Motherson Sumi: Buy

The company’s market leadership in the wiring harness segment and the foray into the non-automotive segment, provide visibility to the earnings prospects. Introduction of models would lead to strong volume growth in the next few years. Parvatha Vardhini C Investors with a long-term perspective can consider exposure to the Motherson Sumi stock. At the current market price of Rs 80, the stock trades at a... [read full story]                    

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