Motherson Sumi Wiring India Limited
Canara Robeco Mutual Fund entered Motherson Sumi Wiring India with 6,74,74,888 shares, representing a 1.02% stake in the company. The position is valued at ₹272.26 crore based on a share price of ₹40.34.
A leading manufacturer of wiring harnesses and electrical components for the Indian automotive industry, Motherson Wiring operates as a joint venture between Sumitomo Wiring System and the Motherson Group. The company specializes in designing and producing complex wiring solutions for passenger vehicles, commercial vehicles, and two-wheelers, serving major automakers across India. Its vertical integration capabilities, advanced manufacturing facilities, and established customer relationships position it as a dominant player in the domestic wiring harness sector.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.