Motherson Sumi rises 0.49% as Sensex slides

Motherson Sumi rises 0.49% as Sensex slides
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Synopsis

The stock traded at a P/E multiple of 28.58, while the price-to-book value ratio stood at 5.07.

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India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range.
Shares of Systems Ltd. traded at Rs 182.75 on BSE at 10:15AM (IST) on Monday, up 0.49 per cent from previous close.

The scrip quoted a 52-week low price of Rs 143.35 and a high of Rs 273.0.

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

A total of 140,663 lakh shares changed hands on the counter till 10:15AM (IST).

The stock of Motherson Sumi Systems Ltd. commanded a market value of Rs 57695.46 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 28.58, while the price-to-book value ratio stood at 5.07. Return on equity (ROE) was at 8.27 per cent, according to exchange data.

In the BSE500 pack, 55 stocks traded in the green, while 444 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.59.

Promotor/FII Holding
Promoters held 33.96 per cent in Motherson Sumi Systems Ltd. as of 31-Dec-2021 while foreign portfolio investors and domestic institutional investors owned 16.43 per cent and 10.71 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 227.1 on January 24, while the 50-DMA was at 218.72. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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