SUMY

Motherson Sumi Wiring capacity to go up 10% as two new plants get operational in Q1: Management

Anurag Gahlot, CFO of Motherson Sumi Wiring, projects significant market growth for FY25 supported by factors such as Maruti Suzuki and Tata Motors' capacity expansions, India's low car penetration, and the growing Indian middle class. Additionally, the expansion of road infrastructure in India presents opportunities for OEMs and customers.

Buy Motherson Sumi Wiring India, target price Rs 80: Motilal Oswal

Motherson Sumi Wiring India Ltd. key Products/Revenue Segments include Cables & Wires, Sale of services, Scrap and Other Operating Revenue for the year ending 31-Mar-2023.

Motherson Sumi Wiring Q4 Results: PAT jumps 38% YoY to Rs 191 crore, revenue rises 19%

Motherson Sumi Wiring Q4 Results: The company’s revenue for the period was reported at Rs 2,233 cr, a 19% jump YoY. The board has announced a dividend of Rs 0.80 per share.

Motherson Sumi Wiring India Q4 Results: Firm posts rise in profit on steady demand

Motherson Sumi Wiring India on Thursday reported a 38% rise in fourth-quarter profit, aided by strong demand for automobiles.

Market Trading Guide: Tata Communications, Motherson Sumi Wiring among 5 stock recommendations for Thursday

Benchmark Sensex slipped 45 points in highly volatile trade on Wednesday due to selling in private bank and IT shares amid weak Asian markets and continuous foreign fund outflows. Declining for the second straight session, the 30-share BSE Sensex fell 0.06% to settle at 73,466. The NSE Nifty remained unchanged at 22,302.50. "The short-term trend remains weak, but the market is showing signs of higher bottom formation around 22,200 levels. Confirmation of reversal from here could open short-term upside bounce in the market. Immediate support is at 22,200 levels and the next overhead resistance is at 22,500 levels," said Nagaraj Shetti, senior technical research analyst at HDFC Securities. Here are the 5 stock recommendations for Thursday:

Share market update: Most active stocks in today's market in terms of volume

The NSE Nifty index closed 152.06 points down at 21995.85

Share market update: Most active stocks on D-Street today in terms of volume

The NSE Nifty index was trading 67.65 points up at 22215.55

Tech picks: IRCTC, Cipla among 7 stocks to buy for robust gains in short term

Indian benchmark indices opened the week significantly lower, mirroring Asian market losses. Investor sentiment weakened post Iran's retaliatory attack on Israel. BSE Sensex dropped 800 points. Market cap fell by Rs 5 lakh crore. Various Nifty sectors also experienced declines. With the onset of the results season, analysts said traders can adopt a thematic approach and may get trading opportunities on both sides of the market. In this setup, here are 7 stocks that you can consider buying for robust returns in short term:

Metal stocks may be at the start of a short-term upward cycle: Kunal Shah, LKP Securities

“Nifty is currently consolidating at higher levels, caught within a broad trading range. Key support lies in the 22,300 to 22,500 zone, with resistance at 22,800,” says Kunal Shah.

Buy Samvardhana Motherson International, target price Rs 150: Prabhudas Lilladher

Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 74269.58 Crore) operating in Auto Ancillaries sector.

Russian drone attack on Ukraine hits infrastructure, injures 7

Russia conducted a drone attack on Ukrainian regions, damaging power infrastructure, residential, and commercial buildings, and injuring at least seven people. Ukrainian air defenses shot down 38 of 42 Russian drones over eight regions, one of the largest attacks in recent weeks. Shahed kamikaze drones were downed across the country, with air alerts lasting up to four hours. The attacks targeted power facilities in Kmelnytskyi and Dnipropetrovsk regions, leaving thousands without electricity.

Share market update: Most active stocks of the day in terms of traded value

The NSE Nifty index closed 117.75 points up at 22474.05

Share market update: Most active stocks in today's market in terms of volume

The NSE Nifty index closed 117.75 points up at 22474.05

Share market update: Most active stocks on D-Street today in terms of volume

The NSE Nifty index was trading 84.55 points down at 22271.75

Share market update: Most active stocks of the day in terms of total traded value

The NSE Nifty index was trading 53.46 points down at 22302.85

4 auto picks to make money in near to long term; 4 OMCs to buy on dips: Sanjiv Bhasin

Sanjiv Bhasin recommends Ashok Leyland, Maruti, Bajaj Auto, and Motherson Sumi as good picks for making money. He advises investors to buy IOC, NALCO, ONGC, and HPCL in the market correction. Bhasin believes private banks will lead the market higher and mentions the possibility of retail liquidation. He says, Reliance and HDFC Bank should be the main pillars of the index and the rest of the midcaps can continue to be consolidating for some time.

Buy Samvardhana Motherson International, target price Rs 130: Motilal Oswal

Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 76471.92 Crore) operating in Auto Ancillaries sector.

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 35%

At a time when everything on the street appears good and green, there is a case of being selective and cautious. Cautious in terms of not going overboard with taking exposure to a certain stock, selective about what one is buying. The reason, even if it is in a raging bull market, the street never stays in this all good and green mode forever. When the street starts to become selective and gets into correction mode, it is stocks where there has been improvements in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Technical Breakout Stocks: What investors should do with Infibeam Avenues, Godrej Consumer and Motherson Sumi

The S&P BSE Sensex fell more than 100 points while the Nifty50 closed below 21,700 level. Sectorally, buying was seen in the public sector, power, and banks, while telecom, capital goods, realty and metals saw some selling pressure.

Comparing investment potential in Indian vs US real estate markets

The US real estate market is known for its stability, diverse geography, and transparent regulatory framework. On the other hand, the Indian real estate sector has significant growth potential but is characterized by regulatory complexities and occasional economic volatility. India, on the other hand, with its burgeoning middle class and urbanisation, presents significant growth potential in its real estate sector.

22,200-22,500 next upside target for Nifty in next one month: Nagaraj Shetti

Nagaraj Shetti says: “Though the market declined by 130 odd points today, I am not expecting a bigger decline from here. The overall near-term trend status of the market remains intact. If Nifty moves below the immediate support of 21,500 levels, there is a possibility of Nifty getting the support of the next lower level around 21,200 to 21,000 levels.”

6 stocks showing RSI trending up on December 15

This mid-cap equity mutual fund gave 29.2% returns in 3 years; should you invest?

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