Buy Samvardhana Motherson International, target price Rs 155: BNP Paribas

BNP Paribas has buy call on Samvardhana Motherson International with a target price of Rs 155.
The current market price of Samvardhana Motherson International Ltd. is Rs 108.5.

Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 48654.71 Crore) operating in Auto Ancillaries sector.


Samvardhana Motherson International Ltd. key Products/Revenue Segments include Auto Electricals, Sale of services, Scrap, Other Operating Revenue, Export Incentives, Job Work for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 17712.55 Crore, up 2.23 % from last quarter Total Income of Rs 17326.07 Crore and up 8.59 % from last year same quarter Total Income of Rs 16312.13 Crore. Company reported net profit after tax of Rs 180.14 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 68.16 per cent stake in the company as of 30-Jun-2022, while FIIs owned 9.58 per cent, DIIs 10.41 per cent.