Samvardhana Motherson’s shares surged following a robust Q4FY25 performance, marked by a 20% YoY increase in net profit, reaching Rs 1,050.5 crore. The company announced a 1:2 bonus issue and a final dividend of Rs 0.35 per share. Additionally, the board approved raising up to Rs 8,500 crore through NCDs, with FY25 net profit soaring 40% to Rs 3,803.02 crore.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,