Motherson Sumi India Limited is an India-based company that provides full system solutions to original equipment manufacturers (OEM). It works in the wire harnessing sector and has a proven record of serving various automobile manufacturers with a network of around 23 facilities. Motherson Wiring India Limited is a joint venture in partnership with Sumitomo Wiring Systems Ltd, a global leader in manufacturing electrical wires, harness wiring and components. The company started in 1986 as the demerger from its parent company Motherson Sumi Systems Limited(MSSL). As it is a joint venture with Sumitomo wiring systems, its product and services include vision systems, wiring harnesses, payment and module products, logistics solutions, etc.
The performance of Motherson Sumi Wiring shares was moderate in the past few months. In the last week, the Motherson Sumi share price hit a low and brought loss to the investors; however, in the current week, the share took a hike and touched down to the Rs. 50.85 mark. There are various reasons behind the unstable performance of stocks, like market volatility and global economic conditions. Based on its past year’s performance, Motherson Sumi Wiring shares were on top in September 2022 at the price of Rs. 65.07, which was its best performance till now. The current price of the Motherson Sumi Wiring India Pvt Limited is Rs. 51.30, and expected to perform well in the coming months.
Particulars (in Rs. crore) | 2023 | 2022 | 2021 |
Total Revenue | 7,079.70 | 5,665.00 | 3,961.30 |
EBITDA | 803.7 | 694.9 | 576.7 |
Net Profit | 487 | 410.7 | 396.2 |
EPS (Rs) | 1.1 | 1.86 | 4043.23 |
Motherson Sumi Wiring India Limited has consistently grown in its financial metrics, its revenue for FY23 was Rs. 7079,70 crore. It indicates positive growth and profitability for the company and increases EPS (earnings per share), directly affecting the unlisted share prices. It has recorded year-on-year growth of 12.7% in FY 2023 to lead the revenue. Investors will keep it on their investment list by expecting high returns and profit avenues for upcoming years.
Based on the recent data from the National Stock Exchange(NSE), the buying quantity of the Motherson Sumi Wiring shares is 8,26,945, while the selling quantity is 9,84,537. The share price will largely depend on how the various services are performed in the market. Since the company’s customer base is huge and it serves various sectors, it is important to see how much its value can surge in the stock market. The key details of the Motherson Sumi Wiring shares that you need to know before investing in it are as follows:
Key Details | Value |
Previous Close | 50.80 |
Open Price | 51.25 |
Bid Price | 51.05 |
Offer Price | 51.10 |
Volume | 38,73,401 |
Expected Value | 19.87 Cr |
Debt-to-Equity | 0.35 |
Face Value | 1 |
P/B Ratio | 20.15 |
Dividend Yield | 1.20% |
Despite going down in the past few months, the Motherson Sumi Wiring share price recovered and showed a rise in the chart. Compared to the shares of similar companies, the shares of Motherson perform well and have a good debt-to-equity ratio. Moreover, the Motherson Sumi Wiring India Limited share price is currently at Rs. 50.85 to 51.30, which shows a positive return of 0.80% than the previous weeks.
Based on the forecasts, the Motherson Sumi Wiring share price is expected to go up and touch down to Rs. 55.85-60.30 in the next months. Buying the shares of the Motherson Sumi Wiring right now is the best move to add the best-performing assets to the stock market.
Investing in Motherson Sumi Wiring India Limited unlisted shares can be profitable as the company recorded a jump in net profit by 33.86% for the financial year 2023. Its quarterly net profit also increased by 26.6%, which indicates a positive outlook for the company among investors to leverage their portfolio returns.
Also, Motherson Sumi Wiring India has been established as a full-system solutions provider to OEMs(Original Equipment Manufacturers) under the wiring harness segment. Overall, the automotive industry is expected to grow at a high rate, and Motherson will expand its manufacturing expertise for consistent performance in the market.
Investors can aim for high returns by looking at favourable growth and opportunity. You can use Stockify to buy Motherson Sumi Wiring India Limited unlisted shares.
You might find the differentiation in the Motherson Sumi Wire share price on marketplaces. At Stockify, we conduct market research and show you the exact value of the shares. We also help you determine the company’s total valuation, dividend ratio, and market risk in buying the shares. We also provide an opportunity to buy unlisted shares of other top-performing companies. Here, you will get access to blue-chip stocks before their listing on the stock exchange of India. Take a peek at the PNB Finance share price today and other unlisted shares listed below:
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* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)