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Samvardhana Motherson gains after subsidiary acquires auto parts company

Samvardhana Motherson gains after subsidiary acquires auto parts company
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samvardhana motherson share price: Samvardhana Motherson shares jump over 8%, hit 52-week high on acquisition of stake in Honda Motor arm Yachiyo

Samvardhana Motherson has entered into a partnership with Honda Motor under which it will form an 81:19 strategic partnership with the latter where both partners will drive the company towards a strong and sustainable future and be fully prepared for next-generation products and technologies, SAMIL said in a regulatory filing to the stock exchanges on Tuesday

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