Buy Samvardhana Motherson International, target price Rs 150: Prabhudas Lilladher

economictimes.indiatimes.com:

Samvardhana Motherson International with a target price of Rs 150. The current market price of Samvardhana Motherson International Ltd. is Rs 110.05.

Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 74269.58 Crore) operating in Auto Ancillaries sector.
Samvardhana Motherson International Ltd. key Products/Revenue Segments include Auto Electricals, Sale of services, Traded Goods, Other Operating Revenue, Scrap, Export Incentives and Job Work for the year ending 31-Mar-2023.

Financials For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 25752.26 Crore, up 8.94 % from last quarter Total Income of Rs 23639.16 Crore and up 26.56 % from last year same quarter Total Income of Rs 20348.32 Crore. Company reported net profit after tax of Rs 569.20 Crore in latest quarter.

Promoter/FII Holdings Promoters held 64.78 per cent stake in the company as of 31-Dec-2023, while FIIs owned 10.78 per cent, DIIs 15.27 per cent.