Samvardhana Motherson Automotive signs pact to buy German firm for EUR 540 mnCompletion of the envisaged transaction will be subject to customary regulatory approvals and is expected by the second quarter of FY24, th...
SAMIL continues to be cautious about Q3 & Q4: Vivek Chaand Sehgal“ We have taken rectification measures and efficiency programmes across our different business divisions which have also helped. Going forw...
Samvardhana Motherson Automotive to acquire mirror business of Japan's Ichikoh IndustriesAuto components maker Samvardhana Motherson Automotive Systems Group BV will fully acquire the mirror business of Japan's Ichikoh Industrie...
Samvardhana Motherson buys majority stake in Chinese firmThe proposed deal is expected to be completed within three months from the date of signing, subject to necessary approvals, Samvardhana Mot...
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...
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 ...
Buy Motherson Sumi, target price Rs 300: Motilal OswalMotherson Sumi Systems Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 84980.01 Crore) operating in ...
Motherson Group completes acquisition of majority stake in Turkey's Plast Met GroupIn January this year, the group had announced that the acquisition is being carried out by Samvardhana Motherson Automotive Systems Group B...
Buy Motherson Sumi Systems, target price Rs 225: Motilal OswalMotherson Sumi Systems Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 62306.04 Crore) operating in ...
Buy Motherson Sumi Systems, target price Rs 150: Motilal OswalMotherson Sumi Systems Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 40389.98 Crore) operating in ...
Motherson Group rejig plan fails to enthuse investorsSome analysts said the deal would be beneficial for the company in the long run.
Motherson Sumi okays business rejig; what’s in it for minority shareholders?Post restructuring, the promoters’ shareholding would increase to 68.15% from 61.73%.
Buy Motherson Sumi, target price Rs 118: JM FinancialThe brokerage believes that just like in the 2008 Global Financial Crisis, the recent scrapping of incentives announced by major EU countri...
Up to 150% surge! After coronavirus hit, this stock could be a multibagger in the making!Based on recent mgmt commentary, analysts have cut earnings estimates for the company.
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 drops 3%; brokers unhappy about outlookThe stock fell 3.23 per cent to hit a low of Rs 315.80 on BSE. Foreign brokerage Citi Group has maintained a sell rating on the stock with ...