Announced Wed, 17 Jun · 11:36 IST
Subsidiary SMR Automotive announces acquisition
Strategic Transactions View source PDF
MOTHERSON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹147.32
prior close
₹146.46
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.2+0.1+0.1-1.8-1.6-1.2-2.4-1.8+1.0-3.1-2.0——
Up moveDown movePending
AI summary
Samvardhana Motherson International has informed the stock exchange that its indirect wholly-owned subsidiary SMR Automotive (Langfang) Co., Ltd is making an acquisition. Full details of the target and transaction terms were not visible in the available headline.
Likely market impact
Acquisition by subsidiary may expand business footprint. Impact on shareholders depends on deal size, target, and funding.