Samvardhana Motherson International Ltd is set to acquire assets and shares of Germany’s Dr Schneider Group for €118.3m ($141.2m). Dr Schneider Group is a loss-making asset, currently going through administration. Despite this, the acquisition is expected to create new growth opportunities for Motherson through the addition of a new product portfolio. Last month, Motherson Group acquired Bombardier’s electrical wiring interconnection system business for $10m after acquiring Reydel Automotive in May.
Death Crossovers: These 5 stocks signal bearishness on March 18
In the NSE list of stocks with a market cap over Rs 10,000 crore, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan
March 18, 2025