Page 3 - Motherson Sumi

Analysts prefer auto ancillary stocks over OEMs as states push EV policies

Nomura believes that if new players' vehicles sell well, multiples of incumbent OEMs like Hero MotoCorp and Bajaj Auto may de-rate

Maha govt's new EV policy can spark up to 25% upside in these stocks

Shares of Motherson Sumi, Jay Bharat Maruti and Bharat Gears have surged over 50 per cent so far this year and continue to see positive interest from market players

Strong order book, improving cash flows positive for Motherson Sumi

Further margin gains could be a key trigger for the stock

Motherson Sumi Systems shares zoom over 13% after 8-fold jump in Q4

Shares of auto components major Motherson Sumi Systems Ltd on Wednesday jumped over 13 per cent after Q4 earnings

Stocks to watch: ITC, Infosys, Hero Moto, Motherson Sumi, PVR, NMDC

Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging in insider trading activities in the shares of the IT major

Stocks to watch: HDFC, BPCL, Thermax, PNB Housing, Motherson Sumi

HDFC has said it will raise up to Rs 7,000 crore by issuing bonds on private placement basis

Trading ideas by Ajit Mishra of Religare Broking: Buy Divi's Labs, Nalco

Most metal stocks are trading at their record highs and showing no sign of slowing down

Trading idea by Ajit Mishra: Sell April futures of Motherson Sumi

Motherson Sumi has witnessed a breakdown from a distribution pattern on the daily chart

Motherson Sumi gains 2%, hits 52-wk high as CRISIL reaffirms credit ratings

Motherson Sumi said that its long term rating has been reaffirmed to CRISIL AA+, with 'Stable' outlook from the earlier 'negative'

Higher EV share, FY22 auto rebound to support Motherson's revenues

Increased utilisation, improving margins and lower debt are profit triggers going ahead

Higher EV share, FY22 auto rebound to support Motherson Sumi's revenues

Increased utilisation, improving margins and lower debt are profit triggers going ahead

Top stock picks by Ajit Mishra: Buy Ambuja Cements, Motherson Sumi

Ambuja Cement surged almost vertically from the support zone of the medium-term moving average (100 EMA) on the daily chart and made a new record high as well

Nifty Auto index at over 2-year high on hopes of strong Q3 earnings growth

Nifty Auto index has jumped 8 per cent on a year-to-date basis in 2021

Shree Cement, Motherson Sumi, Sundram Fasteners hit 52-wk highs

As many as 49 stocks from the BSE500 index hit their 52-week highs today.

Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations

Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22

Motherson Sumi inks pact to acquire Bombardier's electrical wiring biz

Motherson Sumi on Tuesday said it has inked a pact to acquire Bombardier's Mexico-based electrical wiring interconnection systems (EWIS) business for around USD 10 million

Motherson Sumi upsizes NCD issue to Rs 2,130 cr on overwhelming demand

The issue was the joint widest distributed debt issuance by an Indian private sector corporate in the current fiscal

Motherson Sumi upsizes its NCD issue to Rs 2,130 cr using greenshoe option

Overall, 24 investors (including 23 qualified institutional buyers) have invested in the non-convertible debentures (NCDs)

Motherson Sumi gets nod to raise up to Rs 3,000 cr through NCD issue

The move comes as the company is trying to stay afloat amid the Covid-19 disruptions the auto component sector has faced due to multiple lockdowns in the past few months

Motherson's Sehgal aims to triple sales by 2025; here's why he can do it

Sehgal believes the company's focus on solving problems with its customers, teamed with an eye for deals, will "give us multiple opportunities in the coming months"