Tuesday, 17 May 2016

Motherson Sumi Systems rallies 8% on Q4 results

The company has posted a net profit of Rs. 4137.20 million for the Quarter ended March 31, 2016 as compared to Rs. 3401.00 mn for the Quarter ended March 31, 2015.

Motherson Sumi Systems was higher by 8% at Rs. 288. The company has posted a net profit of Rs. 4137.20 million for the Quarter ended March 31, 2016 as compared to Rs. 3401.00 mn for the Quarter ended March 31, 2015. 

The company has posted a net profit of Rs. 4137.20 million for the Quarter ended March 31, 2016 as compared to Rs. 3401.00 mn for the Quarter ended March 31, 2015. 

The scrip opened at Rs. 269.9 and has touched a high and low of Rs. 290 and Rs. 262.1 respectively. So far 9465676(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 35459.77 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 395.85 on 06-Aug-2015 and a 52 week low of Rs. 206.2 on 25-Feb-2016. Last one week high and low of the scrip stood at Rs. 268.8 and Rs. 248.25 respectively.

The promoters holding in the company stood at 65.61 % while Institutions and Non-Institutions held 23.52 % and 10.87 % respectively.


The stock is currently trading above its 200 DMA.

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