Mon, Feb 15, 2021
Motherson Sumi Share price today: The company's Q3 FY21 results were better with a sharp beat at EBITDA/PBT by 14%/42% led by sustained improvement in SMP’s greenfield plants and continued cost reduction in all global business. EBITDA grew 61% YoY to Rs 17.9 b with 14 quarter high margins at 10.5% (+310bp YoY). Execution of a strong order book and limited capex at SMPBV as well as India business augurs well for Motherson Sumi.
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Tue, Nov 27, 2018
Vivek Chaand Sehgal, Chairman, Motherson Sumi Systems, spoke about benefits related with Reidel merger and impact of rupee depreciation on his company among others during an interview with Zee Business.
Mon, Mar 27, 2017
The company in a regulatory filing said that this move will help them to expand its footprint significantly in American and European commercial vehicle market segment.
Mon, Feb 13, 2017
Vivek Chaand Sehgal, MSSL’s Chairman said,“The company has shown exemplary growth in all areas and has achieved highest ever revenues and margins in a quarter. This is the reflection of hard work put in by all our teams from around the world."
Thu, Sep 08, 2016
Indian car parts maker and engineering group Motherson Sumi Systems has launched a share sale to institutions worth up to Rs 20 billion (nearly $300 million), it said in a stock exchange filing on Thursday.
Tue, May 17, 2016
The company's stock surged up 10.57% to the high of Rs 296.40 during the day.
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