Will Support Hold?
Motherson Sumi is a leading Auto ancillary company.
Increasing Topline with reducing Operating Margins led to bottomline contraction, and hence falling share prices, accentuated by the slowdown in Automobile space.
With the Auto sector slowly reviving, and a normalish quarter, it remains to see if the price can gather some support here.
Not an Investment advice, Only for research purpose. Thanks!
Increasing Topline with reducing Operating Margins led to bottomline contraction, and hence falling share prices, accentuated by the slowdown in Automobile space.
With the Auto sector slowly reviving, and a normalish quarter, it remains to see if the price can gather some support here.
Not an Investment advice, Only for research purpose. Thanks!
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