{"id":335080,"date":"2026-11-02T15:32:23","date_gmt":"2026-11-02T10:02:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=335080"},"modified":"2026-11-02T15:32:23","modified_gmt":"2026-11-02T10:02:23","slug":"motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/","title":{"rendered":"Motherson Sumi Wiring Share Price Rallies Up to 13% After Q2 Results: Profit Up 35% to Rs 223 Crore, Revenue Jumps 47%, Emkay Sets Rs 45 Target, but Margins Slip"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Motherson Sumi Wiring Rs 38.86 (3:25 PM, 2 Nov), up 10.59%, high Rs 39.90. Q2 profit Rs 223.37 cr, up 35%. Revenue Rs 4,053.83 cr, up 47%. Emkay target Rs 45.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Motherson Sumi Wiring share price rose as much as 13.5% to Rs 39.90 on 2 November 2026 after Q2 FY27 profit rose 35% to Rs 223.37 crore and revenue grew 47% to Rs 4,053.83 crore. Emkay Global has a target of Rs 45. At 3:25 PM IST the stock was at Rs 38.86, up 10.59%, on about 17.7 crore shares, although EBITDA margin slipped to about 9.2% from 10.2%.<\/p>\n<\/p><\/div>\n<p><strong>Motherson Sumi Wiring share price<\/strong> jumped as much as 13.5% on Monday, 2 November 2026, after the auto component maker reported a strong September quarter. Profit grew 35%, revenue grew 47% and Emkay Global reiterated a Rs 45 target. This <strong>Motherson Sumi Wiring Q2 results<\/strong> analysis explains the numbers, why revenue grew faster than profit, how the stock is valued and what could go wrong.<\/p>\n<p>Prices are as of 3:25 PM IST on 2 November 2026. Financials are from the company&#8217;s Q2 FY27 results and investor presentation.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Motherson_Sumi_Wiring_Share_Price_Today_Key_Data\" title=\"Motherson Sumi Wiring Share Price Today: Key Data\">Motherson Sumi Wiring Share Price Today: Key Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Motherson_Sumi_Wiring_Q2_Results_The_Numbers\" title=\"Motherson Sumi Wiring Q2 Results: The Numbers\">Motherson Sumi Wiring Q2 Results: The Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Why_Did_Revenue_Grow_Faster_Than_Profit\" title=\"Why Did Revenue Grow Faster Than Profit?\">Why Did Revenue Grow Faster Than Profit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Motherson_Sumi_Wiring_Target_Price_What_Brokerages_Say\" title=\"Motherson Sumi Wiring Target Price: What Brokerages Say\">Motherson Sumi Wiring Target Price: What Brokerages Say<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Valuation_and_Risks\" title=\"Valuation and Risks\">Valuation and Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Frequently_Asked_Questions_on_Motherson_Sumi_Wiring_Share_Price\" title=\"Frequently Asked Questions on Motherson Sumi Wiring Share Price\">Frequently Asked Questions on Motherson Sumi Wiring Share Price<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#What_is_the_Motherson_Sumi_Wiring_share_price_today\" title=\"What is the Motherson Sumi Wiring share price today?\">What is the Motherson Sumi Wiring share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Why_did_Motherson_Sumi_Wiring_shares_jump_today\" title=\"Why did Motherson Sumi Wiring shares jump today?\">Why did Motherson Sumi Wiring shares jump today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#What_were_Motherson_Sumi_Wirings_Q2_FY27_results\" title=\"What were Motherson Sumi Wiring&#x27;s Q2 FY27 results?\">What were Motherson Sumi Wiring&#x27;s Q2 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#What_is_the_Motherson_Sumi_Wiring_target_price\" title=\"What is the Motherson Sumi Wiring target price?\">What is the Motherson Sumi Wiring target price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Why_did_the_EBITDA_margin_fall\" title=\"Why did the EBITDA margin fall?\">Why did the EBITDA margin fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#How_much_of_Motherson_Sumi_Wirings_revenue_comes_from_EVs\" title=\"How much of Motherson Sumi Wiring&#x27;s revenue comes from EVs?\">How much of Motherson Sumi Wiring&#x27;s revenue comes from EVs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Is_Motherson_Sumi_Wiring_overvalued\" title=\"Is Motherson Sumi Wiring overvalued?\">Is Motherson Sumi Wiring overvalued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/motherson-sumi-wiring-share-price-rallies-13-percent-after-q2-results-profit-up-35-percent-emkay-target-2-november-2026\/#Should_I_buy_Motherson_Sumi_Wiring_after_the_rally\" title=\"Should I buy Motherson Sumi Wiring after the rally?