samvardhana motherson shares

F&O Stock Strategy: How to trade Samvardhana Motherson and IRCTC today

by
F&O Stock Strategy: How to trade Samvardhana Motherson and IRCTC today

It was a negative start to the week for the Indian markets as Nifty formed a strong bearish engulfing candlestick on the daily charts. This correction is on the expected lines as Nifty was at significantly higher levels than its 50-day mean price. In addition, the uncertainty around the corporate earrings may also play a … Read more

Samvardhana Motherson Q1 Results: Cons PAT soars 4-fold YoY to Rs 601 crore

by
Samvardhana Motherson Q1 Results: Cons PAT soars 4-fold YoY to Rs 601 crore

MUMBAI – Samvardhana Motherson International on Thursday reported robust numbers for the June quarter, as consolidated net profit surged over four-fold year-on-year (YoY) to Rs 601 crore. Consolidated revenue from operations increased 27% YoY to Rs 22,462.20 crore. The operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA), soared 69% on year … Read more