MAHSCOOTER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | MAHSCOOTER | Market Cap | 14,561 Cr. | Current Price | 12,743 ₹ | High / Low | 18,538 ₹ |
| Stock P/E | 46.9 | Book Value | 28,887 ₹ | Dividend Yield | 1.25 % | ROCE | 0.59 % |
| ROE | 0.61 % | Face Value | 10.0 ₹ | DMA 50 | 13,392 ₹ | DMA 200 | 13,799 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | 0.02 % | PAT Qtr | 4.12 Cr. | PAT Prev Qtr | 267 Cr. |
| RSI | 41.2 | MACD | -267 | Volume | 6,617 | Avg Vol 1Wk | 4,494 |
| Low price | 9,225 ₹ | High price | 18,538 ₹ | PEG Ratio | 6.64 | Debt to equity | 0.00 |
| 52w Index | 37.8 % | Qtr Profit Var | 24.8 % | EPS | 313 ₹ | Industry PE | 24.7 |
📊 Chart & Trend: MahScooter trades at ₹12,743, below both its 50 DMA (₹13,392) and 200 DMA (₹13,799). This indicates short-term and medium-term weakness, with the stock struggling to regain momentum after recent declines.
📉 Momentum Indicators: RSI at 41.2 shows the stock is approaching oversold territory, suggesting possible support but no strong reversal yet. MACD at -267 confirms bearish momentum. Bollinger Bands suggest price is near the lower band, with support around ₹12,500–₹12,700.
📈 Volume Trends: Current volume (6,617) is higher than the 1-week average (4,494), indicating increased activity, likely driven by selling pressure.
🔑 Entry Zone: ₹12,500–₹12,700 (near support and oversold RSI levels).
🚪 Exit Zone: ₹13,300–₹13,500 (near resistance and 50 DMA).
📌 Trend Status: The stock is in consolidation with bearish bias, showing weakness across moving averages but potential support emerging near ₹12,500.
Positive
- EPS at ₹313 indicates strong earnings power.
- Book value at ₹28,887 shows strong asset backing.
- Dividend yield at 1.25% provides income stability.
- Debt-to-equity ratio at 0.00 reflects zero leverage.
- FII (+0.03%) and DII (+0.02%) holdings increased slightly, showing institutional confidence.
Limitation
- Stock P/E at 46.9 is much higher than industry PE of 24.7.
- ROCE (0.59%) and ROE (0.61%) show extremely weak efficiency.
- PEG ratio at 6.64 suggests expensive valuation relative to growth.
- 52-week index at 37.8% shows moderate underperformance.
Company Negative News
- Sequential PAT dropped sharply (₹267 Cr → ₹4.12 Cr).
- Stock trading below both 50 DMA and 200 DMA, signaling weakness.
Company Positive News
- EPS remains strong despite PAT decline.
- Dividend yield supports investor confidence.
Industry
- Automobile sector PE at 24.7, much lower than MahScooter’s valuation.
- Sector rotation remains cautious, with valuations stretched in premium auto holding companies.
Conclusion
⚖️ MahScooter is consolidating with bearish short-term signals, trading below key averages. Entry near ₹12,500–₹12,700 offers margin of safety, while exits around ₹13,300–₹13,500 provide profit-taking opportunities. Despite strong EPS, book value, and zero debt, weak efficiency ratios and sharp PAT decline limit upside, though dividend yield provides some resilience.
Would you like me to extend this into a peer benchmarking overlay with Bajaj Holdings, Hero MotoCorp, and TVS Motor to highlight MahScooter’s relative strength and valuation within the auto and holding company space?