Synopsis: A stalled trade deal between the US and EU, which could lead to tariffs as high as 30%, might create a problem in global auto supply chains and negatively impact Indian companies like Tata Motors, Sona BLW, Motherson, and Bharat Forge. Given their...
India’s auto component sector is a dynamic and growing industry, achieving a record turnover of Rs 6.14 trillion ($73.1 billion) in FY24, marking a 9.8 percent increase from the previous year. It contributes 2.3 percent to GDP, employs over 1.5 million people,...
In Monday’s trading session, the shares of one of the leading Auto Ancillaries stock specialised in manufacturing a wide range of automotive components, including wiring harnesses, polymer products and rearview mirrors. jumps upto 2.7 percent following the acquisition...
Fundamental Analysis of Samvardhana Motherson International: Last year Motherson Sumi Systems announced the demerger of its DWH business. Later, the demerged company was listed. In addition to this, Motherson Sumi was merged its with parent and its name was changed to...
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