Goldman Sachs purchases 6.54 million shares, sending Samvardhana Motherson’s stock hovering
Samvardhana Motherson Worldwide shares jumped virtually 3 per cent on Wednesday following Goldman Sachs (Singapore) Pte shopping for a major stake within the auto element big. The worldwide funding agency purchased 6.54 million shares via an open market deal, investing Rs 87 crore within the firm. The shares have been bought at a mean value of Rs 132.7 per share, in accordance with BSE block deal information.
Samvardhana Motherson stock value surges on shopping for curiosity
After the transaction, Samvardhana Motherson stock rose 2.82 per cent to an intraday excessive of Rs 135.1 per share earlier than closing at Rs 134.4, up 2.2 per cent. This improve got here regardless of total weak point out there, with Nifty 50 down 0.13 per cent.
Samvardhana Motherson shares have risen greater than 15 per cent from their March lows of Rs 115.8, though they’re nonetheless down 13 per cent in 2025. The stock has a complete market capitalisation of Rs 94,986.98 crore as per BSE information.
Kadensa Capital sells similar variety of shares
As Goldman Sachs upped its stake within the agency, Hong Kong-based asset supervisor Kadensa Capital shed its holding. Kadensa Grasp Fund offered the equivalent 6.54 million shares on the similar common of Rs 132.7 a share, indicating a change in institutional holding.
Samvardhana Motherson’s international presence and enterprise enlargement
Samvardhana Motherson can also be one of many world’s largest automotive element manufacturing firms, initially known as Motherson Sumi Techniques Restricted. It provides Authentic Tools Producers (OEMs) like Maruti Suzuki and Mercedes-Benz, making it extra established within the vehicle business.
In February, the agency signed a three way partnership with Japan’s Sanko to supply eco-friendly packaging options in India and Europe. The partnership is meant to enhance materials dealing with efficiencies and decrease logistics bills.
Q3 earnings miss analyst expectations
Regardless of its worldwide presence, Samvardhana Motherson’s Q3 FY25 outcomes have been disappointing. Samvardhana Motherson reported a consolidated revenue of Rs 878.9 crore, which was under analysts’ projections, damage by mushy international automotive gross sales.
With Goldman Sachs’ help and enlargement plans in place, buyers might be keenly monitoring Samvardhana Motherson’s future efficiency within the auto element sector.
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