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Goldman Sachs boosts Samvardhana Motherson shares with significant stake purchase
Samvardhana Motherson International's share price rose over 3% to ₹135.20 after Goldman Sachs acquired 65.48 lakh shares for ₹87 crore at an average price of ₹132.7. The company reported a consolidated net profit of ₹879 crore for Q3 FY25, up from ₹542 crore a year earlier, with total revenue increasing to ₹27,666 crore. Despite a 7% gain in the last month, the stock has declined 13.5% year-to-date but has risen 15% over the past year and delivered multibagger returns of 107% in two years.
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