300% rise in one year! The Gurgaon firm promoter who became a billionaire
Nirmal K Minda is now the second billionaire in the domestic component industry after Motherson Sumi's V C Sehgal11-01-2018
11-01-2018
Samvardhana Motherson forms JV with Ossia, to invest $14 million
The JV will focus on integration of the Ossia's Cota technology into wide range of non military passenger, commercial and public transportation vehicles09-01-2018
Press Release / Media Release
Motherson Sumi Systems Limited issued a Press Release with respect to formation of a Joint Venture (JV) with Ossia Inc. by Motherson Innovations Company Ltd., UK, a step down subsidiary through Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), Netherlands.09-01-2018
"EVs open up huge opportunity for Motherson Sumi"
We are working a lot of our plants day in and day out to keep up with demand.05-01-2018
Samvardhana Motherson acquires MS Global India
The MS Global acquisition will allow Samvardhana Motherson enter a new vertical-sheet metal parts with focus on hot stamping04-01-2018
Bulk deals: Promoter sells shares in Motherson Sumi
Motherson Sumi saw its promoter Samvardhana Motherson International sell 2.87 crore shares or 1.4% stake at Rs 375.02 each. Based on the valuation scores for the company, Motherson Sumi is looking like an expensive buy. Promoter Rajeev Sheth sold 1.97 lakh shares or 0.8% stake of Tara Jewels - his fourth in bulk sells over the last few days. Thirumalai Chemicals (a Dolly Khanna portfolio stock) bought 2.05 lakh shares (0.7% stake) in Ultramarine Pigments. The company has hit a new year high today. Kotak Mahindra AMC sold 6.22 lakh shares or 0.6% stake in Polaris Consulting. Amarjothi Spinning Mills saw a sell of 45,433 shares (0.7% stake) by Care Portfolio Managers.21-12-2017
Goldman Sachs grows bullish on Motherson Sumi
Motherson Sumi, the auto components firm which Trendlyne highlighted in July 2017, has seen Goldman Sachs upgrade its call on the firm's stock to Buy. The company's management in its recent analyst meet was bullish about prospects, noting that the firm was on course to achieve ambitious revenue targets for 2020, and that "it could meet the 2020 revenue target of Rs. 18 billion a year earlier". The company expect to attain a 40% ROCE in the next three to five years, and is also entering the non-auto space (medical, defense, aerospace, security systems) . The company has seen strong international market growth for its various offerings from its wiring harness to polymer parts and rear view mirrors. Trends towards vendor consolidation and the use of more premium parts across auto makers are working in Motherson Sumi's favor. Motherson Sumi's share price has been trending up in the past six months.12-12-2017
Analyst / Investor Meet - Intimation
Motherson Sumi Systems Limited informed that the Management of the Company shall be attending Investors / Analysts meet organized by Nomura International(Hong Kong) Limited at Japan and DSP Merrill Lynch Limited at Singapore as per attached schedule.27-11-2017