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Tag: Samvardhana Motherson stock

How does a subdued guidance from Mercedes hurt Samvardhana Motherson? – CNBC TV18

[ad_1] Shares of Samvardhana Motherson International Ltd., the auto parts manufacturer and distributor are trading with losses of close to 4% on Friday, February 21. The stock has snapped a three-day gaining streak with today’s drop. Company Value Change %Change The stock fell after luxury car manufacturer Mercedes Benz warned on Thursday that its car […]

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 […]

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