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The latest announcement is out from Samvardhana Motherson International Limited ( (IN:MOTHERSON) ).
Samvardhana Motherson International Limited has completed the acquisition of the remaining 10% stake in Motherson Lumen Systems South Africa Pty Ltd, making it an indirect wholly owned subsidiary. This strategic move is expected to enhance the company’s operational control and strengthen its market position in the automotive components industry.
More about Samvardhana Motherson International Limited
Samvardhana Motherson International Limited is a prominent player in the automotive industry, focusing on the production and supply of automotive components and systems. The company has a global presence and is known for its comprehensive range of products and services catering to the needs of the automotive sector.
Average Trading Volume: 1,300,321
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1214.8B INR
Find detailed analytics on MOTHERSON stock on TipRanks’ Stock Analysis page.