Share price of Motherson Sumi Systems Ltd. rises as Nifty strengthens

Shares of Ltd. gained 1.24 per cent to Rs 204.05 in Thursday's trade as of 11:22AM (IST).

The stock hit a high price of Rs 205.7 and low of Rs 202.7 during the session.

The return on equity (ROE) for the stock stood at 10.39 per cent. Traded volume on the counter stood at 11:22AM shares and turnover at Rs 4.18 crore around that time.

The stock of Motherson Sumi Systems Ltd. quoted a 52-week high and 52-week low prices of Rs 238.2 and Rs 54.25, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.59.

Promotor/FII Holding
Promoters held 61.73 per cent stake in the company as of 31-Dec-2020, while overseas investors held 16.09 per cent and domestic institutional investors had 14.26 per cent.

Key Financials
The company reported consolidated sales of Rs 17157.63 crore for the quarter ended 31-Dec-2020, up 14.29 per cent from previous quarter's Rs 15012.49 crore and up 13.84 per cent from the year-ago quarter's Rs 15071.79 crore.

Net profit after tax for the latest quarter stood at Rs 798.38 crore, up 195.14 per cent from the same quarter a year ago.