Motherson Sumi System News

Markets

Samvardhana Motherson shares surge on new acquisition. What this deal means for the stock?

Samvardhana Motherson Automotive shares rallied more than 2% to ₹84 apiece on the BSE

1 min read20 Feb 2023
Markets

Sanjiv Bhasin's stock picks for next week: Axis Bank, GAIL....

Sanjiv Bhasin of IIFL Securities has recommended short term traders to buy Axis Bank shares this week

3 min read11 Dec 2022
Markets

Sanjiv Bhasin's stock picks for next week: Samvardhana Motherson, JSPL ...

Sanjiv Bhasin of IIFL Securities believes that Nifty is likely to find support at 17,650 levels whereas it is expected to face resistance at 18,050 mark

1 min read29 Oct 2022
Markets

Auto stock hits 52-week low, just announced bonus share record date

Dividend paying auto stock has hit 52-week low on second successive day in a row

2 min read28 Sep 2022
Companies

Motherson aims to diversify operations

In the next five years, around 23-25% of our revenues will be diversified out of non-automotive, says Laksh Vaaman Sehgal

2 min read17 Sep 2020
Markets

Motherson Sumi’s virus update fires up stock, but concerns loom

Even before the virus outbreak, firm was facing the impact of a slowdown due to the pain in global auto industryIts measures to enhance liquidity to tide over covid-19 disruptions have also gone down well with investors

1 min read16 Apr 2020
Companies

Moody’s withdraws Motherson Sumi Systems’ Baa3 rating

Moody’s assigns Ba1 corporate family rating to the leading auto component manufacturer

3 min read27 Mar 2020
Companies

Motherson Sumi Systems Q3 profit slides 39% at Rs340.32 crore

Revenue from operations during the quarter stands at Rs15,436.46 crore, as against Rs16,233.65 crore a year-agoMSSL Chairman Vivek Chaand Sehgal says there were ‘challenging conditions’ in the market

1 min read10 Feb 2020
Companies

Motherson Sumi Systems to demerge domestic wiring harness unit

MSSL’s board has constituted a subcommittee of directors, who would oversee the process of reorganization and report within 90-120 days

2 min read31 Jan 2020
Markets

Tata Motors, Motherson up on Johnson’s victory, but Brexit test begins now

The actual impact would be known after the December 2020 deadline when the UK formally exits the European UnionTata Motors’ shares have rallied 62% from the 52-week low on September 4

2 min read15 Dec 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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