Motherson Sumi

Stocks to watch: HUL, United Breweries, Motherson, Sun Pharma, Paytm, Cipla

Stocks to watch: Samvardhana Motherson announced it is buying SAS Autosystemtechnik (SAS), which manufactures auto cockpit modules, from French company Faurecia for Rs 4,790 crore

Motherson Sumi Wiring slips 6% on margin disappointment in Q2

MSWIL said margin was impacted due to initial one-time startup costs of new programs at Bengaluru, and a new facility at Chennai

Motherson Sumi Wiring India Q2 net profit rises 2% to Rs 116 crore

Auto component maker Motherson Sumi Wiring India Ltd on Monday reported a 2 per cent rise in net profit at Rs 116.45 crore in the second quarter ended September 30, 2022. The company had posted a net profit of Rs 114 crore in the same period last fiscal, Motherson Sumi Wiring India Ltd (MSWIL) said in a regulatory filing. Total revenue from operations stood at Rs 1,835.21 crore as against Rs 1,399.95 crore in the year-ago period, it added. Total expenses were higher at Rs 1,689.77 crore as compared to Rs 1,229.76 crore in the same quarter a year ago. "The Indian automotive industry is showing signs of revival and our customers are also ramping up production. This has resulted in one-time costs, which should be mitigated in the coming quarters," MSWIL chairman Vivek Chaand Sehgal said. In the second quarter, the company said it had incurred costs due to initial one-time startup costs of new programmes at Bengaluru and new facility at Chennai. Besides, to meet increased volume, ...

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CLOSING BELL: The Financial Services, IT, Pharma, Auto, and Consumer Durable indices gained over 1 per cent each, while others added up to 1 per cent

Motherson's local wiring biz better placed than its global sales entity

Demand, rising content per vehicle, return ratios key investment arguments for Motherson Sumi Wiring

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Motherson Sumi Wiring India Q1 profit rises to Rs 126 crore, revenue up 50%

During the quarter under review, the company said it has realigned its operations at Bengaluru and Chennai to cater to increased customer requirements.

Trend to remain bearish as long as Nifty stays below 17,275, Vinay Rajani

The technical analyst from HDFC Securities has buy call on ICICI Prudential Gold ETF and sell call on Mothersonsumi.

'Pain in system is too much': Motherson Sumi chief sees lot of acquisitions

The $10-billion Motherson Sumi group, which has acquired 27 companies in the last two decades, is gearing up to acquire several more in the coming months, indicated its chairman V C Sehgal

Motherson Sumi Wiring lists after demerger; freezes at 5% lower circuit

The wiring harness business benefits from the mega trends (of premiumization, increasing use of electronics, and electrification) playing out in the Auto industry, resulting in an increase in content.

Sensex ends choppy day 234 pts down; Nifty holds 17,150; IT, FMCG weigh

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Motherson Sumi: Margin worries near term overhang for auto component maker

Growth in client volumes of Motherson Sumi and easing up of supply chain issues could be triggers.

Auto components major Motherson Sumi Q3 net dips 80% to Rs 226 crore

Total revenue from operations stood at Rs 16,117.51 crore in the quarter under review against Rs 17,092.44 crore in the year-ago period

Motherson Sumi trades for ex-domestic wiring harness biz, stock falls 9%

MSSL has fixed January 17, 2022 as record date for determining shareholders for allocation of additional shares of DWH business in the entitlement ratio of 1:1.

Motherson Sumi eyes 25% revenue from non-automotive business in next 5 yrs

The company has recently received nod from the NCLT for the group's restructuring

Near-term volume, margin headwinds for Motherson Sumi

Supply disruptions have led to downward revision of earnings estimates for FY22

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The earnings season has almost come to an end, going forward individual stocks will react to corporate developments and broader market trend

Motherson Sumi posts 76% fall in net profit at Rs 93 cr in Sept quarter

Motherson Sumi reported a 76% decline in consolidated net profit from continuing operations at Rs 93.04 crore in the second quarter ended September, hit by global automotive supply chain disruptions

Here's why Ajit Mishra is bullish on Petronet, Motherson, Muthoot Finance

The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the mentioned range

Recovery hopes, non-auto share are positives for Motherson Sumi

Acquisitions such as the one in the aviation space is in line with goal of increasing non-auto revenues