Key Events This Week
13 Apr: Stock opens at Rs.121.05, down 2.85%
15 Apr: Sharp rebound with 3.06% gain to Rs.124.75
16 Apr: Continued upward momentum, closing at Rs.126.60 (+1.48%)
17 Apr: Mojo Grade downgraded to Sell; stock closes at Rs.128.00 (+1.11%)

Munjal Showa Ltd. Downgraded to Sell Amid Mixed Financial and Valuation Signals
2026-04-17 08:12:10Munjal Showa Ltd., a micro-cap player in the Auto Components & Equipments sector, has seen its investment rating upgraded from Hold to Sell, driven primarily by an improvement in its valuation metrics. Despite a modest financial trend and mixed quality indicators, the stock’s attractive valuation and positive technical signals have prompted this reassessment as of 16 April 2026.
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Munjal Showa Ltd: Valuation Shifts Signal Renewed Price Attractiveness Amid Mixed Returns
2026-04-17 08:00:28Munjal Showa Ltd., a micro-cap player in the Auto Components & Equipments sector, has seen its valuation parameters improve from very attractive to attractive, reflecting a notable shift in price attractiveness. Despite a recent downgrade in its Mojo Grade from Hold to Sell, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest a more compelling entry point relative to its historical averages and peer group. This article analyses the valuation changes, compares Munjal Showa’s metrics with industry peers, and examines the stock’s recent market performance against broader benchmarks.
Read full news articleMunjal Showa Ltd Gains 4.01%: Valuation and Technical Upgrades Drive Momentum
2026-04-11 16:00:04
Key Events This Week
6 Apr: Mojo grade upgraded to Hold as technicals improve
10 Apr: Valuation rating shifts to attractive amid sector context
10 Apr: Stock closes at Rs.124.60, up 4.01% for the week

Munjal Showa Ltd: Valuation Shift Enhances Price Attractiveness Amid Sector Dynamics
2026-04-10 08:00:39Munjal Showa Ltd., a micro-cap player in the Auto Components & Equipments sector, has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive rating. This change reflects evolving market perceptions and presents a nuanced picture of the stock’s price attractiveness relative to its historical averages and peer group benchmarks.
Read full news articleWhy is Munjal Showa Ltd. falling/rising?
2026-04-09 01:27:51
Recent Price Movement and Market Context
Munjal Showa’s price increase on 08-Apr follows a five-day consecutive gain streak, during which the stock has appreciated by 10.81%. Despite this short-term momentum, the stock’s one-month return remains negative at -3.58%, underperforming the Sensex’s -1.72% over the same period. Year-to-date, the stock has marginally declined by 0.73%, though this is significantly better than the Sensex’s broader 8.99% fall. Over a longer horizon, Munjal Showa has outpaced the benchmark with an 11.67% gain in the past year and a 33.17% rise over three years, although it lags behind the Sensex’s 55.92% gain over five years.
Intraday Dynamics and Sector Influence
On the day in question, the stock opened with a gap up of ...
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Munjal Showa Ltd. Upgraded to Hold as Technicals Improve and Valuation Remains Attractive
2026-04-07 08:22:05Munjal Showa Ltd., a micro-cap player in the Auto Components & Equipments sector, has seen its investment rating upgraded from Sell to Hold as of 6 April 2026. This change reflects a nuanced improvement across technical indicators, valuation metrics, financial trends, and overall quality assessment, signalling a cautious but positive outlook for investors.
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Munjal Showa Ltd. is Rated Sell by MarketsMOJO
2026-04-03 10:10:37Munjal Showa Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 24 March 2026. However, the analysis and financial metrics presented here reflect the stock's current position as of 03 April 2026, providing investors with the most up-to-date view of the company’s fundamentals, returns, and market standing.
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Munjal Showa Ltd. is Rated Hold by MarketsMOJO
2026-03-23 10:10:45Munjal Showa Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 February 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 23 March 2026, providing investors with the most recent insights into its performance and outlook.
Read full news articleFormat of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
18-Apr-2026 | Source : BSEFormat of Initial Disclosure to be made by an entity identified as a Large Corporate.
| Sr. No. | Particulars | Details |
| 1 | Name of Company | Munjal Showa Ltd |
| 2 | CIN NO. | L34101HR1985PLC020934 |
| 3 | Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) | 0.00 |
| 4 | Highest Credit Rating during the previous FY | A- |
| 4a | Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4) | CRISIL LTD. |
| 5 | Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework | BSE |
Designation: Company Secretary and Compliance Officer
EmailId: cs@munjalshowa.net
Designation: Chief Financial Officer
EmailId: pgupta@munjalshowa.net
Date: 18/04/2026
Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Demand Notice From Income Tax Assessment Unit
13-Apr-2026 | Source : BSEDemand Notice received from the Office of Assessment Unit Income Tax Department Ministry of Finance as enclosed.
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
06-Apr-2026 | Source : BSECertificate under Reg. 74(5) of SEBI (DP) Regulations 2018 as enclosed
Corporate Actions
No Upcoming Board Meetings
Munjal Showa Ltd. has declared 225% dividend, ex-date: 01 Aug 25
Munjal Showa Ltd. has announced 2:10 stock split, ex-date: 16 Oct 06
No Bonus history available
No Rights history available






