News Title: Motherson Sumi Share Price 06 April 2024 📈💰
At present, the Indian stock market is witnessing a strong business trend. In such times, many companies’ shares are attracting investors for investment. One such stock is Motherson Sumi Wiring Company. The company is doing business with several OEMs, and its electric vehicle business is rapidly growing.
Brokerage firm MK Global’s experts have recommended buying Motherson Sumi Wiring Company’s shares. According to analysts, the company’s shares could touch a price of 80 rupees in a short period. This means that investors can easily earn a profit of 13-14% compared to the current price. Motherson Sumi Wiring Company’s shares rose by 8% last week and have been showing an upward trend for the past eight days.
According to experts, the rise in demand for passenger vehicles is the result of the increase in Motherson Sumi Wiring Company’s shares. In addition, the motor vehicle market is growing rapidly due to electric vehicles. In this scenario, brokerage firm experts have advised buying Motherson Sumi Wiring shares. Experts have set a target price of 80 rupees for this share.
Motherson Sumi Wiring Company’s shares had a high of 75 rupees in the last 52 weeks, while the low was 48 rupees. In the past eight days, the company’s shares have risen from 61 rupees to 71 rupees. In the last week, the company’s shares have given a return of 8% to its investors. In the past year, the company’s share price has increased by 40%.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
