Motherson sumi system

hello.i have motherson sumi in my portfolio.can it be a multibagger stock??

 

Yes but btw what's your cost?

 

30 @336..I want to add monthly ..should I ??

 

It's a play to 2020. I continue to SIP this one. But mine's running for sometime now.

 

Ok.will add it more & more...

 

I invested equal share and still hold MSUMI and MINDAIND. MSUMI is at 70%, minda is at 300%. Both are great stocks and I suggest you add either.

 

Motherson sumi is a good company and a potential multibagger.
I work at tata motors, and motherson sumi is one of our big supplier.

 

You belong to auto industry, in your view what is best bets in auto industry. Earlier I had tata motors and Maruti both, tata motor was at reasonable price but when it went no where I shifted entirely to Maruti as in my view inspite of it being over priced but is able to maintain its leadership with industry beating Secular growth.

 

Tata motors is working a lot now a days to increase its market share and become a turn around. However, auto indurstry takes some times to show results. Maruti's brand value in passenger vehicle is way above Tata's and that's why its sales are continuously increasing. However with the new launches of Tiago, Hexa and Nexon, tata is fighting back.Tata Motors a good buy currently if your are willing to hold the stock for some time.