Buy Samvardhana Motherson International, target price Rs 130: JM FinancialThe brokerage believes, the group with its global presence, an expanding portfolio of powertrain-agnostic products and a wide customer base...
11 Sep, 2023, 11.55 AM IST
Apollo Tyres, Samvardhana Motherson among BSE Auto index stocks which hit new 52-week highsApollo Tyres, a leading manufacturer of automotive tires, achieved a significant milestone by hitting a new 52-week high of Rs 433.75. The ...
11 Jul, 2023, 05.36 PM IST
Samvardhana Motherson arm to buy Cirma SAS for Rs 7.2 millionSamvardhana Motherson Automotive Systems Group BV (SMRPBV) has signed a binding undertaking to acquire a 100% stake in Cirma Entreprise fro...
15 Jun, 2023, 11.54 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
Samvardhana Motherson shares tumble 14% amid block dealThe consensus recommendation from 17 analysts for the stock is a buy. Out of the 17 analysts covering the stock, 13 have strong buy and buy...
16 Mar, 2023, 11.53 AM IST
Promoter Sumitomo Wiring likely to sell 3.4% stake in Samvardhana Motherson via block deal on ThursdaySumitomo Wiring will sell about 230 million shares in the company in a deal that is valued at Rs 1,607 crore. The promoter company held abo...
15 Mar, 2023, 08.48 PM IST
Samvardhana Motherson's acquisition of SAS neutral for its rating: FitchFitch rates Samvardhana Motherson on the consolidated profile of its stronger parent, Samvardhana Motherson International Limited (SAMIL), ...
23 Feb, 2023, 07.43 PM IST
Japan's Sojitz Corporation sells 12.8 crore shares in Samvardhana MothersonSojitz Corporation was established out of the union of Nichimen Corporation and Nissho Iwai Corporation
18 Oct, 2022, 10.41 PM IST
Samvardhana Motherson tanks 7%, hits fresh 52-week low; here's whyJapan-based Sojitz Corp had announced that it would sell a 1.9% stake in the midcap auto component major Samvardhana Motherson through a bl...
18 Oct, 2022, 01.22 PM IST
Motherson Group ready to make chips, looks for a global partnerThe Tata Group and the Vedanta Group have both committed to investing in the semiconductor space in India. New Delhi will also be incentivi...
30 Mar, 2022, 12.49 AM IST
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...
08 Oct, 2021, 06.25 PM IST
Motherson Sumi gets shareholders' nod for proposed group restructuringThe company said for the NCLT convened meeting regarding the scheme of reorganisation, the voting results showed that 99.44 per cent of the...
30 Apr, 2021, 03.30 PM IST
Motherson Group rejig plan fails to enthuse investorsSome analysts said the deal would be beneficial for the company in the long run.
04 Jul, 2020, 09.46 AM IST
- Matsui Tech sets up joint venture with Frigel for cooling solutions
The joint venture is named Frigel Intelligent Cooling Systems India and will enable both partners to significantly enhance the quality of t...
24 Apr, 2018, 07.39 AM IST
Motherson Sumi climbs 4% after inking pact to acquire Reydel AutomotiveReydel manufactures interior components and modules for global automotive customers.
03 Apr, 2018, 04.16 PM IST
Motherson Sumi to acquire Reydel Automotive Group for $ 201 millionReydel Automotive Group – a privately held portfolio company of Cerberus Capital Management- manufactures interior components and modules f...
02 Apr, 2018, 05.21 PM IST
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...
09 Jan, 2018, 09.52 PM IST