Tag: investec on samvardhana motherson

Samvardhana Motherson shares may fall 45% on slowing demand, rising inventory – CNBC TV18

[ad_1] Shares of auto components manufacturer Samvardhana Motherson International Ltd. declined as much as 2% during Friday’s trading session after brokerage firms Investec and Citi maintained their bearish outlook on the stock, citing weakness in global auto demand and rising inventory levels. Investec has downgraded Samvardhana Motherson to ‘Hold’, with a price target of ₹195 […]

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