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    Motherson Sumi Systems Ltd. shares decline 5.4% as Sensex climbs

    Synopsis

    A total of 3,899,033 shares changed hands on the counter till 02:15PM (IST)

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    Except in the case of cholera outbreak in November 2010 and pneumonic plague in September 1994, Indian market have bounced back strongly.

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    Shares of the Motherson Sumi Systems Ltd. traded at Rs 98.05 on BSE at 02:15PM (IST) on Friday, down 5.4 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 48.5 and a high of Rs 151.0.

    Earlier, the stock saw a gap down opening in the morning.

    A total of 3,899,033 lakh shares changed hands on the counter till 02:15PM (IST).

    The stock of Motherson Sumi Systems Ltd. commands a market value of Rs 31026.7 crore.

    The stock traded at a price-to-earning (P/E) multiple of 26.52, while the price-to-book value ratio stood at 2.09. Return on equity (ROE) was at 10.39 per cent, according to exchange data.

    In the BSE500 pack, 276 stocks traded in the green, while 224 stocks were in the red.

    Promotor Holding
    Promoters held 33.96 per cent in the Motherson Sumi Systems Ltd. as of 31-Mar-2020 while foreign and domestic institutional investors owned 15.5 per cent and 11.21 per cent, respectively.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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