Latest news with #SamvardhanaMothersonInternationalLtd.
Economic Times
20 hours ago
- Business
- Economic Times
Buy Samvardhana Motherson International, target price Rs 170: JM Financial
JM Financial has buy call on Samvardhana Motherson International Ltd. with a target price of Rs 170. The current market price of Samvardhana Motherson International Ltd. is Rs 152.4 Time period given by analyst is year when Samvardhana Motherson International Ltd. price can reach defined target. Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 107739.75 crore) operating in Auto Ancillaries sector. ADVERTISEMENT Samvardhana Motherson International key products/ revenue Segments include Auto Electricals, Sale of services, Traded Goods, Other Operating Revenue, Scrap, Export Incentives and Job Work for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 29433.22 crore, up 5.96% from last quarter Total Income of Rs 27777.12 crore and up 8.44 % from last year same quarter Total Income of Rs 27141.81 crore. The company has reported net profit after tax of Rs 983.33 crore in latest quarter. The company's top management includes Chaand Sehgal, Mital, Vaaman Sehgal, Mr. Robert Joseph Remenar, Sethi, Ganzu, Matti Ruotsala. The company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 704 crore shares outstanding. Investment Rationale ADVERTISEMENT In 4QFY25, Samvardhana Motherson International reported consol. EBITDA margin of 9% (-180bps YoY), 110bps below JM Financial estimates. Margin during the quarter was impacted by challenges related to product launches (one-off) and EU production realignment in the module and polymer business. However, the company expects it to improve going ahead. Despite weak global demand for light vehicles remains, SAMIL continues to outperform led by higher content per vehicle owing to premiumisation and hybridisation. While the company remains silent on its EMS business, JM Financial expects it to contribute substantially to the revenue from FY27 onwards. Overall, the brokerage believes the company with its global presence, wide customer base and an expanding product portfolio, especially with respect to opportunity in Consumer Electronic and Aerospace, presents a multi-year growth opportunity. They expect revenue / EPS CAGR of 10% / 30% over FY25-27E. JM Financial maintains BUY rating with Mar?27 TP of Rs 170 (19x FY27e EPS). Recovery in global LV demand remains a key monitorable. Promoter/FII Holdings Promoters held 58.13 per cent stake in the company as of 31-Mar-2025, while FIIs owned 12.42 per cent, DIIs 20.95 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
Time of India
5 days ago
- Automotive
- Time of India
Indices: Stock market update: Nifty Auto index falls 0.98%
India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range. The Nifty Auto index closed 0.98 per cent down at 23325.6. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads NEW DELHI: The Nifty Auto index closed on a negative note on of Samvardhana Motherson International Ltd.(up 0.68 per cent), Bosch Ltd.(up 0.52 per cent) and Tube Investments of India Ltd.(up 0.24 per cent) ended the day as top gainers in the the other hand, Bajaj Auto Ltd.(down 3.02 per cent), Ashok Leyland Ltd.(down 1.96 per cent), MRF Ltd.(down 1.45 per cent), Bharat Forge Ltd.(down 1.2 per cent) and Hero MotoCorp Ltd.(down 1.09 per cent) finished as the top losers of the Nifty Auto index closed 0.98 per cent down at NSE Nifty50 index ended down 82.9 points at 24750.7, while the BSE Sensex stood down 182.01 points at the 50 stocks in the Nifty index, 7 ended in the green, while 43 closed in the of Vodafone Idea Eternal and FSN E-Comm(Nykaa)were among the most traded shares on the of Lumax Auto Tech , Reliance Power, Shaily Engg Plastics, BSE and CCL Products hit their fresh 52-week highs in today's trade, while Signpost India , Career Point, Navkar Builders , Borana Weaves and Capri Global hit their fresh 52-week lows.
