Motherson Sumi Wiring India (MSWI), a demerged entity of Motherson Sumi Systems (MSS), is likely to derive earnings growth through higher content per vehicle amid rising premiumisation in cars and improving exposure to electric vehicles (EVs). On Monday, the demerged entity was listed on bourses. The stock closed 5% lower at Rs 62.7 clocking a market capitalisation of Rs 19,800 crore.
MSWI has been carved out of MSS after a recent .