Shares of Samvardhana Motherson International Ltd. gained nearly 2% on Thursday, October 23, despite Volkswagen AG flagging possible production stoppages due to the emerging supply chain issues, as the dispute over Chinese-owned chipmaker Nexperia threatens Europe's auto industry.
Volkswagen AG contributed 9% to Samvardhana Motherson's revenue in financial year 2025, according to the company's annual report, which is the highest among its list of clients.
Samvardhana Motherson has also come out with a mandate that ensures no single client contributes over 10% to the company's total revenue, as part of its latest five-year plan that it shared in September.
Recently, another major client, BMW, which accounted for around 5% of the company's revenue, issued a profit warning as well.
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