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Samvardhana Motherson International Ltd News

Samvardhana Motherson Q3 profit rises to Rs 879 cr, misses estimates

Samvardhana Motherson is India's top auto parts maker by market capitalisation and counts carmakers from Maruti Suzuki to Mercedes-Benz among its customers

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Updated On : 14 Feb 2025 | 6:24 PM IST

Motherson partners with Japan's Sanko for sustainable packaging solutions

Auto components major Motherson on Friday said it has entered into a joint venture with Japan's Sanko, a player in material handling sector to provide sustainable packaging solutions in India and Europe. The joint venture (JV) will contribute to greater efficiencies in material handling with cost reduction in overall logistics spending, Motherson said in a statement. This partnership with Sanko is a strategic, synergistic diversification for the group, Motherson Chairman Vivek Chaand Sehgal said. "We believe that reimagining packaging as an engineered solution versus a simple commodity can bring immense logistics, cost, and value efficiencies to supply chains," he said. More importantly, Sehgal said, "We see this collaboration as another way to support our customers in achieving their sustainability goals." Sanko President Toshihiko Goto said, "We believe we can contribute more to Motherson's and our valuable customers by combining Motherson's strong global presence and our long .

Motherson partners with Japan's Sanko for sustainable packaging solutions
Updated On : 07 Feb 2025 | 10:53 AM IST

Adani Enterprises, Zomato, SpiceJet: 15 stks dip 27% below their QIP price

These 15 companies accounted for 70 per cent of total fund mobilisation of Rs 93,453 crore via QIP route in the past six months, according to PRIME Database.

Adani Enterprises, Zomato, SpiceJet: 15 stks dip 27% below their QIP price
Updated On : 28 Jan 2025 | 1:06 PM IST

Samvardhana Motherson Q2FY25 results: Net profit rises 4-fold to Rs 880 cr

Indian automakers reported a decline in shipments to dealers for the first time in more than two years during the July-September quarter, to help manage the excess inventory

Samvardhana Motherson Q2FY25 results: Net profit rises 4-fold to Rs 880 cr
Updated On : 12 Nov 2024 | 7:05 PM IST

Samvardhana Motherson Q2 results: PAT rises over four-fold to Rs 880 crore

Indian automakers reported a decline in shipments to dealers for the first time in more than two years during the July-September quarter, to help manage the excess inventory

Samvardhana Motherson Q2 results: PAT rises over four-fold to Rs 880 crore
Updated On : 12 Nov 2024 | 5:05 PM IST

Auto component maker Samvardhana Motherson raises Rs 6,438 crore via QIP

Auto components maker Samvardhana Motherson International on Monday said it has raised Rs 6,438 crore via issue of securities. The QIP issue garnered strong interest from both domestic and foreign institutional investors, leading to substantial demand over the issue size, it said in a regulatory filing. Over 95 per cent of allocations were made to marquee long-only investors such as mutual funds, insurance and pension funds, foreign institutional investor, it added. The proceeds from the issuance will be mainly directed towards debt repayment, thereby further strengthening company's balance sheet and enhancing its position to capitalise on various growth opportunities, it stated. Some of the proceeds will be used towards general corporate purposes, the company said. Shares of the company on Monday ended 2.19 per cent up at Rs 207.25 apiece on BSE.

Auto component maker Samvardhana Motherson raises Rs 6,438 crore via QIP
Updated On : 23 Sep 2024 | 8:54 PM IST

Samvardhana Motherson share price surges 7% on QIP update; check details

The aggregate face value of the CCD are proposed to be converted into equity shares at a discount of 13.83 per cent

Samvardhana Motherson share price surges 7% on QIP update; check details
Updated On : 18 Sep 2024 | 2:38 PM IST

Samvardhana, Suprajit Engg, Goodluck shares slip as BMW cuts FY24 guidance

Shares of domestic auto component suppliers took a beating on Wednesday after Germany-based automaker BMW cut its Ebit margin and RoCE guidance due to escalating recall costs and delivery stops

Samvardhana, Suprajit Engg, Goodluck shares slip as BMW cuts FY24 guidance
Updated On : 11 Sep 2024 | 12:32 PM IST

Auto parts maker Motherson to launch $715 mn share sale to tap stock mkt

With a market capitalisation of about $15 billion, Motherson supplies parts to domestic and global automakers such as Maruti Suzuki and Mercedes-Benz

Auto parts maker Motherson to launch $715 mn share sale to tap stock mkt
Updated On : 04 Sep 2024 | 1:12 PM IST