Majority of our plants are operational again globally – says Motherson Sumi Systems Ltd

Motherson Sumi Systems Limited (MSSL) today announced that more than 80 out of 152 of it’s manufacturing facilities across the world are now in operations. While 30% of them are now running at more than 80% capacities, rest of them are now running at up to 50% capacities and slowly and steadily gearing up.

The company said that it has obtained necessary approvals from the concerned authorities in respective regions in relation with the plant operations.

Additionally, rest of the plants are being prepared to be in ready state as per Post-Covid requirements and once the permissions are obtained, these plants too will start operating.

The company also added that all the necessary precautions are being taken by the teams in adherence with the post COVID 19 guidelines issued by various governments. Our teams across the globe are working closely with the governments and local administrations to ensure smooth functioning of the facilities.

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Shares of MOTHERSON SUMI SYSTEMS LTD. was last trading in BSE at Rs.81.4 as compared to the previous close of Rs. 78.2. The total number of shares traded during the day was 2499226 in over 12634 trades.

The stock hit an intraday high of Rs. 86 and intraday low of 79.9. The net turnover during the day was Rs. 208909796.