Rajesh Kothari of AlfAccurate Advisors told CNBC-TV18, " Motherson Sumi still remains a very good long term bet if one has a view of 3-5 years. The company has already given its guidance and if you go buy its historic track record then Motherson is one of the few companies which have always probably achieved whatever their vision is." "In the last annual report you have already seen the next five years guidance, how much of that is organic, how much of that is inorganic. So, there is a QIP which you are probably talking about which is possible considering they might have some very large acquisition opportunity but irrespective of what kind of equity dilution it is I am sure it will lead to 20-25 percent plus kind of a return on capital employed (ROCE) which is what their -ROCE is their target and they are always maintaining on ROCE," he said. "We are quite positive on Motherson Sumi. The content per car is going up for the company. If you look at the client base then last quarter Daimler was one of their very big client who has ramped up significantly and as the new capacities and new plants are coming up you will continue to see new models, new clients and ramp up of existing clients and that is what is in store for Motherson Sumi is all about. So, 20-25 percent or maybe more than compounded earnings growth over next 3-4 years is not very difficult for Motherson Sumi."
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