Announced Mon, 13 Apr · 15:59 IST

Clarification on labour protests in Noida - no material impact

Business Updates View source PDF

MSUMI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹38.52
prior close
₹39.08
base price
After-mkt
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+0.2+0.1-0.3+0.1+2.6+2.9+1.4+3.9+7.4+3.8+11.4+4.1-1.2+2.9
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AI summary

Motherson Sumi Wiring India clarified that recent labour protests in Noida and other cities, driven by misinformation about wage revisions, are a broader multi-industry issue. The company stated operations remain compliant with all applicable laws with no material impact, employee safety is a priority, and authorities are working to restore normalcy.

Likely market impact

Neutral to minor — company confirms no material impact; broader industry issue. Monitor for any operational disruption updates.