Motherson Sumi Systems (MSSL) is currently trading at Rs 149.05, up by 0.55 points or 0.37% from its previous closing of Rs 148.50 on the BSE.
The scrip opened at Rs 149.05 and has touched a high and low of Rs 153.00 and Rs 145.00 respectively. So far 16821 shares were traded on the counter.
The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 256.00 on 13-Jul-2011 and a 52 week low of Rs 133.00 on 22-Nov-2011.
Last one week high and low of the scrip stood at Rs 159.90 and Rs 133.00 respectively. The current market cap of the company is Rs 5755.03 crore.
The promoters holding in the company stood at 65.20% while Institutions and Non-Institutions held 20.38% and 14.42% respectively.
MSSL, the auto-components maker has successfully closed the deal for acquiring 80% equity holding in Peguform Group, Germany, together with 50% shareholding in Wethje Carbon Composite and Wethje Entwicklungs, which is engaged in the manufacturing of carbon components, from Cross Industries AG which would continue to hold the balance shareholding in the companies.
The deal has been jointly done by MSSL and Samvardhana Motherson Finance which owns 36.35% stake in MSSL. The acquisition is made through a step-down subsidiary of joint venture, Samvardhana Motherson Polymers, in which MSSL hold 51% and Samvardhana Motherson Finance holds 49%.
MSSL is engaged in manufacturing a range of products from single circuit lead wire to complex cabin harnesses and from small harnesses to harnesses for large cranes and elevators. The company also supplies wiring harnesses to material handling, earth moving and farm equipment, white goods and electronics, elevators, office automation and medical equipment industries. MSSL is the largest manufacturer of wiring harnesses in India.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 148.70 |
| TVS Holdings | 10238.90 |
| Bosch | 32799.85 |
| UNO Minda | 1067.65 |
| Endurance Tech | 2092.50 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
