Motherson Sumi has declared that 80 out of 152 plants globally are open. 30% of these are running at 80% capacity and remaining are running at 50% capacity. Permission is being sought for other plants also. <Source LiveMint>
Motherson Sumi CMP: 81.70
Flag Pattern formation on hourly chart. Breakout above 82 will push the stock price to 96 level.
Price Target:
T1: 86.50, T2: 91.20, T3: 96; SL: 77