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MSSL GLOBAL WIRING LTD
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...- Demand in India's car market to stay strong in FY22, says Motherson GroupWhile commercial vehicle sales are beginning to come out of a trough, car sales are strong because of increasing consumer preference for pe...
- MSSL signs strategic agreement to acquire Bombardier’s Electrical Wiring Interconnection Systems businessMRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs and electrical distribu...
- 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...
- Brokerages bullish on Motherson Sumi despite Rs 1,192 crore loss in Q1; here’s whyThe auto components maker hard reported a net profit of Rs 360.64 crore in the same quarter last fiscal.
- Buy Motherson Sumi,target price Rs 122: ICICI SecuritiesThe key takeaway from the business rejig is increased confidence in India business.
- Motherson Group rejig plan fails to enthuse investorsSome analysts said the deal would be beneficial for the company in the long run.
- We have recommended to vertically split Motherson Sumi: Vivek Chaand SehgalWe are trying to address the long-standing request from Sumitomo SA to simplify the company. The board would assess our recommendations and...
- Motherson Sumi's Dutch unit plans € 500-m bond saleThe company is likely to spend as much as Rs 2k crore on capital expenditure this fiscal.
- Motherson Sumi lines up Rs 2,000 cr capex for FY18Besides organic growth, MSSL is also focusing on acquisitions across various geographies to scale up its operations.
- 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...
- ET Profile: VC Sehgal & the art of M&A management“We have been studying this company for the last eight months and we became very sure that this company was worth going for so we brought t...
- Motherson Sumi rallies 4% on PKC’s acquisition for Rs 4,150 croreMotherson Sumi said it would make a voluntary, recommended public tender offer to acquire all the issued and outstanding shares and option ...
- Motherson Sumi rises 6% on reporting 26% jump in Q2 net profitTotal income from operations increased to Rs 10,332.59 crore during the period, up 14.31 per cent from Rs 9,038.78 crore reported for the s...
- Motherson Sumi eyes Wilbur Ross company IAC for $800 million buyoutThe acquisition, if completed successfully, will also help Vivek Chand Sehgal, co-founder and chairman of the Motherson Group, diversify fu...
- Samvardhana Motherson Group Chairman: Our strategies are more attuned to global marketsMotherson Sumi Systems, India’s largest automotive component maker, purchased US-based Stoneridge for $65.7 mn, to expand its customer base.
- 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.
- Auto volume growth to decide Motherson fateAuto ancillary firm Motherson Sumi System (MSSL) posted a robust consolidated net profit growth for the quarter ended September 2010 backed...
- Motherson outperforms the benchmark SensexAt current price stock looks expensive against average P/E of 26 for auto part companies.
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