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SAMVARDHANA MOTHERSON REFLECTEC
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...
Europe facing leadership crisis; India a like-minded ally: Balazs OrbanThe Ukraine war has shown that Europe is struggling with a leadership crisis and lacks strategic autonomy, but there is optimism outside wi...
Motherson Sumi Systems' board approves fundraising of up to Rs 1,000 cr via NCDsThe company's board of directors in its meeting held on Monday approved the issuance of rated, listed, unsecured, redeemable NCDs of a face...
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 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...
Motherson Sumi to acquire 75% equity stake in two companies of Turkey-based Plast Met groupThe all-cash deal is subject to regulatory approvals and is expected to be closed in the coming three months, the company said in a stateme...
What makes Motherson Sumi gung-ho on post-Covid market?Motherson’s strategies are based on what the customer requires, Sehgal said.
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...
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...
Tata Motors India biz shaping up, JLR a concern: Jay Kale, Elara CapitalThe extensive drag in Tata Motors passenger vehicle business has now been arrested.
Tata Steel, Bharat Forge among top 5 stocks for which brokerages have raised target prices in OctoberAhead of the festive season, global brokerages have raised their 12-month target prices so far in October for firms like Tata Steel, Bharat...
- Buy Motherson Sumi Systems, target Rs 390 : HSBC
The global brokerage firm believes that domestic car growth will benefit wiring harness business and fears from Samvardhana Motherson Refle...
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.
- Underperform on Motherson Sumi with a target at Rs 240: Credit Suisse
The bigger disappointment was in Samvardhana Motherson Peguform (SMP) profitability as margins were flat YoY.
Top 5 stocks where global brokerage firms tweaked their rating post Q4 resultsTop global brokerage firms in separate notes to their clients have tweaked their ratings, as well as target prices, for four stocks post Q4...
European operations puts Motherson Sumi's overseas order book on fast trackMotherson Sumi’s efforts at integration are yielding results in its European operations, a fact reflected in its swelling overseas order bo...
Motherson Sumi Q1 profit jumps nine-fold to Rs 73.2 crMotherson Sumi Systems Ltd today reported a nine-fold jump in consolidated net profit at Rs 73.20 crore for first quarter ended June 30.
- ET Wealth: Motherson Sumi Systems poised to grow
Though the recent acquisition of Peguform (now SMP) has put pressure on the consolidated balance sheet in the short term, strong cash flow ...
- Avoid Samvardhana Motherson Finance IPO: Angel Broking
Valuations do not provide a sufficient margin of safety to investors, the brokerage said. It arrived at a value of Rs 97/share against the ...
- All eyes on Samvardhana Motherson Finance's 1,665-crore IPO
The 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 ...