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...
27 Aug, 2020, 04.44 PM IST
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.
12 Aug, 2020, 11.56 AM IST
Buy Motherson Sumi,target price Rs 122: ICICI SecuritiesThe key takeaway from the business rejig is increased confidence in India business.
06 Jul, 2020, 11.41 AM IST
Motherson Group rejig plan fails to enthuse investorsSome analysts said the deal would be beneficial for the company in the long run.
04 Jul, 2020, 09.46 AM IST
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...
31 Jan, 2020, 02.11 PM IST
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.
19 Jun, 2017, 08.22 AM IST
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.
21 May, 2017, 03.02 PM IST
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...
07 May, 2017, 12.01 AM IST
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...
28 Mar, 2017, 01.26 AM IST
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...
21 Jan, 2017, 02.05 PM IST
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 ...
20 Jan, 2017, 05.42 PM IST
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...
10 Nov, 2016, 04.13 PM IST
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...
18 Feb, 2016, 12.57 PM IST
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.
03 Jun, 2014, 06.07 PM IST
- Motherson Sumi to merge three group firms with itself
Motherson Sumi Systems Ltd (MSSL) on Thursday said it will merge three group firms with itself as it looks to consolidate business.
29 Apr, 2011, 04.35 AM IST
- Auto volume growth to decide Motherson fate
Auto ancillary firm Motherson Sumi System (MSSL) posted a robust consolidated net profit growth for the quarter ended September 2010 backed...
10 Nov, 2010, 12.34 AM IST
- Motherson outperforms the benchmark Sensex
At current price stock looks expensive against average P/E of 26 for auto part companies.
11 Aug, 2010, 12.18 AM IST