Maharashtra scooter

Frnds kindly look into this gem. Mah scooter hold lakhs of shares of Bajaj auto / Bajaj finservce / Bajaj finance. And recently biggest Bulls motilal oswal and raamdeo aggarwal bought this last week...I guess some quick gains possible

 

It is blue chip co with excellent management but it is holding company discount. Why buy holding co when operational co can be bought directly? I have Bajaj Finance in portfolio and very happy with the stock

 

Ys u right. It has no business just have dividends of holding Co. As income. But just think which part v don't know and the seniors Bulls has something more knowledge then us. I just respect their ability to pick stock. I bought little stocks let's see

 

Total shares 11428500out of which hold by promote 5825500 amd rest by big funds and big investors. No body wants to sell there shares so naturally the demand is great for this share. And recent deal by big names is definitely attracts demand.

 

PPFAS mutual fund has a very high holding , don't know why though

 

Mah Scooters has give 31% on one year and 156% for two year. Bajaj Finance has given 81% for one year and 278% for two year. I think better to go for operating co instead of holding co.

 

Already 100rs up in 8days

 

Maharashtra Scooters Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2016, inter alia, has not recommended any additional dividend.