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Samvardhana Motherson International Ltd slips for fifth straight session

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Capital Market

Samvardhana Motherson International Ltd is quoting at Rs 67.85, down 0.95% on the day as on 13:19 IST on the NSE. The stock tumbled 23.65% in last one year as compared to a 0.8% slide in NIFTY and a 16.87% spurt in the Nifty Bank index.

Samvardhana Motherson International Ltd dropped for a fifth straight session today. The stock is quoting at Rs 67.85, down 0.95% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 16980.75. The Sensex is at 57626.56, down 0.01%.Samvardhana Motherson International Ltd has eased around 17.21% in last one month.Meanwhile, Nifty Bank index of which Samvardhana Motherson International Ltd is a constituent, has eased around 7.34% in last one month and is currently quoting at 12304.9, down 0.77% on the day. The volume in the stock stood at 216.2 lakh shares today, compared to the daily average of 326.43 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 67.95, down 0.95% on the day. Samvardhana Motherson International Ltd tumbled 23.65% in last one year as compared to a 0.8% slide in NIFTY and a 16.87% spurt in the Nifty Bank index.

The PE of the stock is 41.99 based on TTM earnings ending December 22.

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First Published: Mar 17 2023 | 1:35 PM IST

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