Company Profile

MOTHERSON SUMI SYSTEMS LTD.

NSE : MOTHERSUMIBSE : 517334ISIN CODE : INE775A01035Industry : Auto AncillaryHouse : Sumi Motherson
BSE246.45-7.2 (-2.84 % )
PREV CLOSE (Rs.) 253.65
OPEN PRICE (Rs.) 255.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 456182
TODAY'S LOW / HIGH (Rs.)245.35 257.60
52 WK LOW / HIGH (Rs.)103.85 273
NSE246.55 -7.15 (-2.82 % )
PREV CLOSE(Rs.) 253.70
OPEN PRICE (Rs.) 255.20
BID PRICE (QTY) 246.55 (505 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10851001
TODAY'S LOW / HIGH(Rs.) 245.00 257.80
52 WK LOW / HIGH (Rs.)103.85 272.85

Company News

Date Heading Details
08-Oct-2021 Motherson Sumi Systems acquires majority stake in CIM Tools <p align="justify">Motherson Sumi Systems (MSSL) has completed the acquisition of a majority stake in CIM Tools, one of the leading suppliers in the aerospace supply chain, based in Bengaluru, India. This milestone acquisition will mark MSSL's entry into the aerospace industry.<br></p><p align="justify">MSSL will acquire 55% stake from the promoters of CIM Tools (CIM). CIM in turn will hold 83% in Aero Treatment (ATPL) and currently holds 49.99% in Lauak CIM Aerospace (JV with Lauak International, LCA). CIM, ATPL and LCA are hereinafter referred to as “CIM Group”.</p><p align="justify">Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.<br></p>
08-Oct-2021 Motherson Sumi Systems informs about acquisition <div><span>Motherson Sumi Systems has informed about acquisition by Samvardhana Motherson Automotive Systems Group BV, a material subsidiary of the Company at Netherlands.&nbsp;</span></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The above information is a part of company's filings submitted to BSE.</span></font></div>
08-Oct-2021 Motherson Sumi Systems rises on acquiring majority stake in CIM Tools <p align="justify">Motherson Sumi Systems is currently trading at Rs. 237.00, up by 0.95 points or 0.40% from its previous closing of Rs. 236.05 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 240.00 and has touched a high and low of Rs. 245.30 and Rs. 232.00 respectively. So far 1252760 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 273.00 on 02-Jun-2021 and a 52 week low of Rs. 103.85 on 30-Oct-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 245.30 and Rs. 222.85 respectively. The current market cap of the company is Rs. 75174.62 crore.<br></p><p align="justify">The promoters holding in the company stood at 61.73%, while Institutions and Non-Institutions held 29.88% and 8.39% respectively.<br></p><p align="justify">Motherson Sumi Systems (MSSL) has completed the acquisition of a majority stake in CIM Tools, one of the leading suppliers in the aerospace supply chain, based in Bengaluru, India. This milestone acquisition will mark MSSL's entry into the aerospace industry.</p><p align="justify">MSSL will acquire 55% stake from the promoters of CIM Tools (CIM). CIM in turn will hold 83% in Aero Treatment (ATPL) and currently holds 49.99% in Lauak CIM Aerospace (JV with Lauak International, LCA). CIM, ATPL and LCA are hereinafter referred to as “CIM Group”.</p><p align="justify">Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.<br></p>
08-Oct-2021 Announcement under Regulation 30 (LODR)-Acquisition Motherson Sumi Systems Limited has informed the Exchange about acquisition of 55% stake by the Company in CIM Tools Private Limited.
08-Oct-2021 Announcement under Regulation 30 (LODR)-Press Release / Media Release Motherson Sumi Systems Limited has informed the Exchange regarding a press release dated October 08, 2021, titled "Motherson Sumi Systems Limited has informed the Exchange about Press release and Investor Presentation on Motherson Sumi Systems Limited (MSSL) marks its entry into Aerospace; acquires majority stake in CIM Tools Private Limited.".
05-Oct-2021 Listing Of Commercial Paper Motherson Sumi Systems Limited has informed the Exchange regarding Listing of Commercial Paper.
18-Sep-2021 Motherson Sumi Systems informs about voting results <p align="justify">Pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Regulations'), Motherson Sumi Systems has informed that it enclosed the following in relation to 34th Annual General Meeting (AGM) of the company held on September 17, 2021 (Friday) at 1500 hours through video conferencing and other audio visual means: Voting Results of AGM in the format prescribed under Regulation 44 of SEBI Regulations and Combined Scrutinizer's Report on remote e-voting and voting conducted at AGM pursuant to Rule 20(4) of the Companies (Management and Administration) Rules, 2014 and SEBI Regulations.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
30-Aug-2021 Motherson Sumi Systems gearing up to bring in more entities under its fold <p align="justify">Motherson Sumi Systems (MSSL) is gearing up to bring in more entities under its fold with many companies looking for partners or acquirers due to challenging business environment amid the coronavirus pandemic. The company, which currently has over 230 facilities across 41 countries and five continents, is in talks with many potential companies for takeover.<br></p><p align="justify">Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.<br></p>
30-Aug-2021 Motherson Sumi Systems jumps on gearing up to bring in more entities under its fold <P align=justify>Motherson Sumi Systems is currently trading at Rs. 219.40, up by 4.55 points or 2.12% from its previous closing of Rs. 214.85 on the BSE.<BR><P align=justify>The scrip opened at Rs. 217.45 and has touched a high and low of Rs. 220.15 and Rs. 215.10 respectively. So far 396628 shares were traded on the counter.<BR><P align=justify>The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 273.00 on 02-Jun-2021 and a 52 week low of Rs. 102.35 on 24-Sep-2020.<BR><P align=justify>Last one week high and low of the scrip stood at Rs. 220.15 and Rs. 199.10 respectively. The current market cap of the company is Rs. 69237.71 crore.<BR><P align=justify>The promoters holding in the company stood at 61.73%, while Institutions and Non-Institutions held 29.88% and 8.39% respectively.<P align=justify>Motherson Sumi Systems (MSSL) is gearing up to bring in more entities under its fold with many companies looking for partners or acquirers due to challenging business environment amid the coronavirus pandemic. The company, which currently has over 230 facilities across 41 countries and five continents, is in talks with many potential companies for takeover.<P align=justify>Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.<BR>
26-Aug-2021 Motherson Sumi Systems eyeing substantial revenue from non-auto biz: Report <p>Motherson Sumi Systems is reportedly eyeing substantial revenue from non-auto biz. Motherson Sumi Systems is confident of securing a fourth of its targeted $36 billion by 2025 from non-auto business segments even as its auto orders, including EV business, remain strong.<br></p><p>The company has set out a vision plan under which it aims to grow its revenues to $36 billion by FY25.<br></p><p>Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.<br></p>