Samvardhana Motherson shares rise after JV approval and dividend
after close1 source ↓written by the desknot a recommendation
- to an intraday
- 3.13%
- after the board
- ₹115.25
- per share
- ₹0.35
- higher
- 1.24%
- as of 11
- ₹113.14
Shares of Samvardhana Motherson International surged 3.13% to an intraday high of ₹115.25 after the board approved a joint venture with Hellmann Worldwide Logistics. Additionally, an interim dividend of ₹0.35 per share was declared for FY26. The stock was trading 1.24% higher at ₹113.14 as of 11:11 AM.
Not investment advice. For informational purposes only.