\">Should I buy Motherson Sumi Wiring after the rally?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Motherson_Sumi_Wiring_Share_Price_Today_Key_Data\"><\/span><strong>Motherson Sumi Wiring Share Price Today: Key Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Price (NSE, 3:25 PM IST)<\/td>\n<td>Rs 38.86, up Rs 3.72 (+10.59%)<\/td>\n<\/tr>\n<tr>\n<td>Open, day&#x27;s high and low<\/td>\n<td>Rs 38.00, Rs 39.90 and Rs 37.61<\/td>\n<\/tr>\n<tr>\n<td>Previous close (30 October)<\/td>\n<td>Rs 35.14<\/td>\n<\/tr>\n<tr>\n<td>Volume (NSE)<\/td>\n<td>About 17.7 crore shares<\/td>\n<\/tr>\n<tr>\n<td>Market cap<\/td>\n<td>About Rs 23,330 crore<\/td>\n<\/tr>\n<tr>\n<td>P\/E ratio (industry P\/E)<\/td>\n<td>37.03 (42.53)<\/td>\n<\/tr>\n<tr>\n<td>P\/B ratio \/ Return on equity<\/td>\n<td>10.79 \/ 32.02%<\/td>\n<\/tr>\n<tr>\n<td>Debt to equity \/ Dividend yield<\/td>\n<td>0.14 \/ 1.65%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: NSE and BSE data and company filings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Motherson_Sumi_Wiring_Q2_Results_The_Numbers\"><\/span><strong>Motherson Sumi Wiring Q2 Results: The Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Q2 FY27 metric<\/th>\n<th>Q2 FY27<\/th>\n<th>Q2 FY26<\/th>\n<th>Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Net profit<\/td>\n<td>Rs 223.37 crore<\/td>\n<td>Rs 165.34 crore<\/td>\n<td>Up 35%<\/td>\n<\/tr>\n<tr>\n<td>Revenue from operations<\/td>\n<td>Rs 4,053.83 crore<\/td>\n<td>Rs 2,761.86 crore<\/td>\n<td>Up 47%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>About Rs 374 crore<\/td>\n<td>About Rs 279 crore<\/td>\n<td>Up 34%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA margin<\/td>\n<td>About 9.2%<\/td>\n<td>About 10.2%<\/td>\n<td>Lower<\/td>\n<\/tr>\n<tr>\n<td>EV share of revenue<\/td>\n<td>10%<\/td>\n<td>Not stated<\/td>\n<td>Rising<\/td>\n<\/tr>\n<tr>\n<td>H1 FY27 revenue<\/td>\n<td>Rs 7,461.09 crore<\/td>\n<td>Rs 5,255.89 crore<\/td>\n<td>Up 42%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: Motherson Sumi Wiring India Q2 FY27 results as reported by Autocar Professional, Investywise, Multibagg and Whalesbook. On a quarter-on-quarter basis, profit rose 54% from Rs 145.32 crore and revenue rose 19% from Rs 3,407.26 crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_Revenue_Grow_Faster_Than_Profit\"><\/span><strong>Why Did Revenue Grow Faster Than Profit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Revenue grew 47% while profit grew 35% because the <strong>EBITDA margin<\/strong> fell to about 9.2% from 10.2%, with reports pointing to copper inflation and the ramp-up of new plants. On the <strong>Motherson Sumi Wiring Q2 results<\/strong>, management and brokerages link the revenue surge to higher <strong>content per vehicle<\/strong>, premiumisation, new model wins, <strong>greenfield ramp-up<\/strong> of new plants and demand across both electric and ICE platforms. The <strong>EV share of revenue<\/strong> was 10% in the quarter.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for auto component stocks and valuations<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Motherson_Sumi_Wiring_Target_Price_What_Brokerages_Say\"><\/span><strong>Motherson Sumi Wiring Target Price: What Brokerages Say<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Emkay Global<\/strong> maintained a positive stance with a <strong>Motherson Sumi Wiring target price<\/strong> of Rs 45, about 16% above today&#8217;s Rs 38.86, highlighting operational gains from new production plants that serve customers such as Maruti Suzuki India. As a <strong>wiring harness<\/strong> maker, the company plans capital spending of about Rs 200 crore in FY27 and expects wiring content per vehicle to rise with zonal architecture. Targets are opinions and change often.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Risks\"><\/span><strong>Valuation and Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On the <strong>Motherson Sumi Wiring share price<\/strong>, at a P\/E of 37, below the industry&#8217;s 42.5, and a return on equity of 32%, the valuation looks reasonable for the growth shown, but a price to book of 10.79 is high because book value is small at Rs 3.26 per share. Risks include raw material costs, especially copper, pass-through delays with customers, dependence on a few automakers and an auto cycle that can turn. A 10% to 13% one-day gain also invites profit-taking.