Shares of Motherson Sumi Wiring Ltd. fell more than 5% in trade on Tuesday, Aug. 4, after the automative wiring harness company announced its April-June quarter results for fiscal 2026-27 (Q1FY27). Operating as a joint venture between Samvardhana Motherson International Ltd. and Sumitomo Wiring Systems, Japan, the Noida-headquartered company reported a rise of 1.6% in its net profit to Rs 145 crore, compared to Rs 143 crore in the corresponding period last year.
On Tuesday, shares of the midcap stock currently priced under Rs 50 opened at Rs 41.50 against a previous close of Rs 41.48 and extended losses by over 5% to hit an intraday low of Rs 39.46 apiece on the NSE. The stock last traded 3.52% lower at Rs 40.02 apiece on the NSE. This compares to a 1.24% drop in the Nifty 50 benchmark. The stock is down 4% in one week, 18% on a year-to-date basis, but is up 5% in the last one year. The company commands a market cap of Rs 26,553.17 crore.
Motherson Sumi Wiring Share Price Intraday
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
