Is Motherson Sumi debt free?

Is Motherson Sumi debt free?

What Is Motherson Sumi Systems’s Net Debt? The image below, which you can click on for greater detail, shows that Motherson Sumi Systems had debt of ₹122.2b at the end of September 2021, a reduction from ₹141.3b over a year. However, because it has a cash reserve of ₹34.5b, its net debt is less, at about ₹87.7b.

What is the future of Motherson Sumi?

We will continue to build Motherson for the long term. The targets set are USD 36 billion revenues with 40% ROCE. 25% of revenues to come from new divisions that Motherson has entered into….2020 – 2025.

* on consolidated basis
Consolidated net sales with ROCE	USD 36 billion with 40% ROCE
Diversification	3CX10

What is the main business of Motherson Sumi?

Motherson Sumi Systems Limited (MSSL) is one of the world’s leading specialized automotive component manufacturing companies for Original Equipment Manufacturers (OEMs).

Why did Motherson Sumi stock fall?

From the start of the year, the stock has almost halved and the reason is that it has a big exposure to the European markets and the uncertainty caused by the Russia-Ukraine war. Motherson Sumi is under pressure and is down almost seven percent in trade today (March 8).

Is Suzlon worth buying?

Suzlon Energy Share Target 2022 So Sikkon Energy Future are Very Good And Company Also DEBT free In Year 2021, So Last 4 To 5 Day’s Stock Are in Uper Circuit and Dilon Energy Share Price above 52weak High Level And Stock Technical Indicator ARE positive. 12₹+, 13₹+, 14₹+, 20₹+ at The End Of The Year 2022.

Does Motherson Sumi give bonus shares?

Motherson Sumi Systems Ltd is currently trading at Rs304. 80, up Rs13. 4, or 4.6%, from its previous close of Rs291. 40 on the BSE….Motherson Sumi approves bonus issue of one share for every two shares held.

Bonus Ratio	1 share for every 2 shares held
Share Price (Rs)
Current – (C )	304.50

Is Motherson Sumi an Indian company?

Motherson Sumi Systems Limited is an Indian manufacturer and global supplier of automotive components. Established in 1986 and part of the Motherson Group, Motherson Sumi Systems is a joint venture between Samvardhana Motherson International Ltd of India and Sumitomo Wiring Systems Ltd. (SWS) of Japan.

Is Motherson Sumi good company?

Is Motherson Sumi Systems a good company to work for? Motherson Sumi Systems has an overall rating of 3.4 out of 5, based on over 310 reviews left anonymously by employees. 66% of employees would recommend working at Motherson Sumi Systems to a friend and 70% have a positive outlook for the business.

How good is Motherson Sumi?

Motherson Sumi Systems is rated 3.9 out of 5, based on 3.4k reviews by employees on AmbitionBox. Motherson Sumi Systems is known for Job Security which is rated at the top and given a rating of 4.0. However, Work-Life balance is rated the lowest at 3.4 and can be improved.

Who are the clients of Motherson Sumi?

The group’s customers are a who’s who of carmaking elite, including General Motors Co., Jaguar Land Rover, BMW AG, Daimler AG and Volkswagen AG. Based on the family’s 36% interest in Motherson Sumi, the publicly listed entity, Sehgal is worth around $2 billion, according to the Bloomberg Billionaires Index.

What will happen to Motherson Sumi share?

Motherson Sumi Systems in January 2021 said that it would demerge its wiring harness undertaking and list it as a separate entity. The promoters of the company are Motherson Sumi and Sumitomo itself. The stock will be in trade-for-trade segment for 10 days, meaning no intraday trading will be allowed.

What happens to share price after demerger?

Usually, when a company demerges its business, it announces a distribution of shares from the new company for its existing investors. This also leads to a fall in the price of the company’s own stock. After all, the company just gave up part of its business. However, the actual quantum of the fall is not fixed.

Who is the owner of Motherson Sumi?

Is Suzlon a multibagger?

Suzlon Energy shares are one of the multibagger stocks in 2021 as it has surged from ₹5 to ₹5.00 to ₹12.15 apiece levels, logging near 145 per cent rise in this period.

Is Suzlon debt free?

As per a presentation made to the joint lenders’ forum, Suzlon has an estimated debt obligation of ₹882 crore till September 2022, which will be ‘extremely challenging for it to service going forward,’ the company said.

Which share is best for future?

A detailed table with various parameters for Best Long term Stocks to buy

Sr No.	COMPANY NAME	RATING
1	Caplin Point Labs	2
2	Marico	5
3	Avanti Feeds	2
4	Tata Metaliks	0.5