The corporate additionally declared a ultimate and particular dividend of Rs 30 per share every for the monetary yr ended March 2025.
Income from operations for the fourth quarter ended March 2025 climbed 28.4% year-on-year to Rs 665 lakh from Rs 518 lakh in the identical quarter final yr.
Shares of Maharashtra Scooters rose almost 3% on Wednesday to Rs 11,766 on the BSE. The inventory has rallied 46% over the previous yr, 22% within the final three months, 14.5% over the previous month, and almost 8% up to now week.
The inventory is presently buying and selling above all eight of its key easy transferring averages, together with the 50-day, 100-day, 150-day, and 200-day ranges. The 14-day Relative Power Index (RSI) stands at 66.2, indicating bullish momentum whereas nonetheless beneath the overbought threshold.
In Q3 FY25, the corporate’s web revenue had surged 230% to Rs 3.30 crore, at the same time as income slipped 9.11% YoY to Rs 5.79 crore. Revenue earlier than tax rose 207.86% to Rs 4.31 crore, aided by a pointy 61.55% drop in complete bills.Maharashtra Scooters manufactures dies, jigs, fixtures, and die casting parts, primarily for the car sector.Additionally learn | HCL Tech jumps 6% as This fall earnings meet expectations: Purchase, promote or maintain?
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