Motherson Sumi Wiring rallies after strong Q2 growth
Motherson Sumi Wiring India shares rose 13% after Q2 FY27 net profit increased 35% YoY to ₹223 crore and revenue grew 47% to ₹4,504 crore. Trading volume surged to around 1,422.68 lakh shares during the session.
after close1 source ↓machine-written, see hownot a recommendation
- MSUMI close
- ₹35.14
- On the day
- -1.73%
- 52-week high
- ₹53.59
- 52-week low
- ₹32.70
Motherson Sumi Wiring India shares rallied 13% on 2 Nov 2026 after the auto-ancillary company reported strong July–September results for FY27. The stock opened at ₹38, compared with the previous close of ₹35.14, and reached an intraday high of ₹39.82. Around 1,422.68 lakh shares changed hands during Monday’s session, according to NSE data cited by Livemint. 📈
The quarterly performance provided the immediate trigger. Net profit rose 35% year on year to net profit ₹223 cr, from ₹165 crore in the corresponding quarter of the previous financial year. Revenue from operations increased 47% YoY to revenue ₹4,504 cr, compared with ₹2,752 crore a year earlier. The combination of faster revenue growth and higher profit supports the market’s positive reaction to the auto-components business. 🚗
The results matter for the broader auto-ancillary segment because wiring systems are a core component of vehicle production, making supplier revenue sensitive to automobile volumes and customer programmes. The reported growth gives investors a fresh operating reference point, while the sharp price response indicates that the earnings numbers were being reflected quickly in the stock.
OI Charts data showed the shares at ₹35.14 on 30 Oct 2026, down 1.7% on the day, with reported volume of 20,910,001. The stock was up 0.8% over five sessions and 1.0% over 20 sessions before the results-driven move, but remained below its 52-week high of ₹53.59 recorded on 6 Jan 2026. Its 52-week low was ₹32.70 on 5 Oct 2026.
What to watch next is whether the company sustains the reported revenue and profit momentum in subsequent quarters, and whether the stock can hold the gains after the initial results reaction. Trading activity, follow-through in earnings estimates and any further regulatory filings will help determine whether the move reflects a lasting change in operating expectations or a one-session response to the announcement.
Source: Livemint, 02 Nov 2026
Not investment advice. For informational purposes only.