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Scooters India trades in green on the bourses

24 Feb 2012 Evaluate

Scooters India is currently trading at Rs. 33.50, up by 0.30 points or 0.90% from its previous closing of Rs. 33.20 on the BSE.

The scrip opened at Rs. 33.50 and has touched a high and low of Rs. 33.50 and Rs. 33.50 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 53.85 on 30-May-2011 and a 52 week low of Rs. 27.95 on 23-Dec-2011.

Last one week high and low of the scrip stood at Rs. 36.00 and Rs. 32.50 respectively. The current market cap of the company is Rs. 144.02 crore.

The promoters holding in the company stood at 95.38% while Institutions and Non-Institutions held 0.06% and 4.56% respectively. 

Scooters India has reported results for third quarter ended December 31, 2011.

Scooters India has reported net loss of Rs 4.93 crore for the quarter ended December 31, 2011, against net loss of Rs 5.56 crore for the corresponding period last fiscal.  However total income increased by 47.21% at Rs 54.97crore during the quarter under review from Rs 37.34 crore in the year-ago period.

Scooters India is a Lucknow-based automobile firm that designs, develops, produces and sells a range of three-wheelers. It is known for manufacturing the Lambretta scooters, popular in late 1970s and 1980s.

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