Samvardhana Motherson share price rallies over 3% after Goldman Sachs buys stake worth ₹87 crore

Samvardhana Motherson International share price gained over 3% on Wednesday after Goldman Sachs bought a decent number of shares of the company. Samvardhana Motherson shares gained as much as 3.08% to ₹135.20 apiece on the BSE.

Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for ₹87 crore through an open market transaction.

According to the block deal data on the BSE, Goldman Sachs through its arm - Goldman Sachs (Singapore) Pte - purchased 65.48 lakh shares of Samvardhana Motherson International.

Samvardhana Motherson shares were acquired at an average price of ₹132.7 apiece, taking the transaction value to ₹86.90 crore. The purchase price of the shares was 1.81% higher than Tuesday's closing price of ₹131.15 apiece.

Meanwhile, Hong Kong-based asset management firm Kadensa Capital through its arm - Kadensa Master Fund - sold the same number of the shares at the same price, BSE block deal data showed.

Samvardhana Motherson International reported a consolidated net profit of ₹879 crore for the third quarter of FY25, registering a decent growth from a net profit of ₹542 crore in the year-ago period.

The company's total revenue from operations in Q3FY25 increased to ₹27,666 crore from ₹25,644 crore, year-on-year (YoY).

Samvardhana Motherson Stock Price Trend

Samvardhana Motherson shares have gained over 7% in one month, but the stock of the auto component major has declined 13.5% on a year-to-date (YTD) basis. Over the past six months, Samvardhana Motherson International shares have declined by 37%.

However, in one year, Samvardhana Motherson stock price has risen 15% and the stock has delivered multibagger returns of 107% in two years. The stock has jumped by a staggering 287% in five years.

At 9:30 AM, Samvardhana Motherson shares were trading 2.74% higher at ₹134.75 apiece on the BSE.

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