Goldman Sachs Purchases Shares
On March 25, 2025, Goldman Sachs made a significant investment by purchasing 65 lakh shares of Samvardhana Motherson International for ₹87 crore. This acquisition was executed through an open market transaction, showcasing the firm’s confidence in the auto components giant.
Details of the Block Deal
According to the block deal data from the Bombay Stock Exchange (BSE), Goldman Sachs (Singapore) Pte acquired these shares at an average price of ₹132.7 per share, culminating in a total transaction value of ₹86.90 crore. Interestingly, this move coincided with a sale of the same volume and at the same price by Kadensa Capital, a Hong Kong-based asset management firm.
Market Impact and Company Performance
Following the block deal, Samvardhana Motherson’s shares fell by 2.13% to close at ₹131.15 on the BSE. Despite this short-term dip, the company reported robust third-quarter results, with a consolidated net profit of ₹879 crore for the quarter ending December 31, 2024, compared to ₹542 crore in the same quarter the previous year. The total revenue rose to ₹27,666 crore, indicating strong growth in operations.
This block deal is a noteworthy development in the financial landscape, illustrating Goldman Sachs’ strategic investments in emerging sectors. As always, investors and analysts will be keenly observing how this deal impacts both the market dynamics and Samvardhana Motherson’s future performance.
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