Motherson Sumi Share Price: Motherson Sumi shares down 1.6% as Nifty drops

NEW DELHI: Shares of Systems Ltd. traded 1.6 per cent down in Thursday’s trade at 01:15PM (IST). Around 213,543 shares changed hands on the counter.

The counter opened at Rs 245.9 and touched an intraday high and low of Rs 245.9 and Rs 236.25, respectively, in the session so far. Shares of the company of Motherson Sumi Systems Ltd. quoted a 52-week high of Rs 273.0 and a 52-week low of Rs 129.2.

Total market cap of the Motherson Sumi Systems Ltd. stood at Rs 75632.52 crore at the time of writing this report.




Key Financials

The company reported consolidated net sales of Rs 14163.53 crore for the quarter ended 30-Sep-2021, down 13.17 per cent from previous quarter’s Rs 16312.13 crore and down 5.66 per cent from the year-ago quarter’s Rs 15012.49 crore.

The net profit for latest quarter stood at Rs 216.86 crore, down 35.76 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Sep-2021, domestic institutional investors held 10.46 per cent stake in the company, while foreign institutional investors held 16.4 per cent and the promoters 61.73 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 37.47 and a price-to-book ratio of 5.07. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

Source Link