2021 quarter

The company may file its objections/reply, if any, within 14 days, Sebi said while passing the interim order.

Sebi asks Majestic Auto to keep appointment of 3 directors in abeyance

Pawan Munjal’s Assets: Stake in Hero MotoCorp Limited Pawan Munjal’s Journey so far ... Pawan Munjal was 24 when he joined Majestic Auto -- the first motorised two-wheeler business of Hero Group -- in 1979 In 1984, Hero collaborated with the Japanese automobile manufacturer Honda to form…

Pawan Munjal

Majestic Auto Consolidated December 2020 Net Sales At Rs 13.76 Crore, Down 18.72% Y-o-Y

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Majestic Auto Limited is engaged in the business of manufacturing of fine blanking components, electrical motor components and bicycles spokes.