[ad_1] Samvardhana Motherson Ltd., the auto component manufacturer reported its September quarter results on Tuesday, November 12, where most of the parameters were a miss on expectations. Net profit for the quarter nearly doubled from the year-ago quarter, increasing by 95% to ₹880 crore. The company had reported a net profit of ₹451 crore last […]
Samvardhana Motherson working towards a $1 billion QIP: Exclusive – CNBC TV18
[ad_1] Auto components manufacturer Samvardhana Motherson Ltd. is planning to sell shares to eligible institutional investors and raise up to $1 billion through the same, sources privy to the matter told CNBC-TV18. The QIP, according to the sources, is likely to be launched soon. Samvardhana Motherson is likely to utilise the QIP proceeds either for […]