Support and Resistance Levels
Past performance
About Maharashtra Scooters Ltd Maharashtra Scooters, established in 1975 and headquartered in Pune, India, originally produced Priya scooters in collaboration with Western Maharashtra Development Corporation and Bajaj Auto. Over the years, the company shifted its focus from scooter production to manufacturing die casting dies, jigs, and fixtures, primarily serving the automotive industry.
Significant developments include the expansion of its Satara plant's capacity in the 1980s and the installation of an eco-friendly Pre-treatment-cum-Cathodic Electro Deposition Plant in 1998-99. The company achieved ISO 9002 and ISO 14001 certifications in 1999-2000 and ISO 9001/2000 in 2004-05, affirming its commitment to quality management. In 2019, Bajaj Holdings and Investment Ltd. acquired a 51% stake, making Maharashtra Scooters its subsidiary. As of 2022-23, the company's core business remains the production of die casting components for the automotive sector.