Motherson Sumi can get wonderful returns, says Mehraboon Irani

In a chat with ET Now, Mehraboon Irani, Principal & Head-Private Client Group Business, Nirmal Bang Securities shares his view on Motherson Sumi.

ET Now: What are you expecting for Motherson Sumi?

Mehraboon Irani: It has had two bonus issues in the last 30 months. The price is higher than what it was before the first bonus. Investors can get wonderful returns. I love Motherson Sumi. The balance sheet is leveraged, but they have made the right move and right acquisition, and are doing well.