Stock Radar: 100% in a year! Why Samvardhana Motherson is a ‘buy on dips’ stock as it nears record highs

Samvardhana Motherson International is nearing a breakout from a 2-month consolidation phase, having surged over 100% in the past year. Experts suggest that a close above Rs 208 could lead the stock to new highs around Rs 225. The stock is trading above key moving averages, indicating strong bullish momentum.