August 07, 2018 01:05 PM IST
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.
August 07, 2018 01:03 PM IST
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
August 03, 2018 12:13 PM IST
Motherson completed the acquisition of interior components and modules manufacturer Reydel Automotive Group (Reydel) for USD 201 million (over Rs 1,300 crore).
August 03, 2018 10:16 AM IST
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.
July 17, 2018 04:02 PM IST
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.
June 26, 2018 09:58 AM IST
On the upside, a rally above 10,860 levels can see the index moving rally towards 10,929 levels which is its May high.
June 05, 2018 06:01 PM IST
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.
May 28, 2018 05:18 PM IST
Prabhudas Lilladher recommended accumulate rating on Motherson Sumi Systems with a target price of Rs 373 in its research report dated May 24, 2018.
May 24, 2018 01:39 PM IST
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.
May 24, 2018 08:43 AM IST
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.
May 23, 2018 02:17 PM IST
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.
May 23, 2018 01:24 PM IST
Revenue growth remained strong but operational performance was not that great.
April 02, 2018 06:27 PM IST
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.
March 16, 2018 09:01 AM IST
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.
March 08, 2018 02:50 PM IST
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Petronet LNG and buy Motherson Sumi Systems.
March 08, 2018 08:46 AM IST
"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.
February 27, 2018 12:44 PM IST
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.
February 26, 2018 03:09 PM IST
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finserv, UPL and Motherson Sumi Systems.
February 21, 2018 04:00 PM IST
Sandeep Wagle of powermywealth.com recommends selling Tata Steel and Motherson Sumi Systems.
February 21, 2018 03:43 PM IST
Sandeep Wagle of powermywealth.com suggests selling Tata Steel and Motherson Sumi Systems.
February 17, 2018 12:39 PM IST
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Sun TV and Jindal Steel & Power and can buy Bombay Burmah Trading.
February 16, 2018 03:10 PM IST
Sandeep Wagle of powermywealth.com recommends selling Adani Enterprises and Motherson Sumi Systems.
February 13, 2018 12:15 PM IST
The company had posted a consolidated net profit of Rs 547.32 crore in the year-ago period, Motherson Sumi Systems Ltd (MSSL) said in a BSE filing.
February 08, 2018 11:52 AM IST
Ashwani Gujral of ashwanigujral.com recommends buying Infosys, Yes Bank and Kotak Mahindra Bank.
February 02, 2018 08:22 AM IST
Prakash Gaba of prakashgaba.com recommends buying Bajaj Auto with target at Rs 3450 and stop loss at Rs 3380, JK Tyre with target at Rs 200 and stop loss at Rs 180 and a buy in Mahindra & Mahindra with target at Rs 820 and stop loss at Rs 780.
