MSUMI

Feb 6 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• Q3 PROFIT 1.4 BILLION RUPEES

• Q3 TOTAL REVENUE FROM OPERATIONS 23 BILLION RUPEES

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Jan 24 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• JV MARELLI MOTHERSON APPROVED ASSET SALE

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** Shares of Motherson Sumi Wiring India MSWI.NS fall 4% to 61.4 rupees after the automobile parts maker reports decline in Q2 profit

** Co on Friday posted profit of 1.52 billion rupees ($18 million), down 2.4% YoY

** Expenses surge 12% to 21.28 bln rupees, while total revenue rose 10% to 23.26 bln rupees

** Analysts' avg rating on stock is "buy," same as that on peer Sona BLW Precision Forgings SONB.NS

** Their median PT on MSWI is 74 rupees - LSEG

** Stock trims YTD gains to 1.3% vs 9% gain in Sona BLW Precision

($1 = 84.3775 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Nov 8 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• Q2 PROFIT 1.52 BILLION RUPEES

• Q2 TOTAL REVENUE FROM OPERATIONS 23.26 BILLION RUPEES

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** Shares of Motherson Sumi Wiring India MSWI.NS rise 3.8% to 72.8 rupees

** The auto, truck and motorcycle parts maker reported a 21% rise in Q1 profit, rev from ops up 17% Y/Y

** Stock set to snap five day losing streak

** Twelve analysts covering the stock on avg have a "buy" rating, vs "hold" rating on peers Bosch BOSH.NS and Exide Industries EXID.NS

** Median PT on MSWI is 77.5 rupees - LSEG data

** Stock up 17% so far this year

(Reporting by Ashna Teresa Britto in Bengaluru)

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Aug 5 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• Q1 PROFIT 1.49 BILLION RUPEES

• Q1 TOTAL REVENUE FROM OPERATIONS 21.85 BILLION RUPEES

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BENGALURU, May 16 (Reuters) - Motherson Sumi Wiring India MSWI.NS on Thursday reported a 38% rise in fourth-quarter profit, aided by strong demand for automobiles.

The company's profit rose to 1.91 billion rupees ($22.9 million) in the three months ended March 31 from 1.38 billion rupees a year earlier.

Motherson Sumi provides wiring harness solutions to automotive companies, including Maruti Suzuki, Tata Motors and Hyundai.

Demand for cars, especially for sport utility vehicles (SUVs), grew steadily during the quarter, benefiting companies like Motherson Sumi.

Passenger vehicles and electric vehicle models drove demand for wiring harnesses, the company said.

The Noida-based company, which is a joint venture between India's Samvardhana Motherson International SAMD.NS and Japan's Sumitomo Wiring Systems, said total revenue from operations grew 19% to 22.33 billion rupees.

The company's earnings before interest, tax, depreciation and amortization (EBITDA) margin expanded to 13% from 11.8% a year earlier.

Shares of the company rose 3.3% ahead of results, currently trading up 0.7%. It rose 7% in the March quarter.

($1 = 83.4856 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru; Editing by Sohini Goswami)

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BENGALURU, Jan 31 (Reuters) - Motherson Sumi Wiring India MSWI.NS reported a higher-than-expected third-quarter profit on Wednesday, buoyed by strong demand for its wiring harness solutions from the automotive industry.

The Noida-based company said its profit rose more than 58% to 1.68 billion rupees (about $20 million) in the three months ended Dec. 31, beating analysts' estimates of 1.47 billion rupees, per LSEG data.

The demand for wiring harnesses, used in making vehicles, surged in the December quarter as vehicle sales jumped during the 42-day festive season.

Motherson Sumi, which counts Maruti Suzuki MRTI.NS, Tata Motors TAMO.NS and Ashok Leyland ASOK.NS among its clients, said its total revenue from operations jumped 25.5% to 21.17 billion rupees.

The growth in revenue outpaced a 22.8% rise in total expenses, led by a spike in the cost of key raw material - copper.

The company is a joint venture between India's Samvardhana Motherson International SAMD.NS and Japan's Sumitomo Wiring Systems.

Shares of Motherson Sumi rose as much as 3.5% after the results.

