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Samvardhana Motherson International Limited ( (IN:MOTHERSON) ) has issued an announcement.
Samvardhana Motherson International Limited has announced the acquisition of the remaining 10% stake in Motherson Lumen Systems South Africa Pty Ltd, making it an indirect wholly owned subsidiary. This move is part of a strategic effort to streamline operations and enhance decision-making efficiency, ensuring that the company fully benefits from future growth opportunities.
More about Samvardhana Motherson International Limited
Samvardhana Motherson International Limited operates in the automotive industry, focusing on the design, manufacture, and supply of OEM-certified automotive parts, accessories, and dealer fit products.
Average Trading Volume: 1,477,069
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1259.1B INR
See more data about MOTHERSON stock on TipRanks’ Stock Analysis page.