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Motherson Sumi Wiring and auto component stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Motherson Sumi Wiring share price<\/strong> jumped up to 13.5% after 47% revenue growth and 35% profit growth, with Emkay at Rs 45. The margin slip to about 9.2% and a sharp one-day gain call for patience. Watch margins, copper costs and the greenfield ramp-up in the next quarter.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Motherson_Sumi_Wiring_Share_Price\"><\/span><strong>Frequently Asked Questions on Motherson Sumi Wiring Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Motherson_Sumi_Wiring_share_price_today\"><\/span><strong>What is the Motherson Sumi Wiring share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Motherson Sumi Wiring traded at Rs 38.86 on the NSE at 3:25 PM IST on 2 November 2026, up Rs 3.72 or 10.59% from Rs 35.14. It opened at Rs 38, touched a high of Rs 39.90 and a low of Rs 37.61, on volume of about 17.7 crore shares. The market cap is about Rs 23,330 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Motherson_Sumi_Wiring_shares_jump_today\"><\/span><strong>Why did Motherson Sumi Wiring shares jump today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The shares jumped after Q2 FY27 results showed net profit up 35% to Rs 223.37 crore and revenue up 47% to Rs 4,053.83 crore. Profit rose 54% from the previous quarter. Emkay Global reiterated a positive view with a target of Rs 45, and higher content per vehicle and new plants drove growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Motherson_Sumi_Wirings_Q2_FY27_results\"><\/span><strong>What were Motherson Sumi Wiring&#x27;s Q2 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit was Rs 223.37 crore against Rs 165.34 crore, revenue from operations was Rs 4,053.83 crore against Rs 2,761.86 crore, and EBITDA was about Rs 374 crore, up 34%. EBITDA margin was about 9.2%, lower than 10.2% a year earlier. H1 FY27 revenue was Rs 7,461.09 crore, up 42%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Motherson_Sumi_Wiring_target_price\"><\/span><strong>What is the Motherson Sumi Wiring target price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Emkay Global has a positive view with a target price of Rs 45, about 16% above Rs 38.86. Other brokerages may have different targets, and targets are revised after results. Check recent research notes and the company&#x27;s disclosures before relying on a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_EBITDA_margin_fall\"><\/span><strong>Why did the EBITDA margin fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The EBITDA margin slipped to about 9.2% from 10.2% a year earlier, with copper inflation and the cost of ramping up greenfield plants cited as pressures. Revenue grew faster than profit as a result. Management manages cost pressure through negotiations with automakers, so watch how quickly costs are passed through.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_of_Motherson_Sumi_Wirings_revenue_comes_from_EVs\"><\/span><strong>How much of Motherson Sumi Wiring&#x27;s revenue comes from EVs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Electric vehicles accounted for about 10% of revenue in Q2 FY27 and about 9.3% in H1 FY27. The company supplies wiring harnesses for both EV and ICE platforms, and says higher content per vehicle and zonal architecture should support growth. The EV share can change with customer programmes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Motherson_Sumi_Wiring_overvalued\"><\/span><strong>Is Motherson Sumi Wiring overvalued?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It trades at a P\/E of 37 against an industry P\/E of 42.5, with a return on equity of 32% and a dividend yield of 1.65%. The price to book of 10.79 is high because book value is small. Valuation looks reasonable if growth and margins hold, but a miss would hit the stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_Motherson_Sumi_Wiring_after_the_rally\"><\/span><strong>Should I buy Motherson Sumi Wiring after the rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> After a 10% to 13% single-day rise, short-term profit-taking is possible. Long-term investors often stagger purchases and watch margins and copper costs. Review the valuation, your time horizon and risk limits first. This is not investment advice, so consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Motherson Sumi Wiring share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Motherson Sumi Wiring traded at Rs 38.86 on the NSE at 3:25 PM IST on 2 November 2026, up Rs 3.72 or 10.59% from Rs 35.14. It opened at Rs 38, touched a high of Rs 39.90 and a low of Rs 37.61, on volume of about 17.7 crore shares. The market cap is about Rs 23,330 crore.