Motherson Declares Interim Dividend As Stock Rebounds 15% From Lows; Will Bulls Push It To Rs 160?

Based in Noida, Samvardhana Motherson International Ltd. is a multinational Indian producer of automobile components. It is listed among the top 15 automotive suppliers globally and is one of the largest and most rapidly expanding producers of parts for the transportation and automotive sectors. Following the Board's announcement of the record date for the FY25 interim dividend, Samvardhana Motherson International's shares closed Monday's trading session 1.99% higher on the NSE at Rs 133.96 a share, with a market capitalization of Rs 90.84KCr.

Samvardhana Motherson International Dividend

"Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), this is to inform that the Board of Directors of the Company in its meeting held on Friday, March 21, 2025, inter-alia, has approved declaration of Interim Dividend of INR 0.50 (Fifty Paisa only) per equity share (face value of INR 1/- each) for the financial year 2024-25 on the Equity Shares of the Company," said Samvardhana Motherson International in a stock exchange filing.

The Board of Directors has fixed "Record Date" for the purpose of payment of Interim Dividend as Friday, March 28, 2025 as per the company.

"The Interim Dividend shall be paid within the stipulated time in accordance with the law/regulation to the equity shareholders of the Company, whose name appears on the Register of Members of the Company or in the records of the Depositories as beneficial owners of Equity Shares as on the Record Date fixed for this purpose," Samvardhana Motherson International informed stock exchanges.

Samvardhana Motherson International News

"Samvardhana Motherson International Limited ("the Company") had acquired 55% of equity share capital of CIM Tools Private Limited ("CIM Tools") on April 6, 2022, thereby making CIM Tools as a subsidiary of the Company. The Board of Directors of the Company at its meeting held on March 21, 2025, approved subscription of upto 20,000 (Twenty Thousand) numbers of 9.25% Compulsory Convertible Debentures of face value Rs. 1,00,000/- each (Rupees One Lac Only) aggregating upto Rs. 200 crore (Rupees Two Hundred Crores Only) ("hereinafter referred as "CCD") on preferential basis, in one or more tranches, issued by CIM Tools," said Samvardhana Motherson International in a regulatory filing on Friday.

On Monday, Samvardhana Motherson International successfully acquired 51.99% of the voting rights in Atsumitec Co. Ltd (ATC) through Motherson Global Investments B.V., a fully owned subsidiary that was formerly known as SMRC Automotive Holdings Netherlands B.V. After all previous requirements were met, the deal, which was first disclosed in the company's letter dated December 6, 2024, was formally completed on March 24, 2025. Motherson also stated that the previously announced arrangement, which included the purchase of Atsumitec Indonesia's stake and the buyback of Honda Motor's shares in ATC, is anticipated to be completed by March 31, 2025.

Samvardhana Motherson International Share Price Target

Mandar Bhojane - Equity Research Analyst at Choice Broking said, " MOTHERSON is currently trading at ₹134, rebounding from the 200-day EMA support and forming a bullish engulfing pattern on the weekly timeframe, signaling a potential reversal. The stock has also broken out of a falling trend line, confirming a trend reversal with rising volumes, indicating strong buying interest. After being under selling pressure since mid-October, the stock has recovered nearly 15% from its recent low, suggesting growing bullish sentiment."

"On daily chart It has closed above the 20-day EMA and is approaching the 50-day and 200-day EMAs. A decisive close above these levels would further reinforce the bullish outlook. A sustained move above ₹138 would serve as an ideal entry point, with an upside target of ₹160. Traders may also enter at ₹134, with a stop-loss at ₹118. While the trade setup appears favorable, traders should manage risk effectively and stay cautious of short-term volatility," the analyst further recommended.

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