India's Samvardhana Motherson ends at near 3-year high on Q4 profit beat

Minda

29/05/2024 11:28

** Shares of Samvardhana Motherson  SAMD.NS  ends 4% higher
at 147.7 rupees, highest since June 2021
    ** Auto parts maker beats Q4 profit estimates
    ** Stock up 45% YTD, outperforming ~10% gains in rival Minda
Corp  MINC.NS  and 9% gains in S&P BSE 200  .BSE200 

 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))