Scooters India Share Price

Scooters India Investment Rating

• Master Rating:

• Scooters India has an operating revenue of Rs. 5.00 Cr. on a trailing 12-month basis. An annual revenue growth of 179% is outstanding, Pre-tax margin of 0% needs improvement, ROE of 93% is exceptional. The company has a high debt to equity of 705%, which can be a reason to worry. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 54 which is a POOR score indicating inconsistency in earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 36 indicates it belongs to a strong industry group of Auto Manufacturers and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.