Motherson Sumi eyes Wilbur Ross company IAC for $800 million buyoutThe acquisition, if completed successfully, will also help Vivek Chand Sehgal, co-founder and chairman of the Motherson Group, diversify fu...
How the second wave of Indian auto component makers crack the global acquisitions puzzleMinda though prefers to avoid debt if a loss-making company is being acquired as the debt could be a burden on the parent.
ET 500: International focus helped Motherson Sumi Systems beat domestic slumpAccording to Sehgal, the co’s focus on increasing the usage of its components per car has been one of its key business strengths in recent ...
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.
- CLSA initiates coverage on Motherson Sumi, expects 22% upside
CLSA has initiated ‘BUY’ with a target price of Rs 235 on the counter and sees a potential upside of 22 per cent from the current levels.
- 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 ...
- Our sales going stronger: Vivek Chaand Sehgal, Motherson Sumi Systems
In an interview with ET Now, Vivek Chaand Sehgal, Vice Chairman, Motherson Sumi Systems, talks about the company’s performance and future p...
- Motherson Sumi Systems is always looking for acquisitions: Vivek Chaand Sehgal
Vivek Chaand Sehgal, Chairman – Samvardhana Motherson Group & Vice Chairman – Motherson Sumi Systems Ltd in an interview with ET Now talks ...
- Auto volume growth to decide Motherson fate
Auto ancillary firm Motherson Sumi System (MSSL) posted a robust consolidated net profit growth for the quarter ended September 2010 backed...
- Motherson outperforms the benchmark Sensex
At current price stock looks expensive against average P/E of 26 for auto part companies.
- 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.
- Analyst's Pick: MID CAP: Angel Broking
MSSL’s consolidated net sales is expercted to register substantial growth in FY2010E. On the margin front, we estimate the company to regis...
- New top guns emerge from slowdown ashes
As India Inc emerges from the economic slowdown, changes in the pecking order are underway across sectors, with several nimble challengers ...
M&As: Merge and Emerge is the new mantraDealmakers see more MNCs with strong balance sheets acquiring Indian cos to expand presence in a market with huge potential in times of slo...