Motherson Sumi and the growth challenge
Last week, Motherson Sumi unveiled its detailed 5-year plan where it set an ambitious target of reaching sales figures totalling ₹2.6 lakh Cr by 2025. That means they’ll have to quadruple sales over the next five years. And while such lofty proclamations are usually met with derision, investors and analysts have been quite optimistic about the company’s prospects. In fact, its stock price made a yearly high right after the announcement.
So we have to look at this more closely and ask — Do these claims warrant serious consideration or are they mostly fluff? Well, in today’s Finshots Markets, we will discuss this and more.
