Samvardhana Motherson shares rally 9%, reverses losses as Trump halts Mexico tariffs

Samvardhana Motherson International shares surged 9% to Rs 142.15 following Trump’s decision to pause tariffs on Mexico and Canada. The company, reliant on exports (80% of revenue), was impacted by tariff uncertainty. Additionally, a joint venture with Hamakyorex of Japan boosted market sentiment. Despite a 10.43% YTD loss, the stock has gained 20.08% over the past year.