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Vivek Chaand Sehgal

24 Jul 2023

Richest Indian In Aus: How Presence Of Mind Changed Fortunes Of A Billionaire

In 1975, Sehgal established Motherson with his mother and started trading silver. The Hunt brothers' bankruptcy put the company's future in the silver sector in peril. Motherson started producing vehicle parts and ultimately grabbing success out of the hands of failure.

27 May 2022

Samvardhana Motherson Q4 profit at Rs 130 crore

The company had reported a net profit of Rs 849 crore in the March quarter of 2020-21 fiscal.

20 Jan 2017

Motherson Sumi to acquire Finland's PKC Group for 571 mn euro

In one of the biggest acquisitions in auto component space by an Indian firm, Motherson Sumi Systems Ltd (MSSL) will launch a 571 million euro (over Rs 4,150 crore) open tender offer to fully acquire Finland's PKC Group Plc (PKC), a maker of wiring harness.

Motherson Sumi Systems

17 Sep 2016

Motherson Sumi raises Rs 1,993 crore via QIP issue

Auto component firm Motherson Sumi Systems has raised Rs 1,993.44 crore via issuance of 62,884,827 shares to qualified institutional buyers.

25 Jun 2016

Top 10 stocks to be on radar post Brexit

Here are 10 stocks which should be carefully monitored post Brexit.

17 May 2016

Motherson Sumi Q4 net up 21.65% at Rs 413.72 crore

Auto component maker Motherson Sumi Systems today reported 21.65 percent increase in consolidated net profit at Rs 413.72 crore for the fourth quarter ended March 31, 2016, riding on record sales.

12 May 2015

Motherson Sumi Q4 net up 12.4% at Rs 340 crore

The company had posted a net profit of Rs 302.53 crore in the same quarter previous fiscal, Motherson Sumi Systems said in a filing to the BSE.

29 Apr 2015

Motherson Sumi gets orders worth Rs 15,400 cr from Daimler

"MSSL estimates these orders to generate sales revenues of approximately Rs 15,400 crore (around 2.2 billion Euro) over its lifetime and expected to commence from calendar year 2018," it added.

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