Motherson Sumi Share Price: Share price of Motherson Sumi falls as Sensex drops 224.03 points

Share price of Systems Ltd. dropped 0.64 per cent to Rs 233.9 at 12:04PM (IST) in Thursday’s trade. The counter hit a high of Rs 237.45 and low of Rs 233.8 so far during the session. The stock had closed at Rs 235.4 in the previous session.

The counter had a total traded volume of 12:04PM shares so far with a turnover of Rs 4.21 crore on BSE. The stock traded at a price-to-earnings multiple of 71.19 and a price-to-book ratio of 1.71.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

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

Promotor/FII Holding

Promoters held 61.73 per cent stake in the company as of 31-Mar-2021, while overseas investors and domestic institutional investors ownership stood at 16.64 per cent and 13.42 per cent, respectively.

Key Financials

The firm reported consolidated sales of Rs 17033.46 crore for the quarter ended 31-Mar-2021, down 0.72 per cent from the previous quarter’s Rs 17157.63 crore and down 12.25 per cent from the year-ago quarter’s Rs 15174.18 crore.

Its profit for the latest quarter stood at Rs 713.62 crore, up 289.15 per cent from the same quarter a year ago.

Source Link