Samvardhana Motherson International Ltd _ Breakout

25 בפבר׳ 2023

Company engaged in the manufacturing and sales of automotive parts. Promoter holding more than 65% with a slight % of promoter pledge. Even though the company is reducing their debt , but net profit declining for last 2 years. Technically it looks so good. Broken 1 year resistance trend line. Seems to get get an upside movement soon .