If you’re hunting for the mother sumi share price on your trading app, you might’ve noticed something weird. The name "Motherson Sumi Systems" basically doesn't exist anymore on the NSE or BSE. It’s a bit of a ghost. In 2022, the company went through a massive identity makeover. Now, if you want the main business, you’re looking for Samvardhana Motherson International Limited (SAMIL). If you want the domestic wiring side, it's Motherson Sumi Wiring India Limited (MSWIL).
Investors still use the old name. It’s habit. Honestly, it’s like calling X "Twitter"—the brand is just stuck in our heads. But if you’re trying to put money to work in 2026, you need to know which "Motherson" you’re actually buying.
The Great Split: One Stock Became Two
Back in the day, everything was under one roof. Then the management decided to simplify things—or complicate them, depending on how you look at a demerger.
They carved out the Indian wiring harness business. That became Motherson Sumi Wiring India. It’s the "pure play" on the Indian auto market. If Maruti Suzuki or Tata Motors sells more cars, this stock usually feels it first.
The rest of the empire—the global mirrors, the bumpers, the lighting, the massive overseas acquisitions—stayed with the parent, now called Samvardhana Motherson International.
As of January 16, 2026, here is how the land lies:
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- Samvardhana Motherson International (MOTHERSON): Trading around ₹114.80. It’s the big fish with a market cap crossing ₹1.22 trillion.
- Motherson Sumi Wiring India (MSUMI): Trading at roughly ₹45.35. It’s smaller, more focused, and usually carries a higher valuation multiple because of its high Return on Equity (ROE).
Why the mother sumi share price is Moving Right Now
The stock isn't just sitting there. It’s sensitive. Very sensitive.
In late 2025 and heading into 2026, the story hasn't been about simple car parts. It’s about premiumization. Cars in India aren't just "budget" anymore. People want sunroofs, ADAS, and fancy interiors. Every time a car gets "fancier," it needs more wiring and more modules. That’s more revenue for Motherson without even needing to sell more cars—just better ones.
But there’s a catch.
Europe is still a bit of a headache. Samvardhana Motherson has huge exposure there. When German carmakers struggle with energy costs or supply chains, the mother sumi share price (the parent company) takes a hit.
Analyst Takes and Target Prices
Brokerages like YES Securities and JM Financial have been fairly vocal lately. YES Securities recently put a "Buy" on the parent company with a target of ₹143, citing a massive order book of over $80 billion. That's a lot of mirrors and cockpits.
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On the other hand, technical analysts are a bit more cautious. The stock has been facing some resistance near the ₹118 mark. It’s been in a bit of a "sell on rise" mode for the short term, mostly because of global macro jitters.
The EV Factor: Risk or Reward?
There’s a common myth that Electric Vehicles (EVs) will kill wiring harness companies. It’s actually the opposite.
An EV requires significantly more complex wiring than a standard internal combustion engine car. We’re talking about high-tension cables and much more sophisticated data lines. Motherson Sumi Wiring India has been leaning into this hard. Their ROCE (Return on Capital Employed) is often north of 40%, which is basically unheard of for a "boring" manufacturing company.
Should You Care About the Fundamentals?
If you're a numbers person, you’ve probably noticed the P/E ratios look a bit "rich."
- MSUMI (Wiring) trades at a P/E of around 50.
- SAMIL (International) trades closer to 37.
Is it expensive? Maybe. But you’re paying for the moat. It’s incredibly hard for a new competitor to come in and tell Mercedes-Benz, "Hey, let us handle your global mirror supply chain." Motherson has those relationships locked down.
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What to Watch Next
Don't just stare at the daily ticker. That’s a recipe for a headache.
Keep an eye on the quarterly margins. In the latest reports, the company showed a slight dip in net profit margins (around 2.7% for the parent), which spooked some retail investors. The management says this is because of "ramp-up costs" for new plants. If those margins start creeping back toward 4% or 5%, the stock could re-rate quickly.
Also, watch the debt. Motherson loves acquisitions. They buy companies like some people buy groceries. They recently closed deals with SAS Autosystemtechnik and are eyeing more in the wiring space. As long as their net-debt-to-EBITDA stays below 1.5x, the market is usually happy.
Actionable Insights for Investors
- Check the Symbol: Stop looking for "Motherson Sumi." Use MOTHERSON for the global business and MSUMI for the Indian wiring business.
- Global vs. Local: If you believe in the Indian domestic "middle class" story, the wiring business (MSUMI) is your bet. If you want a play on global auto recovery and diversification, the parent (MOTHERSON) is the one.
- Mind the Resistance: The ₹115–₹120 zone for the parent stock is a heavy supply zone. If it breaks out above that with high volume, it might be clear skies to the ₹140 targets analysts are whispering about.
- Dividend Play: Both companies are consistent dividend payers, but don't expect "growth stock" yields. It's more of a "thank you for holding" gesture.
The auto industry is shifting. Whether it's hydrogen, electric, or hybrid, the car still needs a "nervous system." That’s essentially what you’re buying here.