SAMIL stock price: Motilal Oswal also stated that two intriguing items are in the works: a plastic tailgate and a type-IV hydrogen fuel tank, both of which have the potential to futureproof the company.
- Following that, Samvardhana Motherson International would purchase 81% of the remaining Yachiyo 4W business, forming an 81:19 joint venture with Honda Motor.
- To be sure, Y4W has a 9% global market share in Sunroof Systems and has been a long-term strategic supplier to Honda Motor.
“We see this deal as a strategic positive for SAMIL’s long-term growth, as we believe it helps the company: penetrate deeper with Honda (cross-selling opportunities) and help foray into the global Sunroof and Fuel Tank market,” stated JM Financial.
ROCE is predicted to rise in the future as the supply chain improves, global vehicle sales rebound, operating leverage increases, and profitability improves.
According to the domestic brokerage, the Prysm acquisition is tied to a milestone that, if met, will open up a substantial market in non-auto applications for Samvardhana Motherson International.
“SAMIL’s second large acquisition of a Japanese firm at an attractive valuation impresses.” Given the delisting procedure, completing the transaction by 1QFY25 appears ambitious,” said InCred Equities.
CONCLUSION
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