Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

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

Majestic Auto consolidated net profit rises 23.97% in the December 2020 quarter

Majestic Auto Consolidated March 2020 Net Sales At Rs 17.01 Crore, Down 66.74% Y-o-Y

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

Majestic Auto Ltd

Majestic Auto Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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 shareholders reject re-appointment of Aashim Munjal as director

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

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

Pawan Munjal

Majestic Auto Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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 shareholders reject re-appointment of Aashim Munjal as director

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

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

Pawan Munjal

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock