Motherson Sumi Wiring India share price jumped 13% on NSE in Monday's trading session after the auto company reported its July-September quarter results for FY27.
Motherson Sumi Wiring shares opened at ₹38 per share today, as compared to previous close of ₹35.14 on Friday last week and touched an intraday high of ₹39.82 on 2 November.
The stock rally also came in after the Motherson Sumi Wiring shares witnessed a spurt in its trading volume. According to data available on NSE, around 1,422.68 lakh shares changed hands during the intraday session on Monday.
The auto ancillary company reported a 35% year-on-year (YoY) increase in net profit to ₹223 crore in the second quarter of FY27, compared with ₹165 crore in the corresponding quarter of the previous financial year.
Revenue from operations surged 47% YoY to ₹4,504 crore from ₹2,752 crore in the year-ago period, the company said in a regulatory filing.