Stock to buy: Samvardhana Motherson share price rose more than 4 per cent in intraday trade on the BSE on Monday (September 8). Samvardhana Motherson International shares opened at ₹ 97.11 against their previous close of ₹ 94.60 and rose over 4 per cent to an intraday high of ₹ 98.70. Around 11:25 am, the auto components stock traded 4.12 per cent up at ₹ 98.50, looking set to extend gains to the second consecutive session.
Samvardhana Motherson International share price trend
Samvardhana Motherson shares have remained under pressure over the past year, slipping more than 21 per cent.
On a year-to-date basis too, the stock has lost over 5 per cent. It touched a 52-week low of ₹71.57 on April 7, 2025, after scaling a 52-week high of ₹144.74 on September 27, 2024.
On a monthly scale, the stock is up about 6 per cent in September after a 4 per cent fall in August and a 6 per cent drop in July.
Samvardhana Motherson: Is it a stock to buy?
Experts largely appear positive about the stock for the long term, highlighting significant growth opportunities ahead.
Brokerage firm Motilal Oswal Financial Services has a buy rating on the stock with a target price of ₹114, implying a 21 per cent upside potential.
Motilal analysts attended Samvardhana Motherson’s analyst meet, where management elaborated on its Vision 2030 targets.
According to the brokerage firm, Samvardhana Motherson has set a revenue target of $108 billion for FY30, with other parameters expected to remain stable.
In its core business, Samvardhana Motherson aims to leverage synergies from 23 recent acquisitions and turn around 70 red units inherited through these acquisitions.
Beyond this, Motilal highlighted that aerospace and consumer electronics remain two key growth drivers of the company.
“As a tier 1 supplier to both Boeing and Airbus, the company is well-positioned to witness significant growth opportunities ahead. Being selected as a trusted partner by one of the most renowned brands globally highlights Samvardhana Motherson’s tech capabilities and opens up substantial future growth opportunities in the consumer electronics segment,” said Motilal.
According to Motilal, Samvardhana Motherson is not directly impacted by US tariffs as its facilities are close to most of its customers.
Further, the brokerage firm added that given the rising scale, management would look to unlock value by listing some of its key businesses separately, at an opportune time.
Analysts at brokerage firm JM Financial are also positive about the stock. JM Financial has maintained a buy call on the stock with a target price of ₹110.
Highlighting Samvardhana Motherson’s Vision 2030 investor meet JM Financial said the company has set “four clear targets: (1) gross revenue of $108 billion ( from $25 billion in FY25), (2) maintain group RoCE at 40 per cent, (3) 3CX10 diversification principle (no country, customer, or component should account for more than 10 per cent of revenue), and (4) distribute up to 40 per cent of consolidated profit as dividend.”
“Expansion in product portfolio, acquisitions, and rising content and value in both automotive and non-automotive segments will be the key drivers for top-line growth. Operational efficiency measures, rising contribution from the non-auto business, and the turnaround of 70 acquired units are expected to enhance profitability,” JM Financial said.
Samvardhana Motherson shares appear to be a decent long-term bet. But should you buy the stock at its current price?
Jigar S. Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, recommends initiating a buy position in the ₹99-97 zone.
Patel pointed out a clear trendline breakout in the stock, indicating the potential start of a fresh upward move. The MACD histogram is showing bullish divergence, suggesting that downside momentum is losing strength. Additionally, the MACD signal line has confirmed the positive setup, further supporting the bullish view.
“Based on these technical signals, we recommend initiating a buy position in the ₹99-97 zone with a strict stop-loss at ₹94 to manage risk. The initial upside target is set at ₹106, where profit booking can be considered. Overall, the technical structure favours a bullish bias with a favourable risk-reward ratio,” said Patel.