Research ReportsSamvardhana Motherson Q3 Review: Motilal Oswal Maintains 'Buy' On The Stock, Lowers Target Price — Here's Why
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Samvardhana Motherson Q3 Review: Motilal Oswal Maintains 'Buy' On The Stock, Lowers Target Price — Here's Why
After the stock correction over the last few months, Samvardhana Motherson is attractively valued at 21.3x FY26E/18x FY27E consolidated EPS, adds the brokerage.
Samvardhana Motherson's consolidated Ebitda grew 16% YoY to Rs 26.9 billion (estimate Rs 26.5 billion) and consol adj. PAT grew 20% YoY to Rs 8.8 billion (est Rs 7.9 billion.
(Photo: Company website)
(Photo: Company website)
The stock has corrected over the last few months given an uncertain demand macro in its key regions. However, strong Q3 performance demonstrates Samvardhana Motherson’s business resilience and should allay investor concerns.