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ETMarkets Morning Podcast: After 4 years, JP Associates makes a bid for debt recast

ETMarkets Morning Podcast: After 4 years, JP Associates makes a bid for debt recast
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Q4FY21 Result Update - Motherson Sumi Systems - ICICI Direct

Q4FY21 Result Update - Motherson Sumi Systems - ICICI Direct
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Motherson Sumi FY22 capex steady at Rs 2000 crore; scaling up of EV business

Motherson Sumi FY22 capex steady at Rs 2000 crore; scaling up of EV business © Swaraj Baggonkar Motherson Sumi FY22 capex steady at Rs 2000 crore; scaling up of EV business Motherson Sumi Systems has lined up a capital expenditure of Rs 2,000 crore for FY22 which will be used to service the large order book it currently has. The capex guidance for FY22 is largely similar to the capex of FY21. Group company Samvardhana Motherson Automotive Systems Group BV (SMRPBV) saw its order book increase to EUR 15.6 billion as of March 31, 2021 from EUR 13.1 billion as of September 30, 2020. The share of pure electric vehicle programs in the order book jumped to 25 percent by the end of FY21.

Motherson Sumi Systems - Strong FCF generation accelerates net debt reduction - ICICI Securities

Motherson Sumi Systems - Strong FCF generation accelerates net debt reduction - ICICI Securities
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