Samvardhana Motherson shares jump over 4%; Should you buy, sell or hold?

Shares of Samvardhana Motherson International rose sharply in intraday trade on Monday, extending gains for the second straight session. The stock jumped over 4 per cent on the BSE, hitting an intraday high of Rs 98.70, up from the previous close of Rs 94.60.

The stock opened at Rs 97.11 and was trading at Rs 98.50 around 11:25 am, marking a gain of 4.12 per cent as investor sentiment turned positive amid renewed interest in auto and manufacturing-linked stocks.

Samvardhana Motherson: Stock Underperforms YTD but Rebounds in September

Despite Monday’s uptick, Samvardhana Motherson shares have remained under pressure over the past year, declining more than 21 per cent from their 52-week high of Rs 144.74 (hit on September 27, 2024). The stock hit a 52-week low of Rs 71.57 on April 7, 2025.

On a year-to-date basis, the stock is down over 5 per cent. However, it has shown signs of recovery in September, gaining nearly 6 per cent so far, after falling 4 per cent in August and 6 per cent in July.

Brokerages on Samvardhana Motherson: Jefferies Sees Long-Term Growth, Maintains 'Buy'

Brokerage house Jefferies maintained its ‘Buy’ rating on the stock with a target price of Rs 110, implying an upside of around 16 per cent from current levels.

The brokerage highlighted Samvardhana Motherson’s strategic shift beyond the auto sector, with a bold gross revenue target of $108 billion by FY30, up from FY25 levels — representing a 5x growth. Notably, the company aims to increase its non-automotive revenue share to 25–33 per cent by FY30, from just 4.5 per cent in FY25.

“More than the absolute numbers, what stands out is SAMIL’s strong growth appetite and its strategic pivot from autos to broader manufacturing sectors including electronics and aerospace,” Jefferies noted.

The firm also praised SAMIL’s robust manufacturing capabilities and its expanding addressable market, which could help support long-term value creation.