motherson sumi systems

Experts recommend 'buy' for 11 auto & OEM stocks despite weak festive demand in 2018

Motilal Oswal prefers four-wheeler stocks over 2-wheeler and CVs due to their stronger volume growth and a stable competitive environment.

Accumulate Motherson Sumi Systems; target of Rs 179: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Motherson Sumi Systems with a target price of Rs 179 in its research report dated November 15, 2018.

Motherson Sumi falls 3% as brokerages cut target price on weak Q2 show

Japanese investment firm Nomura slashed its target price for Motherson Sumi to Rs 197 from Rs 249 earlier, though it has maintained buy call on the stock.

Motherson Sumi Standalone September 2018 Net Sales at Rs 1,996.09 crore, up 7.53% Q-o-Q

Motherson Sumi Consolidated September 2018 Net Sales at Rs 15,104.97 crore, Up 12.46% Q-o-Q.

Motherson Sumi Systems Q2 PAT seen up 3.5% YoY to Rs. 400.1 cr: Prabhudas Lilladher

Net Sales are expected to increase by 10 percent Y-o-Y to Rs. 14,774.4 crore, according to Prabhudas Lilladher.

Podcast | Stock picks of the day: Nifty likely to consolidate; 3 stocks which could give 7-10% return

Rupak De of Bonanza Portfolio said 11,000 may act as an immediate resistance, and if the index manages to trade above 11,000 then we may see a rally towards 11,200 levels.

Tata Motors, Motherson Sumi take a hit on BMW guidance tweak

German automaker BMW lowered its full year revenue as well as profit guidance.

Motherson Sumi Systems Q1 profit surges 57% to Rs 482 cr, revenue grows 24%

The company said after adjusted for adjustments due to new accounting standards, revenue increased by 24 percent to Rs 16,106 crore compared to Rs 12,967 crore in same quarter last fiscal.

Motherson Sumi consolidated Jun-2018 sales at Rs 14,775.46 crore

Motherson Sumi Systems has reported a consolidated total income from operations of Rs 14,775.46 crore and a net profit of Rs 443.07 crore for the quarter ended Jun-2018

Motherson Sumi Systems gains 2% as acquisition of Reydel Automotive Group completed

Motherson completed the acquisition of interior components and modules manufacturer Reydel Automotive Group (Reydel) for USD 201 million (over Rs 1,300 crore).

Motherson completes acquisition of Reydel Automotive

Motherson Sumi Systems (MSSL), flagship company of the Samvardhana Motherson Group (SMG), said this acquisition through its step down subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRP BV) will bolster its offerings in the automotive interiors space.

Motherson Sumi Systems Q1 PAT seen up 38.5% YoY to Rs. 530.6 cr: Kotak

Net Sales are expected to increase by 23.9 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 16,264.5 crore, according to Kotak.

Top 5 trading strategies that may return 7-11% by July

On the upside, a rally above 10,860 levels can see the index moving rally towards 10,929 levels which is its May high.

Buy Motherson Sumi Systems; target of Rs 385: JM Financial

JM Financial is bullish on Motherson Sumi Systems has recommended buy rating on the stock with a target price of Rs 385 in its research report dated May 24, 2018.

Accumulate Motherson Sumi Systems; target of Rs 373: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Motherson Sumi Systems with a target price of Rs 373 in its research report dated May 24, 2018.

Deutsche Bank retains hold on Motherson Sumi, cuts target to Rs 340, stock falls 4%

Research firm Deutsche Bank has maintained a hold rating on the stock and has cut target to Rs 340 from Rs 360 per share. The firm expects FY18-20 EBITDA and EPS CAGR at 25 percent and 33 percent.

Buy or sell: Top stock trading ideas by Abhishek Mondal, Prakash Gaba & Rajesh Agarwal

Rajesh Agarwal of AUM Capital recommends buying Indraprastha Gas with stop loss at Rs 256 and target at Rs 276, a buy in Motherson Sumi Systems with stop loss at Rs 313 and target at Rs 333 and a buy also in ICICI Prudential Life Insurance with stop loss at Rs 398 and target at Rs 423.

Motherson Sumi Systems falls 6% after Q4 earnings miss analyst estimates

Motherson bagged new orders worth Rs 18,109 crore (euro 2.4 billion) during second half of FY18 and for the full year the new orders won were worth over Rs 35,464 crore (euro 4.7 billion), the company said.

Motherson Sumi Q4 misses estimates; profit up 9% at Rs 518 cr, revenue jumps 37%

Revenue growth remained strong but operational performance was not that great.

Motherson inks pact to acquire Reydel Automotive for $201 mn

Samvardhana Motherson Automotive Systems Group B V (SMRP BV), a step down subsidiary of MSSL has proposed to acquire Reydel, a privately held portfolio company of Cerberus Capital Management, L.P. (Cerberus) , the company said in a statement.

Top buy or sell trading ideas by experts for March 16, 2018, which can give up to 18 percent return

Going forward, Nifty has an immediate support near 10285 and if it sustains below this level will lead to a further correction towards 10210 and 10141 levels respectively.

Sell Petronet LNG, buy Motherson Sumi Systems: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that one can sell Petronet LNG and buy Motherson Sumi Systems.

Strong support for Nifty at 11,171; 5 top stocks which can yield up to 4% return

"Any significant breach below 10,130 may drag Index further lower till 10,000 mark i.e. 78.60 percent Retracement level (Drawn from low of 9687 to high of 11,171) on daily scale which might work as strong support zone," says Rajesh Agarwal of AUM Capital.

HSBC retains 'Buy' on Motherson Sumi, however cuts target to Rs 400 on plant delays

Global research firm HSBC has retained a buy on Motherson Sumi Systems as the house sees long term potential in the stock. The firm is of the view that the correction in the stock is overdone post Q3. It expects MSS’s businesses to return to strong growth trajectories.