Buy Samvardhana Motherson International, target price Rs 180: JM Financial
Samvardhana Motherson International with a target price of Rs 180. The current market price of Samvardhana Motherson International Ltd. is Rs 147.6.
Samvardhana Motherson International Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 100087.74 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 31-03-2024, the company reported a Consolidated Total Income of Rs 27141.81 Crore, up 5.40 % from last quarter Total Income of Rs 25752.26 Crore and up 20.35 % from last year same quarter Total Income of Rs 22551.94 Crore. Company reported net profit after tax of Rs 1367.48 Crore in latest quarter.
Promoter/FII Holdings Promoters held 60.36 per cent stake in the company as of 31-Mar-2024, while FIIs owned 12.44 per cent, DIIs 18.15 per cent.
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