Motherson Sumi Systems is currently trading at Rs. 308.50, up by 4.25 points or 1.40% from its previous closing of Rs. 304.25 on the BSE.
The scrip opened at Rs. 305.65 and has touched a high and low of Rs. 308.90 and Rs. 305.00 respectively. So far 36261 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 395.00 on 20-Dec-2017 and a 52 week low of Rs. 274.50 on 28-Jun-2018.
Last one week high and low of the scrip stood at Rs. 327.25 and Rs. 302.05 respectively. The current market cap of the company is Rs. 64769.23 crore.
The promoters holding in the company stood at 61.73%, while Institutions and Non-Institutions held 28.00% and 10.27% respectively.
Motherson Sumi Systems through its step down subsidiary -- Samvardhana Motherson Automotive Systems Group (SMRP BV) -- has successfully completed the acquisition of Reydel Automotive Group. This is the 21st acquisition by SMRP BV and will further bolster Motherson's offerings in the automotive interiors space.
The acquisition further consolidates Motherson's position as a global interior supplier through amalgamation of complementary portfolio and capabilities. The acquisition also enhances Motherson's diversification across customer portfolio and geographical footprint to over 200 facilities across 41 countries.
Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
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