News Hot Pursuit

Motherson Sumi turns volatile after earnings announcement
11-Feb-19   14:26 Hrs IST
The result was announced during trading hours today, 11 February 2019.

Meanwhile, the S&P BSE Sensex was down 85.61 points, or 0.23% to 36,460.87.

On the BSE, 11.45 lakh shares were traded in the counter so far compared with average daily volumes of 7.47 lakh shares in the past two weeks.

The stock witnessed volatility in intraday today. It fell as much as 3.41% to hit a low of Rs 130.45 in early trade, which is also a 52-week low for the counter. After the result announcement, the stock jumped as much as 4.26% to hit the day's high of Rs 140.80 in early afternoon trade. The stock hit a 52-week high of Rs 247.96 on 12 February 2018.

The company said that SMP plant at Tuscaloosa (USA) began operations during the quarter.

Commenting on the results, Mr. V C Sehgal, chairman, MSSL said all operating businesses have performed well under current market conditions. With the start of production at Tuscaloosa in this quarter, all the key greenfield projects are now completed.

Motherson Sumi Systems (MSSL) is one of the world's leading specialised automotive component manufacturing companies for OEMs.

Powered by Capital Market - Live News

Attention Investors:
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Prevent Unauthorized Transactions in your Demat account\Trading account: Update your Mobile Number with your Depository Participant\Exchange. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account\Trading account directly from Depository\Exchange on the same day.........issued in the interest of investors.
Goodwill Comtrades Pvt. Ltd   |
   MCX : 11095   |   ICEX : 2035   |   SEBI Regn. No : INZ000049087
Goodwill Wealth Management Pvt. Ltd   |
   MSEI : 11240   |   NSE : 90097   |   BSE : 6648   |   SEBI Regn. No : INZ000177036
Clearing Code   |
   NSE : M52003   |   BSE : 6648
CDSL DP   |
   DP ID : 12084200   |   SEBI Regn. No : IN - DP - CDSL - 309 - 2017
Research Analyst   |
   SEBI Regn. No : INH200005179
Mutual Funds   |
   ARN : 118850
Disclosure of Proprietary Account Trading by Members to Clients
Proprietary Trading Disclosure:In terms of provisions of the Rules, Bye-Laws and Business Rules of the Exchange and with reference to circular MCX/T&S/147/2016 dated May 17, 2016 regarding Disclosure of Proprietary Account Trading by broker to client.,Pursuant to SEBI Circular Number SEBI/MRD/SEC/Cir-42/2003 dated November 19, 2003 & SEBI/HO/CDMRD/DMP/CIR/P/2016/49 dated April 25, 2016 GOODWILL WEALTH MANAGEMENT PVT LTD, GOODWILL COMTRADES PVT LTD. Discloses to its clients about its policies on proprietary trades. Goodwill does proprietary trading in the derivatives segment at MCX respectively.GOODWILL – SEBI Reg No. INZ000049087
Copyright © 2016 All rights Reserved GOODWILL
Designed, Developed and content powered by C-MOTS Infotech ( ISO 9001:2015 certified )