Pace of recovery, execution key to Motherson achieving 2025 targets

Sharp gains in stock prices leave little upsides in the near term

The Motherson Sumi stock has gained over 37 per cent since the start of the month on better-than-expected performance in the September quarter and aggressive growth targets for the next five years. The company recently unveiled its Vision 2025 plan which envisages more than three-fold growth in revenue over the FY20 level of around $10 billion to $36 billion by 2025.

While most of the sales growth is expected to come from existing product lines, technology improvements and new products, a quarter of the sales growth is on account of diversification. The company wants to increase its presence in non-auto segments