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This auto ancillary stock soars 13% after Q2 PAT jumps 35% YoY. Do you own it?
Finance · 2 updates
This auto ancillary stock soars 13% after Q2 PAT jumps 35% YoY. Do you own it?
Shares of Motherson Sumi Wiring rallied as much as 13% to day’s high of Rs 39.70 on the BSE on Monday after the company reported a net profit of Rs 223 crore in the second quarter of FY27, marking a 35% YoY jump from Rs 165 crore in the year-ago period.The auto ancillary company’s revenue from operations came in at Rs 4,504 crore, registering an impressive increase of 47% from Rs 2,752 crore posted in the corresponding quarter of the previous financial year, the company said in a regulatory filing.The company said premiumisation-led growth, driven by higher content per vehicle and new wins acr
Trident shares rally 13% after Q2 net profit jumps 93% to Rs 175 crore; firm plans Rs 4,650 crore capex
Shares of Trident rallied as much as 13% to their day’s high of Rs 25.18 on the BSE on Tuesday after the company reported a net profit of Rs 175.50 crore for the second quarter of FY27, marking a 93.1% increase from Rs 90.9 crore posted in the same period last year.The company’s revenue from operations came in at Rs 1,719.50 crore for the quarter under review, down 4% from Rs 1,787 crore reported in the corresponding quarter of the previous financial year.Trident's EBITDA, or earnings before interest, tax, depreciation and amortisation, climbed 46.5% to Rs 313.7 crore in Q2FY27 from Rs 214.1 c
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