Motherson sumi quarterly results

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Mutual Funds. ET TV. More Menu. Cautious in terms of not going overboard with taking exposure to a certain stock, selective about what one is buying. The reason, even if it is in a raging bull market, the street never stays in this all good and green mode forever. When the street starts to become selective and gets into correction mode, it is stocks where there has been improvements in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately.

Motherson sumi quarterly results

Vivek Chaand Sehgal, Chairman of Motherson, said: "These results reflect the good performance of our business divisions. Our team's unwavering commitment to our core values of customer satisfaction and operational excellence has helped us deliver good results consistently. Reduction in Net Debt is important for us as we continue strengthening our financial position and pursuing strategic growth opportunities. We remain focused on delivering sustainable and profitable growth, creating long-term value for our shareholders, and positively impacting our customers, employees, and communities where we operate. Result PDF. This is despite paying approximately Rs 3, crore for the foreclosed acquisitions. Commenting on the results, Vivek Chaand Sehgal, Chairman, Motherson, said, "This performance is a testament to our team's dedication and hard work on the back of customer support in navigating uncertain business environments. We are cautious yet confident in our ability to adapt and navigate through these challenges. The integration of acquired entities is at its initial phase and moving in the right direction towards unlocking its full value in the coming times. The booked business of over USD 77 billion reflects the strong relationship and mutual trust we share with our customers. The automotive industry is stabilising with new cost structures and Motherson continues to adapt to the evolving landscape. We are working in close collaboration with our customers, and to better serve them in these challenging times we have closed 7 acquisitions with their support.

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Company's annual revenue growth of Source: Consolidated Financials. Samvardhana Motherson International Ltd. This auto component stock hits a fresh week high in January ; time to buy? For the quarter ended , the company has reported a Consolidated Total Income of Rs 25,

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Motherson sumi quarterly results

The total revenue from operations rose Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now!

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Naveen Ganzu, Ms. Basics of crypto and blockchain. Stocks Stock Liveblog. This implies that there has been a significant improvement in their market outlook in the given time frame. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. This allows you to use Google Maps on this website and allows the placement of cookies by Google Maps, this platform can follow you and use your internet behavior for other purposes. The revenue growth was boosted by newly commissioned transmission lines and a rise in energy consumption in the Mumbai distribution business. Published on Feb Stocks from different sectors are making to the list, this week, stocks from Oil refining and marketing, private banks, insurance, auto ancillary and fertilizer space. Commodities Views News. Services segment revenues were up 8. My Screener. Trending News.

Motherson Sumi: Offers significant upside.

Basics of crypto and blockchain. News Compliances-Reg. PB Ratio x. Stocks from different sectors are making to the list, this week, stocks from Oil refining and marketing, private banks, aviation, insurance, auto ancillary and fertilizer space. Samvardhana Motherson International Share Price The contract is expected to be signed in the first week of March between the BrahMos Aerospace and Ministry of Defence. The reason, even if it is in a raging bull market, the street never stays in this all good and green mode forever. These cookies do not use personal data. Provisions were at Rs crore as compared with Rs crore. SAMIL is well-positioned to gain from emerging trends in the automotive industry.