52w high/low | ₹72.8 / ₹47.1 |
P/E ratio | 22.64 |
Dividend | 1.82 |
ROE | 11.57 |
ROCE | 14.29 |
Face value | 2 |
Book value | ₹41.87Cr |
Market capital | ₹1,098Cr |
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Munjal auto is a Fast-growing and Forward-looking 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 State-owned Gujarat Industries Investment Corporation, this manufacturing division of the group caters the need of sophisticated markets like US, Germany, France, UK and Australia. 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 its plant located at Waghodia at Vadodara District of Gujarat and at Binola at Gurgaon District of Haryana. Initially the Company was concentrating on manufacturing and exporting Bicycles.