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Motherson Sumi Systems Ltd spikes 5.44%

Capital Market 

Motherson Sumi Systems Ltd is quoting at Rs 104.65, up 5.44% on the day as on 12:49 IST on the NSE. The stock is down 45.98% in last one year as compared to a 2.96% drop in NIFTY and a 31.16% drop in the Nifty Auto.

Motherson Sumi Systems Ltd gained for a fifth straight session today. The stock is quoting at Rs 104.65, up 5.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37320.22, up 0.47%. Motherson Sumi Systems Ltd has risen around 7.55% in last one month.

Meanwhile, Nifty Auto index of which Motherson Sumi Systems Ltd is a constituent, has risen around 7.37% in last one month and is currently quoting at 7165.35, up 2.73% on the day. The volume in the stock stood at 101.22 lakh shares today, compared to the daily average of 92.15 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 104.85, up 5.11% on the day. Motherson Sumi Systems Ltd is down 45.98% in last one year as compared to a 2.96% drop in NIFTY and a 31.16% drop in the Nifty Auto index.

The PE of the stock is 39.23 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 11 2019. 13:01 IST
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