Japanese promoter Sumitomo sells 4.4% stake in Samvardhana in Rs 3,630-crore bulk dealSumitomo has offloaded about 30 crore shares or 4.42% stake in the company at Rs 121 apiece, according to exchange data. This takes the dea...
06 Mar, 2024, 07.38 PM IST
Samvardhana Motherson shares fall 6% on promoter's 4.7% likely stake sale via block dealThe deal triggered strong volume action in the stock with over 41.84 crore shares changing hands on the NSE around 10:50 am. The total trad...
06 Mar, 2024, 11.46 AM IST
Promoter Sumitomo to sell 6% stake in Samvardhana Motherson via block deal: ReportThe stake sale will be worth about Rs 4,500 crore and JP Morgan and ICICI Securities will act as the bankers on behalf of Samvardhana, ET N...
05 Mar, 2024, 08.35 PM IST
Motherson Sumi Wiring Q4 Results: Firm reports near three-fold surge in profitMotherson Sumi Wiring India Ltd. reported a nearly three-fold jump in quarterly profit on Tuesday on the back of a recovery in the automoti...
19 May, 2023, 03.46 PM IST
Promoter Sumitomo Wiring sells nearly 5% stake in Samvardhana Motherson via block dealAccording to the shareholding data available with the exchanges, 68.16% stake is held by promoter and promoter group, while the rest lies w...
16 Mar, 2023, 10.00 PM IST
Sumitomo Wiring Systems sells 3.4 pc stake in Samvardhana Motherson International"Today, SWS has sold a 3.4 per cent shares held in SAMIL through bulk deal at stock exchange in India as part of global deleveraging strate...
16 Mar, 2023, 05.33 PM IST
Motherson Sumi Wiring Q3 Results: Firm misses profit view on higher costsThe company, in which Japan's Sumitomo Wiring Systems holds a 25% stake, makes wiring harnesses and other electrical wires that are used in...
07 Feb, 2023, 03.24 PM IST
Motherson Sumi Wiring rallies 7% as board to consider bonus share issueMotherson Group is a leading manufacturer of components for the automotive and transport industries and renames Motherson Sumi Systems to S...
28 Sep, 2022, 11.09 AM IST
Motilal Oswal initiates coverage on MSWI with 'buy' rating; sees over 29% upsideThe brokerage house has initiated with a 'Buy' rating on the stock with a target price of Rs 80, signaling a potential upside of 29 per cen...
17 Jun, 2022, 07.12 PM IST
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%.
03 Jul, 2020, 02.19 PM IST
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...
31 Jan, 2020, 02.11 PM IST
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.
21 May, 2017, 03.02 PM IST
Motherson board to meet next week to evaluate fund-raisingA meeting of the board of directors will be held on August 3 to discuss and evaluate the various fund-raising options including capital iss...
30 Jul, 2016, 05.42 PM IST
Motherson Sumi Systems Q1 profit jumps nine fold to Rs 73.2 croreMotherson Sumi Systems Ltd today reported nearly nine-fold rise in its consolidated net profit at Rs 73.20 crore.
31 Jul, 2013, 03.33 PM IST
- Motherson Sumi drops fund-raising plans
The last minute withdrawal of fund-raising plans by auto parts maker Motherson Sumi has raised eyebrows among the investing community.
19 Mar, 2013, 06.35 AM IST
- Motherson Sumi to merge three group firms with itself
Motherson Sumi Systems Ltd (MSSL) on Thursday said it will merge three group firms with itself as it looks to consolidate business.
29 Apr, 2011, 04.35 AM IST
- Motherson Sumi Q1 PAT soars five-fold; to invest Rs 500 cr
Auto component maker Motherson Sumi Systems today said it will invest up to Rs 500 crore in setting up four new facilities this fiscal.
10 Aug, 2010, 03.54 PM IST