Motherson Sumi Systems rose 1.25% to Rs 472.90 at 15:19 IST on BSE, with the stock recovering on bargain hunting after recent slide.
Meanwhile, the S&P BSE Sensex was down 1.84 points or 0.01% at 27,455.74.
On BSE, so far 84,000 shares were traded in the counter as against average daily volume of 1.32 lakh shares in the past one quarter.
The stock high of Rs 479.80 and a low of Rs 464.30 so far during the day. The stock had hit a record high of Rs 509.40 on 13 March 2015. The stock had hit a 52-week low of Rs 230.50 on 26 March 2014.
The stock had outperformed the market over the past one month till 26 March 2015, rising 3.87% compared with the Sensex's 4.48% fall. The scrip had also outperformed the market in past one quarter, advancing 9.01% as against Sensex's 0.79% rise.
The large-cap company has equity capital of Rs 88.19 crore. Face value per share is Re 1.
Shares of Motherson Sumi Systems had declined 6.18% in five trading sessions to settle at Rs 467.05 yesterday, 26 March 2015, from a recent high of Rs 497.85 on 19 March 2015.
On consolidated basis, Motherson Sumi Systems' net profit rose 1.8% to Rs 254.21 crore on 13.4% growth in net sales to Rs 8949.81 crore in Q3 December 2014 over Q3 December 2013.
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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