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Motherson Sumi Systems gains on reporting nine fold jump in Q1 consolidated net profit

31 Jul 2013 Evaluate

Motherson Sumi Systems is currently trading at Rs 203.75, up by 4.40 points or 2.21% from its previous closing of Rs 199.35 on the BSE.

The scrip opened at Rs 199.00 and has touched a high and low of Rs 206.60 and Rs 185.10 respectively. So far 158289 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 228.80 on 22-Jul-2013 and a 52 week low of Rs 104.00 on 03-Aug-2012.

Last one week high and low of the scrip stood at Rs 221.00 and Rs 185.10 respectively. The current market cap of the company is Rs 11400.28 crore.

The promoters holding in the company stood at 65.59% while Institutions and Non-Institutions held 25.02% and 9.39% respectively.

Motherson Sumi Systems has reported results for first quarter ended June 30, 2013.

The company has reported 21.96% rise in its net profit at Rs 80.80 crore for the quarter as compared to Rs 66.25 crore for the same quarter in the previous year. Total income of the company has increased by 0.74% at Rs 1090.95 crore for quarter under review as compared to Rs 1082.89 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered about nine fold jump in its net profit at Rs 73.20 crore for the quarter as compared to Rs 8.14 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has increased by 10.87% at Rs 7086.87 crore for quarter under review as compared to Rs 6391.83 crore for the quarter ended June 30, 2012.

SamvardhanaMotherson Share Price

125.00 2.30 (1.87%)
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