Analyst's Pick: MID CAP: Angel Broking
MSSL’s consolidated net sales is expercted to register substantial growth in FY2010E. On the margin front, we estimate the company to register a contraction owing to the increasing contribution of outside India sales.
By ET Bureau |
Motherson Sumi Systems
CMP: Rs 131
We expect MSSL’s consolidated net sales to register substantial growth in FY2010E. On the margin front, we estimate the company to register a contraction owing to the increasing contribution of outside India sales.
Considering the company’s prospects post restructuring of Samvardhana Motherson Visiocorp Solution, it is one of the few ancillary companies registering decent numbers despite having high presence in overseas markets.
CMP: Rs 131
We expect MSSL’s consolidated net sales to register substantial growth in FY2010E. On the margin front, we estimate the company to register a contraction owing to the increasing contribution of outside India sales.
Considering the company’s prospects post restructuring of Samvardhana Motherson Visiocorp Solution, it is one of the few ancillary companies registering decent numbers despite having high presence in overseas markets.
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