TSX:MGAuto Components
Why Did Magna International (TSX:MG) Move Today?
Magna International (TSX:MG) has committed an additional $35 million to Bengaluru based Yuma Energy, increasing its majority stake in the battery swapping specialist for electric two and three wheelers across 18 Indian cities.
At a share price of CA$91.05, Magna International has seen a 21.37% year to date share price return. Its 1 year total shareholder return of 51.42% points to stronger long term sentiment than the recent 5.29% 1 month share price pullback suggests, as investors weigh...