The return on equity (ROE) for the stock stood at 10.39 per cent. Traded volume on the counter stood at 01:49PM shares and turnover at Rs 18.6 crore around that time. The stock of Motherson Sumi Systems Ltd. quoted a 52-week high price of Rs 238.2 and 52-week low prices of Rs 62.1, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 1.59.
Promotor/FII Holding
Promoters held 33.96 per cent stake in the company as of 31-Dec-2020, while FIIs held 16.09 per cent and domestic institutional investors had 10.79 per cent.
Key Financials
The company reported consolidated sales of Rs 17157.63 crore for the quarter ended 31-Dec-2020, up 14.29 per cent from previous quarter’s Rs 15012.49 crore and up 13.84 per cent from the year-ago quarter’s Rs 15071.79 crore. Net profit after tax for the latest quarter stood at Rs 798.38 crore, up 195.14 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.
It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
