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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.
Apna Mart, a quick commerce startup, has secured $25 million in a funding round led by Fundamentum Partnership, with participation from existing investors Peak XV Partners and Sparrow Capital, as well as new investor Accel India. Founded in 2022 by Abhishek Singh and Chetan Garg, the company focuses on delivering groceries and essentials within 15 minutes in Tier II and III cities, utilizing a franchise outlet model that differentiates it from competitors like Blinkit and Swiggy Instamart.
BharatPe has achieved breakeven, marking a significant milestone in its financial journey. Meanwhile, Dozee has successfully raised INR 71 crore, further solidifying its position in the market. These developments highlight the ongoing growth and resilience of startups in the current economic landscape.
Morgan Stanley has added Bajaj Finance and Hindustan Aeronautics to its Asia Pacific Ex-Japan and Global Emerging Markets focus lists. The brokerage raised its price target for Bajaj Finance shares to Rs 10,500, citing management stability and improved investor sentiment as key factors for sustained performance. Rajeev Jain's promotion to the board of Bajaj Finserv is expected to enhance confidence in the company.
Goldman Sachs identifies HDFC Bank, Power Grid, and Godrej Consumer among its top picks amid a cyclical slowdown in the Indian economy, driven by policy tightness. While recent measures like tax relief and RBI rate cuts may boost GDP growth to 6.4% in late 2025, risks from potential US tariffs and market volatility remain.
Goldman Sachs Singapore acquired 65.5 lakh shares of Samvardhana Motherson at an average price of Rs 132.70 per share on March 25. Simultaneously, Kadesa Master Fund sold the same number of shares at the same price.
Pilgrim's operating revenue for FY24 surged by 160%, reaching INR 199 crore. This significant growth highlights the company's robust performance and expanding market presence. The impressive figures reflect a strong demand and effective business strategies in place.
Care.fi has secured ₹7.5 crore in debt financing from Vivriti Capital. This funding aims to enhance the revenue cycle management for hospitals, positioning the company to improve financial operations within the healthcare sector.
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 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.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Goldman Sachs boosts Samvardhana Motherson shares with significant stake purchase
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The Goldman Sachs Group, Inc.
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Samvardhana Motherson International Limited
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05:01 26.03.2025
Apna Mart secures 25 million dollars in funding for rapid growth
04:45 26.03.2025
BharatPe Achieves Breakeven While Dozee Secures 71 Crore Funding
04:41 26.03.2025
Morgan Stanley adds Bajaj Finance and Hindustan Aeronautics to focus lists
04:39 26.03.2025
Goldman Sachs identifies top stocks amid cyclical economic slowdown in India
01:59 26.03.2025
Goldman Sachs acquires 65.5 lakh shares of Samvardhana Motherson in bulk deal
19:21 25.03.2025
Pilgrim reports 160 percent increase in FY24 operating revenue to INR 199 crore
18:13 25.03.2025
care fi secures 7.5 crore debt to enhance hospital revenue management
17:25 25.03.2025
goldman sachs acquires 65 lakh shares of samvardhana motherson for 87 crore
Indian Rupee
The Goldman Sachs Group, Inc.
Samvardhana Motherson International Limited
SGP
HKG
IND
Goldman Sachs
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16:54 25.03.2025
Goldman Sachs acquires shares in Samvardhana Motherson for 87 crore rupees
15:51 25.03.2025
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