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2026-09-23 03:20:30 pm | Source: Accord Fintech
Samvardhana Motherson International rises on incorporating indirect subsidiary in USA
Samvardhana Motherson International rises on incorporating indirect subsidiary in USA

Samvardhana Motherson International is currently trading at Rs. 164.45, up by 2.45 points or 1.51% from its previous closing of Rs. 162.00 on the BSE.

The scrip opened at Rs. 162.60 and has touched a high and low of Rs. 165.05 and Rs. 162.00 respectively. So far 344735 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 173.25 on 19-Aug-2026 and a 52 week low of Rs. 101.05 on 11-Nov-2025.

Last one week high and low of the scrip stood at Rs. 165.20 and Rs. 158.75 respectively. The current market cap of the company is Rs. 173462.26 crore.

The promoters holding in the company stood at 48.60%, while Institutions and Non-Institutions held 33.52% and 17.89% respectively.

Samvardhana Motherson International has incorporated an indirect subsidiary namely ‘MH Supply Chain’ (MHSCL-US) in Delaware, USA. MHSCL-US is established, inter-alia, with the objects to offer world class supply chain solutions to automotive industry and support customers with essential logistics requirements; and to enhance resilience, efficiency, and stability in supply chains by providing integrated third-party logistics and fourth party logistics services globally.

MHSCL-US is a wholly owned subsidiary of MHSCL JVC Holding, UAE (MHSCL). The company holds 51% shares of MHSCL and 49% by Hellmann Worldwide Logistics (MESA) Holding.

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