Company Profile

MOTHERSON SUMI SYSTEMS LTD.

NSE : MOTHERSUMIBSE : 517334ISIN CODE : INE775A01035Industry : Auto AncillaryHouse : Sumi Motherson
BSE57.95-3.1 (-5.08 % )
PREV CLOSE (Rs.) 61.05
OPEN PRICE (Rs.) 61.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1565900
TODAY'S LOW / HIGH (Rs.)57.30 61.65
52 WK LOW / HIGH (Rs.)48.5 162.95
NSE57.95 -3.1 (-5.08 % )
PREV CLOSE(Rs.) 61.05
OPEN PRICE (Rs.) 60.50
BID PRICE (QTY) 57.95 (1259 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 9133038
TODAY'S LOW / HIGH(Rs.) 57.20 61.80
52 WK LOW / HIGH (Rs.)48.65 162.9

Company News

Date Heading Details
30-Mar-2020 Moody's assignes 'Ba1' CFR to Motherson Sumi Systems <div align="justify">Credit rating agency -- Moody's Investors Service has assigned 'Ba1' corporate family rating (CFR) to Motherson Sumi Systems. Further, the outlook has been revised to ‘rating under review' from ‘negative'.<br><br></div><div align="justify">The weakness in company's credit profile, including its exposure to final consumer demand for automobiles, has left it vulnerable to shifts in market sentiment in these unprecedented operating conditions and company remains vulnerable to the outbreak continuing to spread.<br><br></div><div 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><br></div>
28-Feb-2020 Announcement under Regulation 30 (LODR)-Dividend Updates Motherson Sumi Systems Limited informed that the Board of Directors of the Company at their meeting held on February 28, 2020 have declared an interim dividend of Rs. 1.50 (Rupees One and Fifty Paisa) per equity share (face value of Re. 1/- each) for the financial year 2019-20 on the Equity Shares ('Shares') of the Company. Further, the Board of Directors have fixed March 14, 2020 as Record Date for this purpose.
27-Feb-2020 Announcement under Regulation 30 (LODR)-Credit Rating Motherson Sumi Systems Limited informed that Standard & Poor''s ('S&P') has re-affirmed long term credit at BB+ and revised outlook to Negative for Samvardhana Motherson Automotive Systems Group B.V ('SMRP B.V.'), a material subsidiary of Motherson Sumi Systems Limited. A disclosure made by SMRP B.V. is available on its website http://smrpbv.com/investor-relations.html.
11-Feb-2020 Disclosure Regarding Appointment Of Secretarial Auditor For The FY 2019-20. Motherson Sumi Systems Limited informed the Exchange regarding appointment of Secretarial Auditor for the FY 2019-20.
05-Nov-2019 Moody's Investors downgrades Motherson Sumi's outlook to negative <p align="justify">Credit rating agency, Moody's Investors Service has downgraded the rating outlook of Motherson Sumi Systems to negative from stable, mainly on account of the weak performance of the company. However, it has retained the company's rating at Baa3.</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>
09-Sep-2019 Motherson Sumi Systems gains on establishing manufacturing unit at RAKEZ <p align="justify">Motherson Sumi Systems is currently trading at Rs. 99.50, up by 0.70 points or 0.71% from its previous closing of Rs. 98.80 on the BSE.<p align="justify">The scrip opened at Rs. 99.50 and has touched a high and low of Rs. 100.05 and Rs. 97.80 respectively. So far 284465 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 206.00 on 10-Sep-2018 and a 52 week low of Rs. 91.15 on 23-Aug-2019.<p align="justify">Last one week high and low of the scrip stood at Rs. 100.85 and Rs. 93.10 respectively. The current market cap of the company is Rs. 31405.66 crore.<p align="justify">The promoters holding in the company stood at 61.73%, while Institutions and Non-Institutions held 27.42% and 10.85% respectively.<p align="justify">Motherson Sumi Systems has established manufacturing unit at the Ras Al Khaimah Economic Zone (RAKEZ). The company is set to produce a broad portfolio of products including wiring harnesses, rear view mirrors for passenger cars, injection moulded products and many more from its RAKEZ manufacturing unit.<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. </p>
06-Sep-2019 Motherson Sumi Systems establishes manufacturing unit at RAKEZ <p align="justify">Motherson Sumi Systems has established manufacturing unit at the Ras Al Khaimah Economic Zone (RAKEZ). The company is set to produce a broad portfolio of products including wiring harnesses, rear view mirrors for passenger cars, injection moulded products and many more from its RAKEZ manufacturing unit.<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>
12-Aug-2019 Motherson Sumi Systems informs about outcome of board meeting <P align=justify>Motherson Sumi Systems has informed that the Board of Directors of the company in their meeting held on Monday, August 12, 2019, have discussed and approved unaudited Standalone and Consolidated Financial Results of the Company for quarter ended June 30, 2019.&nbsp;<P align=justify>The above information is a part of company's filings submitted to BSE.
12-Aug-2019 Motherson Sumi Systems informs about press release <p>Motherson Sumi Systems has informed that the company has issued the Press Release on the financial results for the quarter ended June 30, 2019.&nbsp;<p>The above information is a part of company's filings submitted to BSE.</p>
18-Jul-2019 Motherson Sumi Systems informs about investor conference <p align="justify">Motherson Sumi Systems has informed that it has enclosed the particulars of the Investor Conference that the management of the Company shall be attending on July 19, 2019.<br></p><p align="justify">The above information is a part of company's filings submitted to BSE.</p><p align="justify"><br></p><p align="justify"><br></p>