MOTHERSON
Samvardhana Motherson raises $350 million via bonds
The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasury, currently trading at about 4.30%. After taking into account the costs, the bond was priced at a yield of 5.72%.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 27.55 points up at 24169.5
Maruti Suzuki among 5 auto stock picks from Motilal Oswal
Motilal Oswal predicts subdued growth for the Indian auto sector in June, with declining retails across most segments due to factors like post-election consumer sentiment and heatwave impact. However, they remain optimistic about select OEMs like Maruti Suzuki and Ashok Leyland, and ancillary companies like Craftsman Automation, Happy Forgings, and Samvardhana Motherson International, advocating for micro-strategies to navigate the sector's challenges.
Mazagon Dock Shipbuilders, Samvardhana Motherson among 6 midcap stocks outperformed Nifty50
Indian blue-chip equity indices surrendered early gains on Friday, as a decline in banks outweighed the rise in IT stocks fuelled by Accenture's upbeat revenue growth forecast. As per data available on StockEdge, several midcap stocks from Nifty500 index outperformed the benchmark Nifty50 index on a 1-week and 3-month basis as of June 20. Here's a list:
- Go To Page 1
Can Fin Homes, Samvardhana Motherson among 5 stocks with long buildup
A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Tuesday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
Q4 results: Stable costs boost India Inc. profits
Steady costs and firm domestic demand supported corporate performance in the March quarter.
Dharmesh Shah's top stock recommendations from auto sector
So, for the Nifty, we believe we should be targeting 23,800 by next week and for the Bank Nifty, 51,000. Therefore, the strategy should be to buy the dip, with strong support placed around 23,100.
Amfi stock classification: Multibagger midcaps NHPC, BHEL, 5 others likely to turn largecaps
Existing largecaps likeICICI Prudential Life Insurance Company, ICICI Lombard General Insurance Company, Polycab India, SRF, Marico, SBI Cards & Payment Services and Berger Paints are likely to lose their tags.
F&O stocks: Shree Cement, Samvardhana Motherson among 5 stocks with long buildup
During Monday’s trading session, five stocks experienced the initiation of new long positions. To ascertain whether a stock has encountered such a development, analysts examine the price movement alongside the open interest on the counter. If both the stock prices rise and the open interest increases, it is indicative of a long buildup.
Hindalco, HUL, GAIL among 24 stock recommendations by Yes Securities
Yes Securities has mentioned 24 stocks across 8 sectors, including Hindalco, HUL, GAIL, in its conviction list, stating that the markets tend to perform well after the election results.
Samvardhana Motherson, LTIMindtree among 5 stocks with short buildup
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Monday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:
HDFC Life, SBI Card among 5 stocks with top short covering
Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Friday's trading session, five stocks saw top short covering. Here's the list:
Samvardhana Motherson, Oberoi Realty among 5 midcap stocks that hit new 52-week highs on Friday
Indian benchmark equity indices traded higher on Friday, led by financial stocks, with caution setting in ahead of the outcome of the national elections next week. Meanwhile, five midcap stocks from the Nifty500 index reached new 52-week highs in today's trading session. Here's the list:
Mazagon Dock, Samvardhana Motherson among 4 midcap stocks that hit new 52-week highs on Thursday
Benchmark equity indices extended losses on Thursday, pressured by weakness in their global peers on increasing worries that U.S. interest rates will stay higher for longer. However, in today's trading session, four midcap stocks from the Nifty200 index reached a new 52-week high. Here's the list:
Samvardhana Motherson's stock target rise up to Rs 180. Should you buy, sell or hold?
Brokerages raised target prices for auto components maker Samvardhana Motherson International to Rs 180 as it reported a two-fold jump in net profit to Rs 1,444 crore for Q4FY24. Shares traded 1% higher on BSE at Rs 148.
Buy Samvardhana Motherson International, target price Rs 180: JM Financial
Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 100087.74 Crore) operating in Auto Ancillaries sector.
Samvardhana Motherson Q4 Results: Net profit jumps 2-fold to Rs 1,444 cr
Auto components maker Samvardhana Motherson International Ltd on Wednesday posted a two-fold jump in consolidated net profit to Rs 1,444 crore for the fourth quarter ended March 2024. The company had reported a net profit of Rs 699 crore in the January-March period of the last fiscal.
ABB India, Samvardhana Motherson among 5 stocks with short buildup
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Motherson Sumi Wiring capacity to go up 10% as two new plants get operational in Q1: Management
Anurag Gahlot, CFO of Motherson Sumi Wiring, projects significant market growth for FY25 supported by factors such as Maruti Suzuki and Tata Motors' capacity expansions, India's low car penetration, and the growing Indian middle class. Additionally, the expansion of road infrastructure in India presents opportunities for OEMs and customers.
Buy Motherson Sumi Wiring India, target price Rs 80: Motilal Oswal
Motherson Sumi Wiring India Ltd. key Products/Revenue Segments include Cables & Wires, Sale of services, Scrap and Other Operating Revenue for the year ending 31-Mar-2023.
Motherson Sumi Wiring Q4 Results: PAT jumps 38% YoY to Rs 191 crore, revenue rises 19%
Motherson Sumi Wiring Q4 Results: The company’s revenue for the period was reported at Rs 2,233 cr, a 19% jump YoY. The board has announced a dividend of Rs 0.80 per share.
Motherson Sumi Wiring India Q4 Results: Firm posts rise in profit on steady demand
Motherson Sumi Wiring India on Thursday reported a 38% rise in fourth-quarter profit, aided by strong demand for automobiles.
Tata Power, Exide Industries among 5 stocks with short buildup
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Monday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Samvardhana Motherson, JSW Energy among 7 midcap firms that saw a drop in promoter shareholding in Q4
Promoters refer to founders or controlling shareholders of the company. Companies with high promoter holding stocks are considered to be safer to invest in, compared to those with relatively lower stakes. Here's a list of 7 midcap companies from the Nifty200 index that saw a decline in promoters' shareholdings in Q4, according to StockEdge data:
Market Trading Guide: Tata Communications, Motherson Sumi Wiring among 5 stock recommendations for Thursday
Benchmark Sensex slipped 45 points in highly volatile trade on Wednesday due to selling in private bank and IT shares amid weak Asian markets and continuous foreign fund outflows. Declining for the second straight session, the 30-share BSE Sensex fell 0.06% to settle at 73,466. The NSE Nifty remained unchanged at 22,302.50. "The short-term trend remains weak, but the market is showing signs of higher bottom formation around 22,200 levels. Confirmation of reversal from here could open short-term upside bounce in the market. Immediate support is at 22,200 levels and the next overhead resistance is at 22,500 levels," said Nagaraj Shetti, senior technical research analyst at HDFC Securities. Here are the 5 stock recommendations for Thursday:
Load More