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Motherson Sumi nears 52-week high after it unveils 5-yr restructuring plan

Motherson Sumi Systems said that it is targeting $36 billion in group revenues by FY25E, including 25 per cent contribution from non-automotive space

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Motherson Sumi Systems | Buzzing stocks | Markets

SI Reporter  |  Mumbai 

Motherson Sumi
According to ICICI Securities this is the first time that the company is foraying into non-automotive areas such as logistics, aerospace and healthcare

Shares of (MSSL) advanced 5 per cent to Rs 146.30 on the BSE in the intra-day trade on Monday after the company outlined its next five year plan, Vision 2025. The stock of the auto ancillary company was trading close to its 52-week high level of Rs 151 touched on January 9, 2020.

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First Published: Mon, November 23 2020. 13:27 IST
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