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VERIFIEDET Stocks·positive
Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh in
AI Summary
- ·Samvardhana Motherson International shares increased by over 7% following their Q1 earnings report.
- ·The company reported a record Q1 FY27 revenue of ₹35,244 crore, a 17% year-over-year increase.
- ·Profit after tax saw a 70.1% year-over-year jump to ₹1,032 crore, supported by recent acquisitions.