Motherson Sumi Systems seen a bit of selling pressure all through the last couple of weeks. The street fears cut in earnings estimates will weigh on the stock. In an interview to CNBC-TV, Vivek Chaand Sehgal, Chairman of the company said that he do not see any weakness on the sales front.

Acquired company has Rs 350cr turnover, says Motherson Sumi

Motherson Sumi Systems is on radar after its arm acquires 100 percent of MS Global India (MSGI) from Korea-based MS Group. In an interview to CNBC-TV18, Vivek Chaand Sehgal, Chairman of Motherson Sumi Group discussed the details of the deal.

Decoding Business Growth Season 3: Here's a success story of Motherson Sumi Systems

For decades, we were used to ambassadors and the Premier Padmini cars but the launch of Maruti 800 in 1983 changed the country’s automobile landscape forever. In the process, it has changed the fortunes of hundreds of auto component makers. Fortunately, all of them are shining but one is shining even more brightly, Motherson Sumi Systems.

Aim to add $1 billion to topline in next one-year: Motherson Sumi

Vivek Chaand Sehgal, Chairman, Motherson Sumi Group is very upbeat on the business outlook going forward.

Motherson Chairman on Bosch unit buyout talk: 'Can't comment on deals not done yet'

Auto component major Motherson Sumi Systems could be eyeing the starter motors and generators division of global giant Bosch LLC through a likely USD 600-million bid, a media report said.

PKC buy to be debt free, will be EPS-accretive: Motherson Chief

The purchase of PKC Group for USD 609 million will be debt free and 380 million euros from QIP will be used for the acquisition. Also, no debt will be raised, said Motherson Chairman Vivek Chaand Sehgal.

Euro depreciation won't dent profits: Motherson Sumi

Motherson Sumi's Chairman Vivek Chaand Sehgal says the company both buys raw materials and sells the finished goods in euro and may not be affected by a weaker euro. He adds that Motherson Sumi may instead benefit when cars are exported out of Europe.

Motherson Sumi eyes acquisitions, plans capex of Rs 2,000 cr

The company is seeing a lot of opportunities and expects to do an acquisition by the year-end, said Chairman Vivek Chaand Sehgal. He said the company has a capex plan of about Rs 2,000 crore funded by internal accruals.

Europe conquered, focus on US for next 5 yrs: Motherson Sumi

Despite the ongoing showdown in China, Vivek Chaand Sehgal, the Chairman of Motherson Sumi maintains that China's automotive sector has done well.

Hoping Budget will streamline taxes on cars: Motherson Sumi

There is still need to focus on increasing the ease of doing business and single window clearances all over India. It is still difficult to put up new plants in India, said Vivek Chaand Sehgal, Chairman, Motherson Sumi Group.

Poised Europe, US negating China slowdown: Motherson Sumi

Motherson Sumi stock has fallen nearly 26 percent in the past month. But Vivek Chaand Sehgal, chairman of Motherson Sumi Group, says, the company's operations, balancesheet, debt - everything is comfortable.

Greek issue will not impact company‘s biz: Motherson Sumi

Vivek Chaand Sehgal, Chairman of Motherson Sumi Group does not think the Greece crisis would impact company business since they never had any connection to the country.

Plan to make 2-3 plants operational in FY16: Motherson Sumi

Motherson Sumi Chairman Vivek Chaand Sehgal said the company has recently won orders worth Euro 4.4 billion.

Seeing very strong traction in European market: Motherson

The weakness in euro has been a boon to the company as it makes European cars more desirable, said Chairman Vivek Chaand Sehgal.

FY16 will be first of a four-year auto upcycle: Axis Cap

Fiscal year 2015-16 will be the first of a three-four year automotive upcycle, Axis Capital, auto analyst Ashish Nigam told CNBC-TV18 in an interview. The investment bank is holding an auto conference where 13 companies from the sector are participating.

Euro weakness not to hit earnings; demand strong: Motherson

Around 75 percent of Motherson's loans are in euros. Sehgal said the quantum of euro-denominated loans was around 750-800 million

Acquired co will be EPS accretive: Motherson Sumi

Vivek Chand Sehgal, chairman, Motherson Sumi Group, says a smaller deal is on the anvil.

Seeing strong traction in automotive nos: Motherson Sumi

Vivek Chaand Sehgal says there is no reason to be unduly concerned about the rupee versus the euro scenario considering that most of Motherson Sumi's manufacturing takes place in EU. At the most, there can be a minor translation loss, but that's about it

Motherson Sumi eyes 15-20% topline growth, 40% RoCE in FY15

The auto ancillary company looks to set up 14 new plants in India, US and Mexico, out of which, production at 3 new plants will begin by September, says Vivek Chaand Sehgal, Chairman, Motherson Sumi Systems.

Open to acquisitions if deal is sweet: Motherson Sumi

Vivek Chaand Sehgal, chairman, Motherson Sumi Systems Ltd says the company is open to acquisitions, and would look into it if they are worthwhile and add to the interest of the company, shareholders and customers. The Volkswagen Group contributes to 47 percent of the company‘s sales.

Motherson Sumi eyes $5bn sales mark by 2015

Even though the car sales have gone down dramatically, it will not affect Motherson Sumi as the company is constantly adding new products, assures chairman Vivek Chaand Sehgal

Will continue to outperform auto industry: Motherson Sumi

Pankaj Mital, COO, Motherson Sumi Group, feels the company's performance has been resilient in a volatile market, and has outperformed the industry. Talking to CNBC TV18, he stated that despite the slowdown, the company continued to bag large orders, recently from European carmakers too.

Will meet targeted turnover of Rs 40000cr: Motherson Sumi

Vivek Chaand Sehgal, Chairman, Motherson Sumi, spoke to CNBC-TV18 regarding their business strategies, expectations in the next financial year and why even though the auto sales is declining the company is still upgraded by Barclays.

EBIDTA margins maybe better by year-end: Motherson Sumi

The Maruti plant in Manesar saw unprecedented violence in the month of July. But despite this Motherson Sumi posted a growth of 23 percent in standalone sales.

Motherson Sumi eyes 40% earnings growth by 2015

Motherson Sumi has recently acquired Peguform and Visiocorp and Vivek Chaand Sehgal, Vice Chairman of the company said, the acquisitions have reaped good returns so far.