Scooters India Ltd share Price Today

Scooters India Ltd is a public sector undertaking. The company principally engaged in the business of manufacturing and sale of motor vehicles and spare-parts (Automobile). They design, develop, manufacture and market a range of conventional and non-conventional fuel driven three-wheelers. They also possess the world right of the trade name LAMBRETTA/ LAMBRO. The company has been a pioneer in bringing out various models of 3-wheelers running on diesel, electric and CNG for application as both passengers and load carrier versions. They have played an important role in popularizing of 3-wheelers of larger capacities in the country. The company is an ISO 9001:2000 and ISO 14001 Company. The company has their manufacturing facilities located at Lucknow in Uttar Pradesh. They have their own marketing network of Regional Sales Offices all over India, catering to customer`s requirements in the areas of sales and services The company make various types of three wheelers, which includes Vikram 450D, Vikram 410G, Vikram 600G, Vikram 750D, Vikram 750D (WC) and Vikram EV. Vikram 750D and Vikram 450D is used as a passenger carrier, load carrier and delivery van. These products are designed for local transportation. Vikram EV is an electrical three wheeler. Scooters India Ltd was incorporated on September 7, 1992. The company was established for the manufacture of scooters, mopeds, motorcycles and their components. The company bought over plant, machinery, design, drawing, documentation, copyrights etc. lock, stock and barrel from Innocenti of Italy. In the year 1975, company started its commercial production of Scooters under the brand name of Vijai Super for domestic market and Lambretta for overseas market. They added one more wheel to their product range and introduced three wheelers under the brand name of VIKRAM/ LAMBRO. In the year 1997, the company discontinued their two-wheeler production and concentrated only on manufacturing and marketing of 3 wheelers. During the year 2002-03, the company developed a ten seater electric trolley bus. During the year 2003-04, they developed a new starter motor and alternator for Vikram 750-D air cooled three-wheelers for improved lighting and battery charging. During the year 2005-06, the company commissioned a new paint shop in order to facilitate superior paint finished vehicle. During the year 2006-07, the company introduced Vikram CG-1500 model of 3-wheeler in the market. Also, they introduced CNG vehicles (1000CC) during the year 2008-09. During the year 2009-10, the company continued their leadership in passenger carrier (6 1) segment of vehicles and had a share of 83.82%.