look news india
Penny Stocks to Buy: If you also want to bet on penny stocks then you can keep an eye on the shares of Motherson Sumi Wiring India Limited. Market expert Madrasan is bullish on the shares of Sumi Wiring India Limited and is advising buying. It is noteworthy that this share closed at Rs 70.40 on Wednesday. According to experts, this share can go up to Rs 84 in the coming days. HDFC Securities has given a target of Rs 77.25-84 on the share. Its stop loss is ₹67.7.
company stock position
Shares of Madrasan Sumi Wiring India Limited closed at Rs 70.40 today. The stock is up 1.29% in the last five days and 15% in a month. It has increased by 19% in six months and 13% YTD this year. This stock has increased by 40 percent in a year. This stock has increased by 55 percent in five years. Its 52-week high is Rs 74.80 and 52-week low is Rs 45.24. The market cap of the company is Rs 31,473.87 crore.
company business
Motherson Sumi Wiring India Limited was formed in 2020. Madrasan Sumi works in the field of wiring India company Uto Accessories. The company primarily manufactures and sells components to automotive original equipment manufacturers. As a flagship company of the Madrasan Group, the company has more than 230 facilities in 41 countries and five continents.