Monday, October 12
Shares of Samvardhana Motherson rose over 4% to Rs 158.60 on the BSE on Friday after the company reported a 20% year-on-year (YoY) increase in net profit for Q4FY25, and announced a 1:2 bonus issue.The auto component major posted a net profit of Rs 1,050.5 crore for the March quarter, up from Rs 878.63 crore in the same period last year. Revenue from operations grew 6% YoY to Rs 29,316.83 crore, compared to Rs 27,665.92 crore in Q4FY24.Alongside its earnings, the company’s board recommended a 1:2 bonus issue, meaning shareholders will receive one bonus share for every two shares held, subject to approval at the upcoming general meeting.Also read: Bharat Dynamics shares rally 6% as govt plans Rs 40,000 crore defence R&D pushThe board also proposed a final dividend of Rs 0.35 per equi
