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...
30 Apr, 2021, 03.30 PM IST
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...
20 Oct, 2020, 08.53 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
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.
03 Jul, 2020, 03.46 PM IST
Motherson Sumi Systems' shares drop 5.5% after Q3 earningsOn the NSE, the scrip fell 5.17 per cent to close at Rs 125.45.
10 Feb, 2020, 06.13 PM IST
Motherson Sumi consolidated net profit dips 42% in Q1Revenues from operations during the period under consideration went up 14% to Rs 16792.63 cr.
12 Aug, 2019, 08.54 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 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
Motherson Sumi slumps as client VW runs into regulatory troubleMotherson Sumi fell 9% on Tuesday amid concerns that regulatory problems being faced by VW, may weigh on its business prospects.
22 Sep, 2015, 04.18 PM IST
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...
31 Jan, 2014, 05.26 PM IST
- Motherson Sumi Systems Q1 net profit rises 10%
Auto component-maker Motherson Sumi Systems on Friday reported a 9.61 per cent jump in consolidated net profit.
29 Jul, 2011, 02.08 PM IST
- Motherson Sumi System acquisition looks beneficial in long term
The latest overseas acquisition by Motherson Sumi System will help the company expand its presence in Europe.
14 Jul, 2011, 05.07 PM IST
- Motherson Sumi Ststems Q4 net down 2 pc; stock up
Auto component maker Motherson Sumi Systems Ltd today reported a 2.1 per cent decline in its net profit for the fourth quarter ended March ...
25 May, 2011, 02.37 PM 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