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Motherson Wiring Q4 Review: Well-Placed To Outperform Industry Growth, Says Motilal Oswal Maintaining 'Buy'

Its three new greenfields are well on track and expected to help Motherson Wiring outperform industry growth in the next couple of years, says Motilal Oswal

<div class="paragraphs"><p>Motherson Wiring's revenue grew 12% YoY to Rs 25.1 billion vs our estimate of Rs 23.5 billion.</p><p>(Photo source: Company website)</p></div>
Motherson Wiring's revenue grew 12% YoY to Rs 25.1 billion vs our estimate of Rs 23.5 billion.

(Photo source: Company website)

Motherson Wiring’s Q4 earnings were ahead of estimates, primarily driven by better-than-expected revenue growth. Its three new greenfields are well on track and expected to help Motherson Wiring outperform industry growth in the next couple of years.
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