Samvardhana Motherson's share price increases 16% now
Samvardhana Motherson's share price has recently risen by 16% from its 52-week low. The stock price jumped to ₹131.20 after previously hitting a low of ₹113.10. This increase comes as the company announced an interim dividend of 50% for eligible shareholders. Investors holding shares by the market's close on March 27, 2025, will receive ₹0.50 per share. Experts predict that the share price may reach around ₹145 to ₹160 in the near future. They noted that the stock had previously fallen significantly due to a decline in earnings per share (EPS) and sales, as well as external factors such as tariffs from the U.S. government. Despite these challenges, analysts believe the stock is undervalued and could rebound. Anshul Jain from Lakshmishree Investment suggested that the stock might bounce back, with key support around ₹120. He encouraged investors to look for signs of improved trading volumes and fundamentals before making new investments. Mahesh M Ojha from Hensex Securities advised starting to buy shares in the range of ₹130 to ₹132. He noted that maintaining a stop loss at ₹124 is important for risk management. Current shareholders are advised to hold onto their shares, aiming for target prices of ₹145 and ₹160. In terms of financial performance, Samvardhana Motherson reported a 7.66% increase in revenue for Q3FY25 compared to the previous year. Their profit surged by 62.12%, reaching ₹878.63 crore. However, overall revenue saw a slight decline from the previous quarter, indicating mixed financial results. Investors are urged to do thorough research and consult certified experts before making any decisions, as market conditions can change quickly.