MoneyWorks4Me

Motherson Sumi Systems rises on getting rating reaffirmed by CRISIL

03 Mar 2021 Evaluate

Motherson Sumi Systems is currently trading at Rs. 233.90, up by 1.35 points or 0.58% from its previous closing of Rs. 232.55 on the BSE.

The scrip opened at Rs. 236.00 and has touched a high and low of Rs. 238.20 and Rs. 231.55 respectively. So far 706513 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 238.20 on 03-Mar-2021 and a 52 week low of Rs. 48.50 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 238.20 and Rs. 209.40 respectively. The current market cap of the company is Rs. 73911.45 crore.

The promoters holding in the company stood at 61.73%, while Institutions and Non-Institutions held 30.35% and 7.92% respectively.

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 162.00
Tube Investments 2612.50
Bosch 47840.10
UNO Minda 1207.00
Bombay Burmah Trdg. 1398.95
View more..