Motherson Sumi Systems fell 4.67% to Rs 276.90 at 14:23 IST on BSE on profit booking after a recent rally.
Meanwhile, the BSE Sensex was down 125.39 points, or 0.49%, to 25,648.22.
On BSE, so far 5.03 lakh shares were traded in the counter, compared with an average volume of 2.34 lakh shares in the past one quarter. The stock hit a high of Rs 289.95 and a low of Rs 274.90 so far during the day. The stock hit a 52-week high of Rs 395.85 on 6 August 2015. The stock hit a 52-week low of Rs 206.20 on 25 February 2016. The stock had outperformed the market over the past one month till 17 May 2016, rising 12.73% compared with 0.57% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 30.13% as against Sensex's 10.23% rise.
The large-cap company has an equity capital of Rs 132.29 crore. Face value per share is Re 1.
Shares of Motherson Sumi Systems rose 14.83% to settle at Rs 290.45 yesterday, 17 May 2016, from its close of Rs 252.95 on 10 May 2016.
On a consolidated basis, Motherson Sumi Systems' net profit rose 22% to Rs 414 crore on 8% growth in revenue to Rs 10068 crore in Q4 March 2016 over Q4 March 2015. Earnings before interest, taxation, depreciation and amortization (EBITDA) rose 14% to Rs 1061 crore in Q4 March 2016 over Q4 March 2015.
The result was announced during market hours yesterday, 17 May 2016. The Motherson Sumi Systems stock spurted 8.36% to Rs 290.45 on that day.
Motherson Sumi Systems is one of the world's fastest growing specialised automotive component manufacturing company for original equipment manufacturers (OEMs). It is the flagship company of the Samvardhana Motherson Group.
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