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MOTHERSON GROUP INVESTMENT
Rupee slide to 94-95 is a goldmine for these 3 sectors, says Amisha VoraThe Indian rupee's significant fall presents a major investment opportunity. Experts advise focusing on export-oriented sectors like pharma...- Samvardhana Motherson inaugurates automotive lighting plant in SanandSamvardhana Motherson International has opened a new manufacturing plant in Sanand, Gujarat. This facility will produce exterior lighting s...
- Marelli files for Chapter 11 bankruptcy in US as hedge funds take controlMarelli Holdings, grappling with $4.4-4.5 billion in debt, has filed for Chapter 11 bankruptcy in the US, offering a respite from financial...
- Motherson's Marelli takeover faces US hedge fund bumpSamvardhana Motherson is preparing to compete with Strategic Value Partners (SVP) for the acquisition of Marelli Holdings. Motherson is rep...
- Samvardhana Motherson shares climb 6% on joining Apple’s supply chain networkSamvardhana Motherson's shares increased by 5.5% as the company announced plans to join Apple's supply chain in India, partnering with BIEL...
- Motherson JV set to join Apple vendors' family circle in IndiaMotherson Group has joined Apple's supply chain network in India in partnership with BIEL Crystal Manufactory. They will set up a manufactu...
- Buy Samvardhana Motherson International, target price Rs 130: JM FinancialThe brokerage believes, the group with its global presence, an expanding portfolio of powertrain-agnostic products and a wide customer base...
- Motherson Group ready to make chips, looks for a global partnerThe Tata Group and the Vedanta Group have both committed to investing in the semiconductor space in India. New Delhi will also be incentivi...
- 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...
- Motherson Group looking at distributing Covid-19 vaccine through its logistics bizThe Group expects 25% of its turnover will come from these new ventures in the next five years. The Motherson Group recently raised close t...
- 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...
- Stock Ideas: Prabhudas Lilladher has a buy call on Motherson Sumi, target price Rs 116The company now focuses on diversification of revenue base to 3CX10 strategy (no customer, country and component would account for more tha...
- 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 through subsidiary forms JV with Ossia IncMotherson Innovations Company Limited(MI) – a subsidiary of Samvardhana Motherson Automotive Systems Group B.V.(SMRPBV) - will hold majorit...
- 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.
- Motherson Sumi board may take up restructuring proposal with Q1 results: SourcesThe move is aimed to simplifying the holding structure of the Motherson Group and form a single entity for the auto components business.
- Motherson Sumi hits dollar bonds market, raises $300 million.The coupon is 3.67 percentage points over five-year US Treasury bill. The bonds are rated BB+, putting them in the high-yield, or junk, cat...
- Motherson Sumi rallies on order win from DaimlerShares of Motherson Sumi rallied over 7 per cent in early trade as its subsidiary bagged ever order from German car-maker Daimler.
- All eyes on Samvardhana Motherson Finance's 1,665-crore IPOThe IPO is a combination of fresh issue of equity shares and an offer for sale from a promoter group entity and has been priced at 113-118 ...
- Motherson Sumi Q1 PAT soars five-fold; to invest Rs 500 crAuto component maker Motherson Sumi Systems today said it will invest up to Rs 500 crore in setting up four new facilities this fiscal.
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