Jefferies Remains a Buy on Samvardhana Motherson International Limited (MOTHERSON)


Jefferies Remains a Buy on Samvardhana Motherson International Limited (MOTHERSON)

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In addition to Jefferies, Samvardhana Motherson International Limited also received a Buy from CLSA's Basudeb Banerjee in a report issued on May 30. However, yesterday, Investec maintained a Hold rating on Samvardhana Motherson International Limited (NSE: MOTHERSON).

Based on Samvardhana Motherson International Limited's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of INR276.68 billion and a net profit of INR8.8 billion. In comparison, last year the company earned a revenue of INR232.94 billion and had a net profit of INR2.02 billion

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