Motherson Sumi Wiring India Ltd News
BSE Smallcap index tanks over 17% in 2 months; 131 stocks at 52-week low
Analysts expect this painful phase for the small-cap stocks to continue for some more time, at least till the corporate earnings start to show signs of improvement.
 "BSE Smallcap index tanks over 17% in 2 months; 131 stocks at 52-week low")
Motherson Sumi Wiring Q3: PAT declines 17% to Rs 140 cr as expansion weighs
The company, whose clients include Maruti Suzuki and Tata Motors, said its profit fell to 1.40 billion rupees (about $16 million) in the quarter from 1.68 billion rupees a year earlier
 "Motherson Sumi Wiring Q3: PAT declines 17% to Rs 140 cr as expansion weighs")
Motherson Sumi Wiring Q2 results: Net profit dips 3% to Rs 152 cr
Motherson Sumi Wiring India on Friday said its net profit declined 3 per cent to Rs 152 crore in the second quarter ended September 30, 2024. The company had posted a net profit of Rs 156 crore for the July-September period of last fiscal. Total revenue from operations increased to Rs 2,326 crore from Rs 2,109 crore in the year-ago period, the company said in a statement. "We are committed to our expansion plans that prioritise our customers' needs, while actively exploring new opportunities within the evolving automotive landscape across all powertrains," Chairman Vivek Chaand Sehgal said. "As we move forward, we will continue to enhance our operational efficiencies and further develop our manufacturing expertise, ensuring sustainable growth and innovation," he added. Shares of the company ended 0.79 per cent down at Rs 63.9 apiece on BSE.
 "Motherson Sumi Wiring Q2 results: Net profit dips 3% to Rs 152 cr")
