Motherson Sumi basically into auto ancillary segment is quoting at its 52 week low ; a sure shot bet for med to long term. Good market cap with reserves growing, dividend being paid at increased rate and debt equity ratio of of just 0.20 ; all are the hallmarks of a good investment. A very defensive stock since management is taking care of perceived growth in term of diversification and serving the share holders in the shape of 300% dividend against the FV of Rs.1/-.
Those who are looking at a stock with med term horizon with growth assured, should go for this stock since it is a leader in auto ancillary sector with very good track record.
Buy at CMP.