{ }
Very Negative
Negative
Neutral
Positive
Very Positive
2025-03-262025-03-261111100
Download SVG
Download PNG
Download CSV
Somewhat Relevant
Moderately Relevant
Very Relevant
Highly Relevant
2025-03-262025-03-261111100
Download SVG
Download PNG
Download CSV

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.

goldman sachs acquires 65 lakh shares of samvardhana motherson for 87 crore

Goldman Sachs acquired 65.48 lakh shares of Samvardhana Motherson International for ₹87 crore through an open market transaction, purchasing at an average price of ₹132.7 per share. Concurrently, Kadensa Capital sold the same number of shares at the same price. Following the deal, the stock closed down 2.13% at ₹131.15.

Goldman Sachs acquires shares in Samvardhana Motherson for 87 crore rupees

Goldman Sachs has acquired shares of Samvardhana Motherson International for Rs 87 crore. This investment reflects the financial institution's continued interest in the automotive components sector. The transaction underscores the strategic moves being made in the market.

samil shares dip after downgrade following atsumi tec acquisition

Shares of Samvardhana Motherson International Limited (SAMIL) fell by 2.5% to Rs 165 after Kotak Institutional Equities downgraded the stock to 'reduce' following its acquisition of a 95% stake in Japan's Atsumitec for $57 million. The brokerage set a target price of Rs 170, indicating no expected upside, despite SAMIL shares having surged 63% since the beginning of the year. Atsumitec specializes in high-precision machined components for vehicles.

Samvardhana Motherson Acquires Atsumitec to Expand Precision Component Business

Samvardhana Motherson has acquired Japan's precision component manufacturer Atsumitec for $57 million, securing a 95% stake, while Honda Motors retains 5%. This acquisition aims to enhance Samvardhana's business with Japanese OEMs and expand into new product lines and markets, including Vietnam. Atsumitec specializes in high-precision machined components for both four-wheelers and two-wheelers, with an expected FY24 turnover of $412 million.

Zomato to join Sensex replacing JSW Steel from December 23

Zomato will replace JSW Steel in the Sensex index starting December 23, as announced by BSE. Additionally, several changes will occur in other indices, with companies like Ashok Leyland and IDFC First Bank being dropped from BSE 100, while Jio Financial Services and others will be added. In the BSE SENSEX 50, HDFC Life, BPCL, and LTI Mindtree will be replaced by Zomato, Jio Financial, and HAL.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.