4 days ago
Investec Reaffirms Their Hold Rating on Samvardhana Motherson International Limited (MOTHERSON)
Investec analyst Aditya Jhawar maintained a Hold rating on Samvardhana Motherson International Limited (MOTHERSON – Research Report) today and set a price target of INR140.00. The company's shares closed yesterday at INR153.12.
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According to TipRanks, Jhawar is a 3-star analyst with an average return of 5.9% and a 77.27% success rate. Jhawar covers the Consumer Cyclical sector, focusing on stocks such as Tata Motors Limited, Bajaj Auto Limited, and Eicher Motors Limited.
Currently, the analyst consensus on Samvardhana Motherson International Limited is a Moderate Buy with an average price target of INR154.67.
Based on Samvardhana Motherson International Limited's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of INR276.68 billion and a net profit of INR8.8 billion. In comparison, last year the company earned a revenue of INR232.94 billion and had a net profit of INR2.02 billion
