Page 3 - Motherson Sumi

Motherson Sumi upsizes NCD issue to Rs 2,130 cr on overwhelming demand

The issue was the joint widest distributed debt issuance by an Indian private sector corporate in the current fiscal

Motherson Sumi upsizes its NCD issue to Rs 2,130 cr using greenshoe option

Overall, 24 investors (including 23 qualified institutional buyers) have invested in the non-convertible debentures (NCDs)

Motherson Sumi gets nod to raise up to Rs 3,000 cr through NCD issue

The move comes as the company is trying to stay afloat amid the Covid-19 disruptions the auto component sector has faced due to multiple lockdowns in the past few months

Motherson's Sehgal aims to triple sales by 2025; here's why he can do it

Sehgal believes the company's focus on solving problems with its customers, teamed with an eye for deals, will "give us multiple opportunities in the coming months"

Motherson Sumi: Declining losses at greenfield plants to aid margins

While losses at the greenfield facilities have come down to 19 million euros from 175 million euros in FY20, analysts expect them to turn positive at the operating profit level by the end of FY21

Sensex rises for 4th day, ends 225 pts higher; financial, metal stocks gain

All that happened in the markets today

Global spread helps Motherson Sumi tackle Covid-19 pandemic pain

The third part of the series looks at how the firm used its first-mover advantage to get production back on track

Promoter entity valuation in restructured entity weighs on Motherson

The positives, according to analysts, are a simplified group structure, investment options for minority shareholders and value discovery of international business

Motherson Sumi shares tank over 9% after group restructuring announcement

The company will demerge its domestic wiring harness business into a new firm that will eventually be listed

Motherson Sumi slips 9% after board approves group restructuring plan

Promoter entity SAMIL would be merged into MSSL

Motherson Sumi Systems approves rejig plan to simplify group structure

The reorganisation plan entails a demerger of the domestic wiring harness (DWH) business from MSSL into a new company that is in the process of being incorporated as a wholly-owned subsidiary of MSSL

Street positive on Motherson despite weak outlook, drop in Q4 revenue

Strong operating performance, falling debt keep Street positive

Market Ahead, June 2: All you need to know before the opening bell

A total of 18 companies, including the likes of Britannia, Indigo, and Motherson Sumi, are scheduled to announce their results today which will induce individual stock reactions

Top stock picks by CapitalVia: Buy Bandhan Bank, Motherson Sumi

Breakout from 240 would lead Bandhan Bank's stock to witness more upward movement

Motherson Sumi to Tata Motors: Europe slowdown to hit auto sector hard

Motherson Sumi, Apollo Tyres and Tata Motors to be among the worst affected because of high exposure

Muted outlook, margin pressures may dent Motherson Sumi's prospects

Weak global auto demand a major challenge

Auto component exporters may get benefit from US-China trade deal

Another trigger for the rally is the expectation of an improvement in the European auto market

Margin gains key trigger for Motherson Sumi in Q2; stock rises over 4%

Company puts up a better-than-expected showing in Q2FY20

Moody's downgrades Motherson Sumi outlook to negative on weak performance

The company's European operations accounted for more than 40 per cent of the company's consolidated revenue in the fiscal year ending March 2019

Motherson Sumi Q1 net dips 42% to Rs 361 crore from Rs 618 crore y-o-y

Total revenue from operations rose to Rs 16,792.53 crore for April-June 2019