[ad_1] Shares of Samvardhana Motherson International Ltd. (SAMIL) will be in focus on Friday’s trading session after the auto components manufacturer said that it will undertake proactive cost optimisation measures to improve operating efficiencies. Motherson has completed 23 acquisitions since 2020 making substantial investments globally, the company said in an exchange filing. The evolving and […]
Samvardhana Motherson seeks to ease investor fears, says Trump tariffs unlikely to dent growth – CNBC TV18
[ad_1] Samvardhana Motherson International Ltd (SAMIL) has sought to allay investor concerns after its shares tumbled amid fears of Donald Trump’s proposed 25% tariff on foreign car imports. The company stated that a significant part of its US business is either locally manufactured or qualifies under the US-Mexico-Canada Agreement (USMCA), reducing exposure to potential tariff […]
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 […]