Buy Samvrdhna Mthrsn Intl, target price Rs 128: IIFL Securities
IIFL Securities recommends buying Samvrdhna Motherson International at the current market price of Rs 112. The brokerage firm has set a target price of Rs 128 for the stock, indicating a potential upside of over 10%. IIFL Securities believes that the company's strong financials and growth prospects make it a compelling investment opportunity. Samvrdhna Motherson International is a leading global supplier of automotive components and systems. The company has a strong presence in India and Europe, and it is expanding its operations in other regions. IIFL Securities expects the company to benefit from the growing demand for automotive components in emerging markets.
About Samvrdhna Mthrsn Intl:
Samvrdhna Motherson International (SAMIL) is a leading global automotive component manufacturer and supplier based in India. The company provides a diverse range of products including electrical distribution systems, mirrors, polymer products, seating systems, cockpit modules, and safety critical components. SAMIL operates over 450 plants in 41 countries, serving major automakers worldwide. The company is known for its innovative technology, quality products, and customer-centric approach. It has a strong presence in India, Europe, and North America, and is rapidly expanding into other emerging markets.
52 Week Price Trend:
Samvardhana Motherson International (SAMIL) trades at Rs 112.52, within a 52-week range of Rs 61.8 to Rs 123.45. The stock's proximity to its 52-week low suggests potential upside, while the gap from its 52-week high indicates room for further recovery. SAMIL's current valuation may present an opportunity for investors seeking exposure to the automotive component space. The company's fundamentals and market conditions should be thoroughly evaluated before making an investment decision.
Stratzy's MOST Analysis:
MOTHERSON's BBB rating from Stratzy's MOST framework indicates that the company has a medium level of fundamental risks. This rating is based on an assessment of the company's management, outlook, safety, and trend. MOTHERSON has performed well in terms of its management and safety pillars, but has received lower scores for its outlook and trend pillars. This suggests that while the company is currently performing well, there may be some concerns about its future growth prospects.
Company's Fundamentals:
Samvardhana Motherson International (NSE: MOTHERSON) is a company listed on the National Stock Exchange of India (NSE). As of today, it has a stock price-to-earnings (PE) ratio of 48.69, indicating that investors are willing to pay 48.69 times the company's annual earnings per share. Its price-to-book (PB) ratio is 3.47, suggesting that the market value of the company's assets is 3.47 times its book value. Additionally, the company offers a dividend yield of 0.56%, indicating that investors can expect to receive an annual dividend of 0.56% of the current stock price.
Fundamental and Technical information provided in this blog were last updated on 21 Mar, 2024
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