Case study

MUNJALAU

Munjal Auto Industries Limited

Tread carefully1y model -1.0%

Each stock's 10,000-path forecast, rendered as light.

34Score

Munjal Auto Industries Limited (MUNJALAU) Stock Analysis & Case Study

Is MUNJALAU a good buy? The data-driven verdict.

Munjal Auto Industries Limited (MUNJALAU) trades at ₹102,on the numbers it tread carefully, a Downstox Snapshot Score of 34/100.

On the numbers, Munjal Auto Industries Limited (MUNJALAU) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 29.0× earnings, ROE of 8.2%, a 49% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

MUNJALAU fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1,025 Cr
Current price
₹102
P/E ratio
29.0×
P/B ratio
2.28×
Book value
₹45
Dividend yield
0.98%
ROCE
11.1%
ROE
8.2%
Piotroski F-Score
6/8

How MUNJALAU ranks against the 2,373 companies in our screener

Is MUNJALAU overvalued? MUNJALAU P/E vs peers

MUNJALAU trades at 29.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

MUNJALAU share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of MUNJALAU history (9%/yr drift, 47%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
MUNJALAU 2027₹56₹101₹184-1%
MUNJALAU 2028₹43₹100₹234-2%
MUNJALAU 2029₹35₹99₹284-3%
MUNJALAU 2030₹30₹98₹324-4%
MUNJALAU 2031₹25₹97₹379-5%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability MUNJALAU goes up, or doubles?

49%
Higher in 1 year
Modelled chance the price is above today in 12 months
48%
Higher in 5 years
Modelled chance the price is above today in 5 years
24%
Doubles in 5 years
Modelled chance of reaching ₹205 within 5 years

The bull case for MUNJALAU

  • Munjal Auto Industries Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹284.

The bear case & risks

  • MUNJALAU's P/E of 29.0x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • MUNJALAU's return on equity of 8.2% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹35.

MUNJALAU volatility & expected range, how bumpy is the ride?

Over the last 9.8 years MUNJALAU compounded at 9%/year with annualized volatility of 47%. That volatility implies a 1-year 80% range of ₹56-₹184, the honest backbone behind any single price target.

MUNJALAU price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.0%
80% range₹56-₹184
P(price ↑)49%
P(price 2×)7%
3-Year Forecast
2029
₹0
Median (P50)
3.1%
80% range₹35-₹284
P(price ↑)48%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
5.1%
80% range₹25-₹379
P(price ↑)48%
P(price 2×)24%

MUNJALAU price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
MUNJALAU simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds MUNJALAU hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the MUNJALAU price target & forecast page.

MUNJALAU Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. MUNJALAU scores 6/8, mixed financial health.

MUNJALAU MTF margin & leverage across 8 brokers

Margin Trading Facility lets you buy MUNJALAU with part of the capital. Lower margin % = higher leverage. Rates compared across 8 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Zerodha50.00%2.0×
Groww36.47%2.7×
Dhan50.00%2.0×
Kotak Neo100.00%1.0×
Paytm Money36.64%2.7×
Pocketful50.00%2.0×
Anand RathiCHEAPEST36.26%2.8×
Share India36.45%2.7×

Compare every broker on the MUNJALAU MTF page.

About Munjal Auto Industries Limited: sector, index & market-cap context

Munjal Auto Industries Limited (MUNJALAU) is a small-cap NSE-listed company, with a market capitalisation of ₹1,025 Cr. See more stocks on our screener.

How the MUNJALAU Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Munjal Auto Industries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

MUNJALAU analysis, FAQs

Is Munjal Auto Industries Limited (MUNJALAU) a good buy?

On the numbers, Munjal Auto Industries Limited (MUNJALAU) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 29.0× earnings, ROE of 8.2%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is MUNJALAU overvalued or undervalued?

MUNJALAU trades at 29.0× earnings, premium versus the ~22× long-run Nifty average.

What is the MUNJALAU share price target for 2031?

MUNJALAU's probability-weighted 2031 median target is ₹97, with an 80% range of ₹25-₹379 (10,000-path Monte-Carlo).

What is the probability MUNJALAU doubles in 5 years?

The modelled probability of MUNJALAU reaching ₹205 (2×) within 5 years is 24%.

What is the bull case for MUNJALAU?

Munjal Auto Industries Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in MUNJALAU?

MUNJALAU's P/E of 29.0x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MUNJALAU's return on equity of 8.2% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

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