Scooters India Stock Price Analysis and Quick Research Report. Is Scooters India an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Scooters India is performing and if it is the right time to buy the stock of Scooters India with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Scooters India has reported poor sales growth of 0 % and in the latest quarter sales was Rs 0 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 0 times for Scooters India . It is managing its inventory poorly .
   
• Scooters India reported Profit loss of -89.9154342405573 % over the year, where the latest year profit is Rs 0.7644 Cr compared to the previous year of Rs 7.5799 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Scooters India in the latest quarter is Rs -0.293 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Scooters India has a poor ROE of 9.03231142804814 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Scooters India has a high Debt to Equity ratio of 6.443.
   
• Scooters India pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
   
• The share of promoter in Scooters India is high at 93.87 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Scooters India is -30.2500117266288 compared to the 5 year average PE of 67.7903171110637 .
   
• Share Price: - The current share price of Scooters India is Rs 64.49. One can use valuation calculators of ticker to know if Scooters India share price is undervalued or overvalued.