MAHSCOOTER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | MAHSCOOTER | Market Cap | 13,993 Cr. | Current Price | 12,244 ₹ | High / Low | 18,538 ₹ |
| Stock P/E | 45.1 | Book Value | 24,180 ₹ | Dividend Yield | 1.80 % | ROCE | 1.06 % |
| ROE | 1.06 % | Face Value | 10.0 ₹ | DMA 50 | 12,802 ₹ | DMA 200 | 13,480 ₹ |
| Chg in FII Hold | 0.09 % | Chg in DII Hold | -0.18 % | PAT Qtr | 4.01 Cr. | PAT Prev Qtr | 4.12 Cr. |
| RSI | 42.5 | MACD | -65.4 | Volume | 3,072 | Avg Vol 1Wk | 2,030 |
| Low price | 10,500 ₹ | High price | 18,538 ₹ | PEG Ratio | 2.69 | Debt to equity | 0.00 |
| 52w Index | 21.7 % | Qtr Profit Var | -0.25 % | EPS | 272 ₹ | Industry PE | 25.5 |
📊 Maharashtra Scooters (MAHSCOOTER) is trading below both its 50 DMA (₹12,802) and 200 DMA (₹13,480), reflecting weak short-term and long-term momentum. RSI at 42.5 indicates bearish sentiment, while MACD (-65.4) confirms strong negative divergence. Bollinger Bands show price near the lower range, suggesting oversold conditions. Current volume (3,072) is slightly above the 1-week average (2,030), but overall participation remains very low.
💡 Optimal Entry: ₹12,000–₹12,150 (near support zone)
🚪 Exit if Holding: Profit-taking zone around ₹12,600–₹12,800; Stop-loss below ₹11,900
📈 Trend Status: Reversing downward with weak momentum
✅ Positive
- Debt-free balance sheet (Debt-to-equity 0.00)
- Dividend yield of 1.80% adds investor appeal
- EPS of ₹272 provides earnings base
- FII holdings increased slightly (+0.09%)
⚠️ Limitation
- Extremely weak ROE and ROCE (1.06%)
- High P/E (45.1 vs industry 25.5)
- Negative MACD and bearish RSI momentum
- Stock trading far below 200 DMA
📉 Company Negative News
- Sequential decline in PAT (₹4.12 Cr → ₹4.01 Cr)
- Stock trading far below 52-week high (₹18,538 → ₹12,244)
📈 Company Positive News
- Dividend yield supports investor confidence
- Debt-free structure ensures financial stability
🏭 Industry
- Automobile holding sector average PE is 25.5, lower than MAHSCOOTER’s 45.1
- Industry outlook moderately positive with demand in auto and allied investments
🔎 Conclusion
MAHSCOOTER is showing weak technical momentum, trading below key moving averages with bearish RSI and MACD signals. Entry near ₹12,000–₹12,150 may offer limited upside, while exits around ₹12,600–₹12,800 are advisable. Fundamentals remain weak, so traders should exercise caution and maintain strict stop-loss discipline.