01-06-2025
Samvardhana Motherson International Limited (MOTHERSON) Receives a Buy from ICICI Securities
In a report released on May 30, Vishakha Maliwal from ICICI Securities maintained a Buy rating on Samvardhana Motherson International Limited (MOTHERSON – Research Report), with a price target of INR185.00. The company's shares closed last Friday at INR153.12.
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According to TipRanks, Maliwal is a 2-star analyst with an average return of -0.7% and a 33.33% success rate.
In addition to ICICI Securities, Samvardhana Motherson International Limited also received a Buy from CLSA's Basudeb Banerjee in a report issued on May 30. However, yesterday, Investec maintained a Hold rating on Samvardhana Motherson International Limited (NSE: MOTHERSON).
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