($1 = 83.0325 Indian rupees)

(Reporting by Manvi Pant in Bengaluru; Editing by Subhranshu Sahu and Sohini Goswami)

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Nov 27 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• APPROVED TO INVEST 125 MILLION RUPEES IN INDIAN FOUNDATION FOR QUALITY MANAGEMENT

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BENGALURU, Oct 31 (Reuters) - Motherson Sumi Wiring India MSWI.NS on Tuesday reported a near 34% increase in second-quarter profit as strong demand for its products, led by an optimistic automotive industry, outweighed higher input costs.

The company's profit rose to 1.56 billion rupees ($18.74 million) in the three months ended Sept. 30 from 1.16 billion rupees a year ago.

Automakers' optimism about festive season demand pushed up inventory levels in the quarter, which helped the company increase sales of products like wiring harnesses, used in making vehicles.

Total revenue from operations grew 14.7% to 21.05 billion rupees.

Noida-based Motherson Sumi, a joint venture between India's Samvardhana Motherson International SAMD.NS and Japan's Sumitomo Wiring Systems, counts Maruti Suzuki, Tata Motors and Hyundai among its clients.

The growth in revenue outpaced a 12.5% rise in total expenses, led by a spike in cost of raw materials consumed.

Analysts said that prices of copper, a key raw material for wiremakers, had risen about 8% year-on-year.

Shares of the company settled 0.25% lower after the results. They are up about 3% so far this year compared to a more than 23% rise in the Nifty Midcap 100 index .NIFMDCP100.

($1 = 83.2341 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sonia Cheema)

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Oct 20 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• APPROVED TO ACQUIRE 100% STAKE OF SAMVARDHANA MOTHERSON ADSYS TECH FROM MOTHERSON AUTO LIMITED

• DEAL FOR CASH CONSIDERATION OF 219 MILLION RUPEES FOR ACQUISITION 100% SHARES OF TARGET

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July 28 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• MOTHERSON SUMI WIRING INDIA Q1 PROFIT 1.23 BILLION RUPEES

• MOTHERSON SUMI WIRING INDIA Q1 TOTAL REVENUE FROM OPERATIONS 18.59 BILLION RUPEES

• MOTHERSON SUMI WIRING INDIA YEAR AGO Q1 PROFIT 1.26 BILLION RUPEES; TOTAL REVENUE FROM OPERATIONS 16.71 BILLION RUPEES

Source text for Eikon: ID:nBSE5hRbtX

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July 10 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• MAHENDER CHHABRA APPOINTED AS CHIEF FINANCIAL OFFICER

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July 7 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• CO ENTERED INTO AN AGREEMENT TO ACQUIRE 100% STAKE IN ROLLON HYDRAULICS

• DEAL FOR EQUITY VALUE OF ABOUT 1.03 BILLION RUPEES

Source text for Eikon: ID:nBSE23BW1H

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** Shares of Motherson Sumi Wiring India Ltd MSWI.NS rise as much as 3.27% to 56.90 rupees, hitting their highest level since Jan. 6

** Over 13 mln shares change hands in four blocks at a price in the range of 56-56.25 rupees

** Co had last week reported near three-fold jump in Q4 profit on recovery in the automotive industry and operating efficiencies nFWN37G018

** Share price above 50-day, 100-day and 200-day simple moving averages, suggesting bullish trend

** Stock witnessing its most active trading session since Jan. 13

** More than 24 mln shares change hands by 2:44 p.m. IST, 4.8x 30-day avg of 5 mln shares

** Nine of the 11 analysts covering stock have a "buy" or "strong buy" rating while 2 have "sell;" median PT is 63 rupees - Refinitiv data

** Including session's gain, stock trims some of its losses, last down 3.69% YTD

(Reporting by Ashish Chandra in Bengaluru)

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May 19 (Reuters) - Motherson Sumi Wiring India Ltd MSWI.NS:

• MARCH-QUARTER PROFIT 1.38 BILLION RUPEES VERSUS 464.2 MILLION RUPEES

• MARCH-QUARTER TOTAL REVENUE FROM OPERATIONS 18.64 BILLION RUPEES VERSUS 16.62 BILLION RUPEES

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