Motherson Sumi share price: Buy Motherson Sumi Systems, target price Rs 300: Emkay Global

Emkay Global has buy call on Systems with a target price of Rs 300. The current market price of Motherson Sumi Systems is Rs 225.8.

Time period given by analyst is one year when Motherson Sumi Systems Ltd. price can reach defined target.

Motherson Sumi Systems Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 71021.94 Crore) operating in Auto Ancillaries sector.

Motherson Sumi Systems Ltd. key Products/Revenue Segments include Auto Electricals, Sale of services, Traded Goods, Scrap, Other Operating Revenue, Export Incentives and Job Work for the year ending 31-Mar-2021.

Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 16312.13 Crore, down -4.23 % from last quarter Total Income of Rs 17033.46 Crore and up 90.74 % from last year same quarter Total Income of Rs 8551.95 Crore. Company reported net profit after tax of Rs 426.32 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 61.7 per cent stake in the company as of June 30, 2020, while FIIs held 17.1 per cent, DIIs 12.8 per cent and public and others 8.4 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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