Motherson Sumi Systems fell 1.23% to Rs 284.90 at 15:02 IST on BSE on profit booking after the stock jumped 12.87% in three trading sessions to Rs 288.45 on Wednesday, 27 November 2013, from a recent low of Rs 255.55 on 22 November 2013.
Meanwhile, the BSE Sensex was up 63.02 points, or 0.31%, to 20,483.28.
On BSE, 3.96 lakh shares were traded in the counter compared with average volume of 48,267 shares in the past one quarter.
The stock hit a high of Rs 296.95 and a low of Rs 283.75 so far during the day. The stock hit a record high of Rs 297.70 on Wednesday, 27 November 2013. The stock hit a 52-week low of Rs 171 on 4 December 2012.
The stock had outperformed the market over the past one month till 27 November 2013, rising 11.89% compared with the Sensex's 1.27% fall. The scrip had also outperformed the market in past one quarter, gaining 44.62% as against Sensex's 13.65% rise.
The large-cap company has an equity capital of Rs 58.79 crore. Face value per share is Re 1.
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Motherson Sumi Systems' consolidated net profit rose 1.49% to Rs 139.63 crore on 24% growth in revenue to Rs 7166 crore in Q2 September 2013 over Q2 September 2012.
Motherson Sumi Systems supplies components, modules and systems to the automotive sector. Its business portfolio encompasses electrical distribution system (EDS), polymer products and complete module solutions. It is the largest supplier of EDS to the Indian automotive industry.
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