Motherson Sumi Wiring India shares list today

28 Mar 2022 , 01:21 PM

Shares of Motherson Sumi Wiring India Ltd made its debut today after demerger was announced a couple of months ago. The company’s shares, demerged entity of Motherson Sumi Systems, rose as much as 5 per cent.

The shares listed at Rs66 on BSE, following which the counter hit the upper circuit of 5 per cent at Rs69.30. On NSE, the stock opened at Rs65.20 and hit a high of Rs68.45 so far in trade.

At the time of the demerger on January 17, the market valued this division at Rs.34.8 per share.

Trading Members of the Exchange are hereby informed that effective from March 28, 2022, the equity shares of Motherson Sumi Wiring India Ltd (Scrip Code: 543498) are listed and admitted to dealings on the Exchange in the list of ”T” Group Securities.