Key Events This Week
Apr 20: Stock opens week at Rs.13,031.45, down 0.52%
Apr 22: Quarterly results reveal flat performance; stock rises 0.57%
Apr 23: Sharp 3.55% decline amid downgrade and margin concerns
Apr 24: Technical downgrade triggers further 2.04% fall; bearish momentum confirmed

Maharashtra Scooters Ltd Faces Bearish Momentum Amid Technical Downgrade
2026-04-24 08:02:26Maharashtra Scooters Ltd (Stock ID: 802538) has experienced a notable shift in its technical momentum, with key indicators signalling a bearish trend. The company’s current price of ₹12,622 marks a decline of 3.55% on the day, reflecting growing investor caution amid deteriorating technical signals and a downgrade in its Mojo Grade from Hold to Sell as of 23 July 2025.
Read full news articleAre Maharashtra Scooters Ltd latest results good or bad?
2026-04-23 19:12:40Maharashtra Scooters Ltd's latest financial results for Q4 FY26 reveal a complex operational landscape marked by significant revenue volatility and high operating margins. The company reported net sales of ₹6.03 crores, which represents a decline of 9.32% year-on-year and a sequential decrease of 6.37% from the previous quarter. This decline is particularly concerning given the substantial drop in revenue from ₹271.02 crores in Q3 FY26, indicating extreme fluctuations in sales performance. Net profit for the quarter stood at ₹4.01 crores, reflecting a substantial year-on-year decrease of 92.23%, although it showed a slight sequential decline of 2.67%. Despite these challenges, the operating margin remained notably high at 82.59%, although this is a reduction from 86.34% in the prior quarter. This high margin suggests that while the company can maintain profitability on a per-unit basis, the overall revenue...
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