Munjal Auto Industries Ltd

NSE
MUNJALAU •
BUY

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Start SIP in Munjal Auto Industries Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
151.97% Gain from 52W Low
22.3
TTM PE Ratio
High in industry
59.7
Price to Book Ratio
Low in industry
2.3
Dividend yield 1yr %
High in industry
2.2
TTM PEG Ratio
PEG TTM is negative
-0.8
RSI
RSI is mid-range
40
MFI
MFI is mid-range
38.7

Munjal Auto Industries Ltd Key Financials

*All values are in ₹ Cr.

Munjal Auto Industries Ltd shareholding Pattern

Promoter
74.8%
Public
25.2%

Munjal Auto Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
6
Bearish Moving Averages
10
5Day EMA
90.00
10Day EMA
91.50
12Day EMA
92.20
20Day EMA
94.20
26Day EMA
94.70
50Day EMA
92.40
100Day EMA
83.70
200Day EMA
72.50
Delivery & Volume
Resistance & Support
90.17
Pivot
Resistance
First Resistance
91.53
Second Resistance
93.37
Third Resistance
94.73
Support
First Support
88.33
Second support
86.97
Third Support
85.13
Relative Strength Index
40.04
Money Flow Index
38.69
MACD
-2.57
MACD Signal
-1.45
Average True Range
4.90
Average Directional Index
29.43
Rate of Change (21)
-17.56
Rate of Change (125)
42.95

Munjal Auto Industries Ltd Company background

Founded in: 1985
Managing director: Sudhir Munjal
Munjal Auto Industries Ltd, incorporated in July, 1985, is a Fastgrowing and Forwardlooking Hero Honda Group Company manufacturing superior light engineering automotive products. The Hero group promoted Gujarat Cycles Ltd (now Munjal Auto Industries Ltd), as a 100% EOU to meet the radical divergent needs of the international bicycle markets. A Joint Venture with the Stateowned Gujarat Industries Investment Corporation, this manufacturing division of the group caters the need of sophisticated markets like US, Germany, France, UK and Australia.The Company is engaged in manufacturing and selling of Auto components. As at March 31, 2023, Thakur Devi Investments Private Limited, the holding Company owned 74.81% of the Companys equity share capital.Hero Honda Motors Ltd is one of the Major clients of the Company and the Company manufactures Q Class Components namely Mufflers and rims for Hero Honda CD100, CD Dawn, Splendours Models. The Company has successfully developed Muffler converter emission sub assembly launched in the HHML CBZ Models. Now Munjal auto is a leader in providing specialized automotive components involving processes of stampings, electroplating, painting and forging.The Company has plant located at Waghodia in Vadodara District of Gujarat and at Binola at Gurgaon District of Haryana.Initially the Company was concentrating on manufacturing and exporting Bicycles. In the year 1999 the Company changed the focus of its business from Bicycle manufacturing to Auto Components Manufacturing by diversifying in to automotive productsDuring the year 19992000, Auto Components Project(Rims and Mufflers) were successfully completed at the Companies plant located at Waghodia. The First phase of expansion in the new manufacturing facilities at binola (Haryana) was completed during the year. With the completion of first phase of the project the Capacity of Cold Warm Forged Components was 3000000 Sets.During 20002001, the Second phase of the new manufacturing facilities at Binola was completed and the warm/cold forging unit at Binola (Haryana) commissioned from November 2000. With the completion of the above mentioned project and installation of new electroplating plant the capacity of Motorcycle Rims stood increased from 800000 Nos to 960000 Nos and Mufflers stood increased from 600000 Nos to 1320000 Nos.During the year 20012002 Rims capacity was increased from 960000 Nos to 2550000 Nos. and Muffler capacity was also increased from 1320000 Nos to 1800000 Nos. As the Companies networth exceeds its accumulated losses the company is no longer a sick company, which was declared as Sick Company under BIFR in the year 199394. The companies Waghodia unit has carried out an expansion with the addition of one more rim mill with a investment of Rs.17 crore during 20012002.During the year 20042005, the Companies Binola Unit successfully developed gear primary driven components for Hero Honda Ltd during the year. The Unit also planned an aggregated investments of Rs.23.50 crore for the above components and also for expanding the capacity fo existing forging/gear components.During 20052006 , with the companies approval, Binola Unit of the Company was hived off / demerged into separate Company namely, Shivam Autotech Limited w.e.f. August 01, 2005 (the appointed date). Honble High Courts of Gujarat and Delhi sanctioned the Scheme vide their Orders dated March 29, 2006 March 30, 2006 respectively. The shareholders of the Company who held two shares of the company were issued one new share of the Company and one share of Shivam Autotech Limited. The Company also installed a new wheel manufacturing Line for the wheels for Scooters and Passenger Cars. The companies installed capacity of Autorims and Mufflers expanded from 2050000 Nos to 3600000 Nos and from 3300000 Nos to 3750000 Nos respectively. The companies production capacity of Scooter Wheels also stood at 600000 Nos during this period.Haridwar and Bawal factories were made operational during 2010. The Company commissioned its own modern Central Tool Room located at Bawal unit. Also its new plant at Waghodia to make fuel tanks for TATA NANO cars was made fully operational during the year 201112. The fourth unit at Dharuhera in Haryana became operational with an investment outlay of Rs 32 crore in 2014.
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Munjal Auto Industries Ltd FAQs

Munjal Auto Industries Ltd shares are currently priced at 89.7 on NSE and 89.85 on BSE as of 2/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Munjal Auto Industries Ltd [MUNJALAU] share was 113.31. The Munjal Auto Industries Ltd [MUNJALAU] share hit a 1-year low of Rs. 35.6 and a 1-year high of Rs. 115.

The market cap of Munjal Auto Industries Ltd is Rs. 897 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Munjal Auto Industries Ltd is 23.46 as of 2/22/2024 12:00:00 AM.

The PB ratios of Munjal Auto Industries Ltd is 2.28 as of 2/22/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.02% at the end of 2/22/2024 12:00:00 AM.

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