Samvardhana Motherson’s shares rise 4% as the company addresses fears of a 25% tariff on car imports
Samvardhana Motherson International Ltd shares gained 3.8% to an intraday high of Rs 137 on the BSE on Friday, as the auto accessory firm attempted to ease investor concerns following a share price drop due to Donald Trump’s planned 25% tax on foreign automobile imports. Samvardhana Motherson International Ltd has tried to reassure investors after…