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Samvardhana Motherson shares zoom 6% after announcing EUR 50 mn cost optimisation driveSamvardhana Motherson International announced a cost optimisation initiative targeting EUR 50 million in savings to enhance profitability a...- Samvardhana plans overseas bond sales to raise over $500 millionThe company roped in HSBC to reach out to investors in a non-deal roadshow earlier this week and it may consider issuing overseas bonds in ...
- 3 stocks from Nifty Auto index which may rise up to 19%Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - e...
- Samvardhana Motherson Q2 Results: Company posts net profit of Rs 246 croreThe company had posted net profit of Rs 83 crore in the corresponding period of the last financial year.Revenues in the period under review...
- Motherson Group forms partnership with Marelli Automotive LightingThe partnership intends to focus on components such as front grills and bumpers, along with other car parts that can be illuminated. These ...
- 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...
- 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...
- 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.
- 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...
- Motherson Sumi Systems approves group reorganisation planThe Board also approved the merger of SAMIL, the principal holding company of Motherson Group.
- Buy Motherson Sumi, target price Rs 108: Motilal OswalThe brokerage maintains a positive view on Motherson Sumi owing to stabilization of the greenfield plant, execution of strong order book of...
- Motherson Sumi Systems Q2 net profit falls 7.6% to Rs 457.82 croreThe company had posted a consolidated net profit of Rs 495.48 crore.
- Motherson Sumi climbs 4% after inking pact to acquire Reydel AutomotiveReydel manufactures interior components and modules for global automotive customers.
- Motherson Sumi to acquire Reydel Automotive Group for $ 201 millionReydel Automotive Group – a privately held portfolio company of Cerberus Capital Management- manufactures interior components and modules f...
- 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 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 Q2 Net up 26% at Rs 438.41 croreTotal income from operations of the company rose to Rs 10,332.59 crore during the period under review, up 14.31 per cent, as against Rs 9,0...
- 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 Sumi Systems Ltd gets orders worth Rs 15,400 crore from Germany's DaimlerThe move would help capacity expansion in existing plants in Germany as well as new machines, tools and product development efforts.
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