Why Is Vinit Bolinjkar Of Ventura Securities Optimistic On Samvardhana For Better Price Performance?
Why Is Vinit Bolinjkar Of Ventura Securities Optimistic On Samvardhana For Better Price Performance?
Business Today
- Updated Sep 13, 2024 3:00 PM IST
Samvardhana Motherson, a key player in the automotive components sector, has recently reiterated a sell rating on its stock. The decision stems from several challenges facing the company, including high debt levels, rising input costs, and slower-than-expected recovery in the global automotive market. Despite the company's global presence and diverse portfolio, analysts have expressed concerns over its financial stability and limited short-term growth prospects.
