Motherson Sumi Share Price: Motherson Sumi stock price down 0.39 per cent as Sensex climbs

Shares of Systems Ltd. fell 0.39 per cent to Rs 215.85 at 12:33PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 657,062 shares with a turnover of Rs 13.99 crore till 12:33PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 33.8, while the price-to-book value ratio stood at 5.07.

Return on equity (ROE) was at 8.27 per cent, according to exchange data. The stock hit an intraday high of Rs 217.75 and a low of Rs 207.6 during the session and quoted a 52-week high price of Rs 273.0 and a 52-week low of Rs 139.6.



The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.59.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 225.82 on November 29, while the 50-DMA was at Rs 231.33. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 38.23. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2021, promoters held 61.73 per cent stake in the company, while overseas investors held 16.4 per cent and domestic institutional investors had 13.64 per cent.

Source Link