Samvardhana Motherson share price rises on acquisition news
after close1 source ↓written by the desknot a recommendation
- International increased
- 2.5%
- following an update
- 17 Mar 2026
- in Yutaka Giken
- 81% stake
- in Shinnichi Kogyo
- 11% stake
Shares of Samvardhana Motherson International increased by 2.5% on 17 Mar 2026 following an update on its acquisition strategy. The company is acquiring an 81% stake in Yutaka Giken Co and an 11% stake in Shinnichi Kogyo Co Ltd, enhancing its global presence. The acquisition of Yutaka Autoparts India Private Limited has been finalized, strengthening its position in the automotive component market.
Not investment advice. For informational purposes only.