Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group, was established in 1986. Motherson Sumi Systems Ltd (MSSL) is a JV between Samvardhana Motherson International (SMIL) and Sumitomo Wiring Systems, Japan (SWS). MSSL is a diversified auto parts maker with presence in automotive mirrors, wiring harness and moulded plastic parts.
Valuation: We remain positive on MSSL given its strong order book position, ramp-up of new plants (SMP) and continuous increase in content per vehicle driven by diversified product offerings and premiumization. Overall, we build robust revenue/PAT CAGR of 16%/30% with strong growth expected across SMP, standalone and PKC businesses. We recommend BUY rating on the stock with a target price of Rs. 343 based on 24x FY20E EPS.
Research-Report – Motherson Sumi Systems Ltd
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I purchased 300 shares of mother son sumi at an average cost of 355/-.
how long it will take to recover the loss. I wish to hold it at least for five years.
Dear Investor,
Motherson Sumi’s consolidated sales grew by robust 36.9% YoY supported by strong performance of India and
current order book stands at robust Rs. 1,29,785 cr (highest ever) providing strong growth visibility.
You can accumulate more at current market price and we expect the stock to perform well in coming quarters.
Thank You.
I purchased 300 shares of mother son sumi at an average cost of 355/-.
how long it will take to recover the loss. I wish to hold it at least for five years.
Dear Investor,
Motherson Sumi’s consolidated sales grew by robust 36.9% YoY supported by strong performance of India and
current order book stands at robust Rs. 1,29,785 cr (highest ever) providing strong growth visibility.
You can accumulate more at current market price and we expect the stock to perform well in coming quarters.
Thank You.