Live Breaking News & Updates on Motherson sumi latest news

Stay informed with the latest breaking news from Motherson sumi latest news on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Motherson sumi latest news and stay connected to the pulse of your community

Motherson Sumi gains 2%, hits 52-wk high as CRISIL reaffirms credit ratings

Shares of Motherson Sumi Systems, on Wednesday, rose 2.4 per cent to hit a fresh 52-week high of Rs 238.20 on the BSE after rating agency CRISIL reaffirmed the company's ratings.
In an exchange filing, the company said that its long-term ratings has been reaffirmed to CRISIL AA+, with 'Stable' outlook from the earlier 'negative'. Short-term ratings has been reaffirmed to CRISIL A1+.
At 11:25 AM, the stock was trading 1 per cent higher at Rs 234.85 as compared to the benchmark Sensex's 0.9 per cent gain. Around 80.8 lakh shares have changed hands on the NSE and BSE, combined, so far.
In Q3FY21, Motherson Sumi Systems' consolidated profit after tax (PAT) more-than-doubled to Rs 798 crore from Rs 271 crore in the corresponding quarter of previous fiscal. Earnings before interest, taxes, depreciation, and amortization (Ebitda), meanwhile, grew 56 per cent year on year (YoY) at Rs 2,041, while margins improved 300 basis points (bps) to 11.4 per cent during the quarter.

Analysts-at-emkay-global-financial-services , Emkay-global-financial-services , Sumitomo-wiring-systems , Markets , Buzzing-stocks , Motherson-sumi , Motherson-sumi-latest-news , Motherson-sumi-stock-price , Motherson-sumi-share-price , Motherson-sumi-crisil , ஆய்வாளர்கள்-இல்-எம்காய்-உலகளாவிய-நிதி-சேவைகள்

Motherson speaks on latest acquisition

Covid-led supply constraints exist in specific countries from shipping to freighting to other possible causes behind the disruption.

Turkey , Vivek-chaand-sehgal , Motherson-sumi , Motherson-sumi-news , Motherson-sumi-latest-news , வான்கோழி , விவேக்-சிஎச்ஏஏஎன்டி-சேகல் , மதர்சன்-சுமி , மதர்சன்-சுமி-செய்தி , மதர்சன்-சுமி-சமீபத்தியது-செய்தி ,