Samvardhana Motherson shares: Shares of Samvardhana Motherson International Ltd advanced by 3.8% due to the company’s announcement that new US tariffs on imported products, including automotive components, would not significantly impact its financials. The stock recovered from earlier losses, influenced by a positive outlook from CLSA.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is