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CRISIL reaffirms ratings of Motherson Sumi Systems

02 Mar 2021 Evaluate

Credit rating agency – CRISIL has reaffirmed Motherson Sumi Systems’ Long Term rating at ‘AA+’ and outlook has been revised from ‘Negative’ to ‘Stable’. The rating agency also reaffirmed short term rating at ‘A1+’.

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.

Peers
Company Name CMP
SamvardhanaMotherson 159.00
Tube Investments 2388.70
Bosch 44450.00
UNO Minda 1106.60
Bombay Burmah Trdg. 1270.15
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