Time of India
5 days ago
- Automotive
- Time of India
Stock market update: Nifty Auto index falls 1.08% in a weak market
NEW DELHI: The Nifty Auto index traded negative around 10:47AM(IST)on Friday in a weak market. Samvardhana Motherson International Ltd.(up 0.48 per cent) and Tube Investments of India Ltd.(up 0.04 per cent) were among the top gainers. Bajaj Auto Ltd.(down 2.56 per cent), Ashok Leyland Ltd.(down 2.14 per cent), Mahindra & Mahindra Ltd.(down 1.54 per cent), Tata Motors Ltd.(down 1.49 per cent) and Exide Industries Ltd.(down 1.32 per cent) were the top losers on the index. The Nifty Auto index was down 1.08 per cent at 23301.1 at the time of writing this report. Benchmark NSE Nifty50 index was down 106.8 points at 24726.8, while the BSE Sensex was down 314.85 points at 81318.17. Live Events Among the 50 stocks in the Nifty index, 4 were trading in the green, while 46 were in the red. Shares of Suzlon Energy , Vodafone Idea , Reliance Power , MMTC and Ola Electric Mobilit were among the most traded shares on the NSE. Shares of Lumax Auto Tech , Shaily Engg Plastics, BSE, INEOS Styrolution and Venus Remedies hit their fresh 52-week highs in today's trade, while Career Point, Signpost India , Navkar Builders , California Soft(PP)and Borana Weaves hit fresh 52-week lows in trade.
Economic Times
5 days ago
- Automotive
- Economic Times
Stock market update: Nifty Auto index falls 1.08% in a weak market
NEW DELHI: The Nifty Auto index traded negative around 10:47AM(IST)on Friday in a weak market. ADVERTISEMENT Samvardhana Motherson International Ltd.(up 0.48 per cent) and Tube Investments of India Ltd.(up 0.04 per cent) were among the top gainers. Bajaj Auto Ltd.(down 2.56 per cent), Ashok Leyland Ltd.(down 2.14 per cent), Mahindra & Mahindra Ltd.(down 1.54 per cent), Tata Motors Ltd.(down 1.49 per cent) and Exide Industries Ltd.(down 1.32 per cent) were the top losers on the index. The Nifty Auto index was down 1.08 per cent at 23301.1 at the time of writing this report. Benchmark NSE Nifty50 index was down 106.8 points at 24726.8, while the BSE Sensex was down 314.85 points at 81318.17. Among the 50 stocks in the Nifty index, 4 were trading in the green, while 46 were in the red. ADVERTISEMENT Shares of Suzlon Energy, Vodafone Idea, Reliance Power, MMTC and Ola Electric Mobilit were among the most traded shares on the NSE. Shares of Lumax Auto Tech, Shaily Engg Plastics, BSE, INEOS Styrolution and Venus Remedies hit their fresh 52-week highs in today's trade, while Career Point, Signpost India, Navkar Builders, California Soft(PP)and Borana Weaves hit fresh 52-week lows in trade. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
6 days ago
- Automotive
- Time of India
Indices: Stock market update: Nifty Auto index advances 0.51%
The Nifty Auto index closed 0.51 per cent up at 23555.75. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads NEW DELHI: The Nifty Auto index closed on a positive note on of Samvardhana Motherson International Ltd.(up 2.28 per cent), Tube Investments of India Ltd.(up 1.29 per cent), Eicher Motors Ltd.(up 0.99 per cent), Tata Motors Ltd.(up 0.91 per cent) and Ashok Leyland Ltd.(up 0.89 per cent) ended the day as top gainers in the the other hand, MRF Ltd.(down 1.32 per cent), Bosch Ltd.(down 1.19 per cent) and Hero MotoCorp Ltd.(down 0.13 per cent) finished as the top losers of the Nifty Auto index closed 0.51 per cent up at NSE Nifty50 index ended up 81.15 points at 24833.6, while the BSE Sensex stood up 320.7 points at the 50 stocks in the Nifty index, 37 ended in the green, while 13 closed in the of Vodafone Idea, MMTC, IFCI, Reliance Power and Suzlon Energy were among the most traded shares on the of IFB Agro, Quality Power Electr, Pil Italica Lifestyle, Shree Global and Welspun Corp hit their fresh 52-week highs in today's trade, while Lasa Supergenerics, Bharat Rasayan, Navkar Builders, California Soft(PP)and Borana Weaves hit their fresh 52-week lows.