\"}},{\"@type\":\"Question\",\"name\":\"Why did Motherson Sumi Wiring shares jump today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The shares jumped after Q2 FY27 results showed net profit up 35% to Rs 223.37 crore and revenue up 47% to Rs 4,053.83 crore. Profit rose 54% from the previous quarter. Emkay Global reiterated a positive view with a target of Rs 45, and higher content per vehicle and new plants drove growth.\"}},{\"@type\":\"Question\",\"name\":\"What were Motherson Sumi Wiring's Q2 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Net profit was Rs 223.37 crore against Rs 165.34 crore, revenue from operations was Rs 4,053.83 crore against Rs 2,761.86 crore, and EBITDA was about Rs 374 crore, up 34%. EBITDA margin was about 9.2%, lower than 10.2% a year earlier. H1 FY27 revenue was Rs 7,461.09 crore, up 42%.\"}},{\"@type\":\"Question\",\"name\":\"What is the Motherson Sumi Wiring target price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Emkay Global has a positive view with a target price of Rs 45, about 16% above Rs 38.86. Other brokerages may have different targets, and targets are revised after results. Check recent research notes and the company's disclosures before relying on a target.\"}},{\"@type\":\"Question\",\"name\":\"Why did the EBITDA margin fall?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The EBITDA margin slipped to about 9.2% from 10.2% a year earlier, with copper inflation and the cost of ramping up greenfield plants cited as pressures. Revenue grew faster than profit as a result. Management manages cost pressure through negotiations with automakers, so watch how quickly costs are passed through.\"}},{\"@type\":\"Question\",\"name\":\"How much of Motherson Sumi Wiring's revenue comes from EVs?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Electric vehicles accounted for about 10% of revenue in Q2 FY27 and about 9.3% in H1 FY27. The company supplies wiring harnesses for both EV and ICE platforms, and says higher content per vehicle and zonal architecture should support growth. The EV share can change with customer programmes.\"}},{\"@type\":\"Question\",\"name\":\"Is Motherson Sumi Wiring overvalued?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It trades at a P\/E of 37 against an industry P\/E of 42.5, with a return on equity of 32% and a dividend yield of 1.65%. The price to book of 10.79 is high because book value is small. Valuation looks reasonable if growth and margins hold, but a miss would hit the stock.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy Motherson Sumi Wiring after the rally?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"After a 10% to 13% single-day rise, short-term profit-taking is possible. Long-term investors often stagger purchases and watch margins and copper costs. Review the valuation, your time horizon and risk limits first. This is not investment advice, so consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Motherson Sumi Wiring share price rallied up to 13% on 2 November 2026 after Q2 profit rose 35% and revenue 47%. Emkay&#8217;s Rs 45 target, margin slip, valuation and risks explained.<\/p>\n","protected":false},"author":34,"featured_media":335079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5331],"tags":[5469,19311,19313,19312,8942,7038,19314],"class_list":["post-335080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-https-univest-in-blogs-category-results","tag-auto-components","tag-motherson-sumi-wiring","tag-motherson-sumi-wiring-q2-results","tag-motherson-sumi-wiring-share-price","tag-motherson-sumi-wiring-target-price","tag-q2-fy27-results","tag-wiring-harness"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["335079"],"rank_math_title":["Motherson Sumi Wiring Share Price Jumps 13% on Q2: Target"],"rank_math_description":["Motherson Sumi Wiring share price rallied up to 13% on 2 Nov 2026 after Q2 profit rose 35% to Rs 223 crore, revenue 47%. Emkay target Rs 45. 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