Samvardhana Motherson International Ltd

(MOTHERSON)

Mixed Analyst Views on Samvardhana Motherson Stock - 01 Oct, 2024

Morgan Stanley maintains an overweight rating on Samvardhana Motherson, citing diversified growth prospects despite production cuts. In contrast, Citi recommends a bearish sell call, highlighting weak auto volumes and potential inventory issues. SAMIL shares have surged 120% over the past year, outperforming the Nifty 50 index.

Motherson's Transformational Deal Sparks Interest - 30 Sep, 2024

Motherson is involved in a potentially transformational deal with an Israeli company, as highlighted by FII interest in various sectors in India.

Samvardhana Motherson Hits Record High Amid QIP Success - 26 Sep, 2024

Samvardhana Motherson shares surged 3.5% to a record high of Rs 213, driven by heavy trading volumes. The company raised $771 million through a successful QIP, with plans to repay debt and invest in growth opportunities. Mergers and acquisitions remain a key focus as the company seeks to strengthen its financial position.

Samvardhana Motherson Raises ₹6,438 Crore Successfully - 24 Sep, 2024

Samvardhana Motherson International successfully raised ₹6,438 crore through a securities issue, with significant interest from institutional investors. The funds will be used for debt repayment and corporate purposes.

Samvardhana Motherson Raises Rs 6,438 Crore via QIP - 23 Sep, 2024

Samvardhana Motherson International successfully raised Rs 6,438 crore through a Qualified Institutional Placement (QIP), attracting strong interest from institutional investors. The funds will primarily be used for debt repayment, enhancing the company's financial stability and positioning for future growth opportunities.

Samvardhana Motherson Raises Rs 2,438 Crore Through QIP - 20 Sep, 2024

Samvardhana Motherson International Ltd raised Rs 2,438 crore via a combination of QIP and CCDs. The stock closed 1.14% lower, despite a 105.54% rise over the past year.

Samvardhana Motherson Reports Strong Q1 Performance - 18 Sep, 2024

Samvardhana Motherson International shares surged after a strong Q1 report, showing a 69.3% increase in net profit. The company also approved a QIP issue, boosting investor sentiment.

Samvardhana Motherson Launches QIP Amid Volatile Trading - 17 Sep, 2024

Samvardhana Motherson International Ltd launched a Qualified Institutional Placement (QIP) to raise funds, setting a floor price at ₹188.85. The stock experienced volatility, falling 2-3% intraday, while also announcing an acquisition of an 11% stake in REE Automotive for $15 million.

Samvardhana Motherson Expands with REE Stake and JV - 16 Sep, 2024

Samvardhana Motherson International Ltd announced an 11% stake acquisition in REE Automotive for USD 15 million and formed a joint venture with Hamakyorex for logistics in Japan. Despite a positive market reaction, Citi issued a negative outlook due to debt concerns.

Citi Issues Sell Recommendation for Samvardhana Motherson - 13 Sep, 2024

Samvardhana Motherson shares fell after Citi's 'sell' recommendation, predicting a 44.4% downside due to weak global auto demand and rising inventory levels. The stock has risen significantly this year but faces potential EPS dilution and balance sheet strain.

Samvardhana Motherson Shares Decline After BMW Guidance Cut - 11 Sep, 2024

Shares of Samvardhana Motherson International fell significantly after BMW Group's downward revision of its 2024 guidance, which affects 5% of the company's revenue. The company is also planning to raise $1 billion through a Qualified Institutional Placement (QIP) to reduce debt or for acquisitions.

Auto Components Industry Gains Confidence from Government Support - 10 Sep, 2024

The auto components industry is reassured by the Centre's commitment, with major players like the Motherson group making significant global moves and reaping benefits.

Motherson Plans Major $715 Million Share Sale - 04 Sep, 2024

Samvardhana Motherson International is set to launch a $715 million share sale, aimed at repaying debt and funding expansion. This move positions Motherson among India's largest fundraising efforts this year.

Samvardhana Motherson Plans $1 Billion QIP - 03 Sep, 2024

Samvardhana Motherson Ltd. is preparing to launch a QIP to raise up to $1 billion, aiming to reduce debt or fund acquisitions. The company has appointed bankers and may begin roadshows soon.