INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Motherson Sumi Systems Ltd
with a target price of Rs 305.0
The current market price of Motherson Sumi Systems Ltd
is Rs 298.3 Time period given by the analyst is Intra Day when Motherson Sumi Systems Ltd
price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 290
Motherson Sumi Systems Ltd., incorporated in the year 1986, is a largecap company with a market cap of Rs 62801.38 crore.
Motherson Sumi
key Products/Revenue Segments include Auto Electricals which contributed Rs 6640.60 Crore to Sales Value (94.01 % of Total Sales), Traded
Goods which contributed Rs 216.60 Crore to Sales Value (3.06 % of Total Sales), Other Operating Revenue which contributed Rs 98.20 Crore to
Sales Value (1.39 % of Total Sales), Sale of services which contributed Rs 72.90 Crore to Sales Value (1.03 % of Total Sales), Scrap which
contributed Rs 17.10 Crore to Sales Value (0.24 % of Total Sales), Export Incentives which contributed Rs 15.40 Crore to Sales Value (0.21 %
of Total Sales) and Job Work which contributed Rs 2.40 Crore to Sales Value (0.03 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 15281.58 Crore, up 7.08 % from last quarter Sales of
Rs 14271.45 Crore and up 37.67 % from last year same quarter Sales of Rs 11099.99 Crore Company has reported net profit after tax of Rs
733.42 Crore in latest quarter
Mr.Pankaj Mital, Mr.Sushil Chandra Tripathi, Mr.Vivek Chaand Sehgal, Ms.Geeta Mathur, Ms.Noriyo Nakamura
Company has Price Waterhouse Chartered Accountants LLP as its auditoRs As on 30-06-2018, the company has a total of 2,105,289,491 shares
