The proposed deal is expected to be completed within three months from the date of signing, subject to necessary approvals, Samvardhana Mot...

In January this year, the group had announced that the acquisition is being carried out by Samvardhana Motherson Automotive Systems Group B...

The 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...

Motherson’s strategies are based on what the customer requires, Sehgal said.

The brokerage believes that just like in the 2008 Global Financial Crisis, the recent scrapping of incentives announced by major EU countri...

We are trying to address the long-standing request from Sumitomo SA to simplify the company. The board would assess our recommendations and...

The extensive drag in Tata Motors passenger vehicle business has now been arrested.

Ahead of the festive season, global brokerages have raised their 12-month target prices so far in October for firms like Tata Steel, Bharat...

The global brokerage firm believes that domestic car growth will benefit wiring harness business and fears from Samvardhana Motherson Refle...

The move is aimed to simplifying the holding structure of the Motherson Group and form a single entity for the auto components business.

The bigger disappointment was in Samvardhana Motherson Peguform (SMP) profitability as margins were flat YoY.

Top global brokerage firms in separate notes to their clients have tweaked their ratings, as well as target prices, for four stocks post Q4...

Motherson Sumi’s efforts at integration are yielding results in its European operations, a fact reflected in its swelling overseas order bo...

Motherson Sumi Systems Ltd today reported a nine-fold jump in consolidated net profit at Rs 73.20 crore for first quarter ended June 30.

Though the recent acquisition of Peguform (now SMP) has put pressure on the consolidated balance sheet in the short term, strong cash flow ...

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 ...

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 ...