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Motherson Sumi completes acquisition of 55% stake in CIM ToolsIn October last year, MSSL had announced acquiring a 55 per cent stake in CIM Tools Private Limited (CIM), which is a leading supplier in t...- Motherson Sumi Q1 results: Co reports net profit at Rs 368 croreConsolidated total revenue from continuing operations stood at Rs 16,157.35 crore during the quarter under review. It was at Rs 8,348.35 cr...
- Motherson Sumi gets shareholders' nod for proposed group restructuringThe company said for the NCLT convened meeting regarding the scheme of reorganisation, the voting results showed that 99.44 per cent of the...
- Proxy advisory firms give thumps up to Motherson Sumi restructuringMSSL is seeking shareholders’ approval for the proposed related party transactions and e-Voting has been scheduled between 26 and 28 of Apr...
- Auto components major Motherson expects demand to be normal by OctoberVC Sehgal, chairman of Motherson Sumi Systems Limited (MSSL), said while recovery in demand in India after the lockdown has been weak compa...
- Motherson Sumi shares tank over 9% after group restructuring announcementReacting to the development, the stock plunged 9 per cent to Rs 94.30 on the BSE.
- Motherson Sumi Systems approves group reorganisation planThe Board also approved the merger of SAMIL, the principal holding company of Motherson Group.
- MSSL board gives in-principle nod to raise Rs 1,000 crore to enhance liquidity during pandemicMSSL said it has created multiple internal task forces to monitor the situation on a daily basis across all its plants.
- Motherson Sumi Q2 profit falls 16% to Rs 495 croreOverall expenses during the quarter under review were at Rs 14,424.35 crore.
- Here's all about Vivek Chaand Sehgal's MSSL which is set to buy Bosch LLC arm for $600 mnTill the turn of the century, MSSL was a domestic-focused company with zero exports. By fiscal year 2006, some 29% of revenues were from ov...
- Motherson Sumi likely to foray into railways segment through PKC acquisitionPKC has over 20 manufacturing facilities across Russia, Lithuania, Serbia, Poland, Estonia, Finland, China, United States, Brazil and Mexic...
- Motherson Sumi Q3 net up 21% at Rs 307 croreThe company’s consolidated revenues stood at Rs 9,676 crore during the quarter as against Rs 8,950 crore in the year-ago period.
- Motherson Sumi Systems Q2 net profit surges over 2-fold to Rs 287 croreMSSL reported an over two-fold increase in its consolidated net profit at Rs 286.89 crore for the September quarter, aided by robust sales.
- Motherson shares soar nearly 13 per cent on stellar earningsMSSL today reported over two-fold increase in consolidated net profit at Rs 249.60 crore for the third quarter ended December 31, 2013, pri...
- Motherson Sumi System acquisition looks beneficial in long termThe latest overseas acquisition by Motherson Sumi System will help the company expand its presence in Europe.
- Motherson Sumi to merge three group firms with itselfMotherson Sumi Systems Ltd (MSSL) on Thursday said it will merge three group firms with itself as it looks to consolidate business.
- Motherson outperforms the benchmark SensexAt current price stock looks expensive against average P/E of 26 for auto part companies.
- MSSL Q4 net up by 37 per centAuto component maker Motherson Sumi Systems Ltd (MSSL) on Tuesday reported a 37 per cent increase in its consolidated net profit at Rs 241 ...
- M&M agri arm ties up with Dutch coThe Mahindra & Mahindra (M&M) group’s agri-business initiative, Mahindra ShubhLaabh Services (MSSL), has signed a strategic alliance with t...
- M&M in JV with Capespan to drive retailStepping on the gas to drive its retail ambitions, the Mahindra & Mahindra Group has inked a 50:50 JV with a South African international su...
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