Motherson Sumi shares down 0.53% as Nifty drops

NEW DELHI: Shares of Systems Ltd. traded 0.53 per cent down in Friday’s commerce at 12:01PM (IST). Around 169,766 shares modified palms on the counter.

The counter opened at Rs 217.1 and touched an intraday excessive and low of Rs 219.2 and Rs 215.05, respectively, within the session thus far. Shares of the corporate of Motherson Sumi Systems Ltd. quoted a 52-week excessive of Rs 238.2 and a 52-week low of Rs 57.35.

Total market cap of the Motherson Sumi Systems Ltd. stood at Rs 68448.22 crore on the time of penning this report.

Key Financials

The firm reported consolidated web gross sales of Rs 17157.63 crore for the quarter ended 31-Dec-2020, up 14.29 per cent from earlier quarter’s Rs 15012.49 crore and up 13.84 per cent from the year-ago quarter’s Rs 15071.79 crore.

The web revenue for contemporary quarter stood at Rs 798.38 crore, up 195.14 per cent from the corresponding quarter final yr.

Shareholding sample

As of 31-Dec-2020, home institutional traders held 10.79 per cent stake within the firm, whereas overseas institutional traders held 16.09 per cent and the promoters 61.73 per cent.

Valuation ratio

According to BSE information, the inventory traded at a price-to-earnings a number of of 134.5 and a price-to-book ratio of 1.71. The next P/E ratio exhibits traders are keen to pay a better worth due to higher future progress expectations. Price-to-book worth signifies the inherent worth of an organization and is the measure of the value that traders are able to pay even for no progress within the enterprise.

Motherson Sumi Systems Ltd. belongs to the Auto Ancl – Electrical business.

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