Motherson Sumi Systems Ltd fell for a fifth straight session today. The stock is quoting at Rs 157.5, down 3.08% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.83% on the day, quoting at 14314.3. The Sensex is at 48700.68, down 0.68%.Motherson Sumi Systems Ltd has gained around 6.96% in last one month.Meanwhile, Nifty Auto index of which Motherson Sumi Systems Ltd is a constituent, has increased around 13.77% in last one month and is currently quoting at 10178.3, down 2.25% on the day. The volume in the stock stood at 93.35 lakh shares today, compared to the daily average of 118.67 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 157.7, down 3.34% on the day. Motherson Sumi Systems Ltd jumped 14.42% in last one year as compared to a 17.09% rally in NIFTY and a 19.12% spurt in the Nifty Auto index.

The PE of the stock is 85.95 based on TTM earnings ending September 20.

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Motherson Sumi Systems Ltd rose for a third straight session today. The stock is quoting at Rs 154.85, up 2.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 13711. The Sensex is at 46756.37, up 0.67%. Motherson Sumi Systems Ltd has added around 8.55% in last one month.

Meanwhile, Nifty Auto index of which Motherson Sumi Systems Ltd is a constituent, has added around 2.84% in last one month and is currently quoting at 8935.95, up 0.56% on the day. The volume in the stock stood at 60.55 lakh shares today, compared to the daily average of 134.29 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 154.75, up 1.91% on the day. Motherson Sumi Systems Ltd is up 5.56% in last one year as compared to a 13.07% gain in NIFTY and a 10.54% gain in the Nifty Auto index.

The PE of the stock is 80.11 based on TTM earnings ending September 20.

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Motherson Sumi Systems announced that Fitch Ratings has revised the Outlook for Samvardhana Motherson Automotive SystemsGroup B.V. (SMRP B.V.), a material subsidiary of Motherson Sumi Systems to Stable from Negative and has affirmed its Long Term Issuer Default Rating (IDR) at 'BB'. Fitch Ratings has also affirmed SMRP B.V.'s senior secured notes at 'BB+'.

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The stock has added 7.82% in three sessions from its recent closing low of Rs 142.60 on 25 November 2020.

Last week, MSSL outlined its next five year plan, Vision 2025. The company said that it is targeting $36 billion in group revenues by FY25E, including 25% contribution from non-automotive space. It also aims to be highly capital efficient with a targeted group RoCE of 40%. Other ambitions outlined included 40% consolidated dividend payout ratio and continued business de-risking via 3CX10 i.e. no component, country or customer to form more than 10% of revenues.

Motherson Sumi Systems is one of the world's leading specialised automotive component manufacturing companies for original equipment manufacturers.

The auto component maker's consolidated net profit fell 12.2% to Rs 337.58 crore on 1.98% decline in total revenues from operations to Rs 14,957.21 crore in Q2 FY21 over Q2 FY20.

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