India's Samvardhana Motherson rises on quarterly profit beat

Samvardhana Motherson International

14/11/2025 06:59

** Samvardhana Motherson International SAMD.NS as much as 3.98% to 113.47 rupees, highest since December 6, 2024; among three gainers on auto index .NIFTYAUTO

** Auto parts maker's quarterly consol net profit of 8.27 billion rupees ($94 million) beats analysts' estimate of 8.02 billion rupees

** JP Morgan ("overweight"; PT: 105 rupees) says margins for modules, polymer segment drove biggest beat in overall margins as structural improvements being implemented in Europe started bearing results

** Citi ("sell"; PT: 85 rupees) says co's ramp-up in consumer electronics, aerospace divisions expected to offset impact of low EV production

** More than 45.05 million shares traded, ~3x the 30-day avg

** Stock rated "buy" on average; median PT is 126 rupees, per data compiled by LSEG

** SAMD last up 1.23%, taking YTD gains to 6.14%

($1 = 87.8950 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))