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.
تعليق:
In Last 10 Years It gave around 1000% returns.
