The answer is below average. The placements are not ideal, but this depends on several factors.
The primary thing is you should possess first class (60%) in aggregate (or 60% in each semester for 1-2 companies like tata motors.). As is well known, MSU's results are not as good as those of other universities, with only 50-60% of students receiving first-class honors (60% or higher). In other universities, you can easily get 80-85%.
Everyone says that MSU attracts a large number of MNC companies for recruitment. However, there are only 3-4 nice MNCs that offer nice packages and recruit only 3-5 students. They don't always hire any of the students. The maximum package is approximately 5-5.5 LPA. On average, you can get a package of 3-4 LPA. Then there are some other companies that offer you between 2.5 and 3.5 LPA. There are 2-3 non-core companies that recruit with average packages ranging from 2.5 to 4 LPA. Score high and strive to remain in the top 15-20. Your chances of being placed would improve.