New Delhi, Nov. 28 -- Samvardhana Motherson International share price hit a 52-week high on Friday led by strong buying momentum. The stock gained as much as 0.60% to touch a fresh high of Rs.116.80 apiece on the BSE.

Samvardhana Motherson shares extended gains for the fourth straight session. The stock has risen more than 7% in four sessions.

On Friday, the stock opened higher at Rs.116.50 apiece as against its previous close of Rs.116.10. The stock touched a high of Rs.116.80 level, and an intraday low of Rs.115.65 apiece, falling nearly 1% from its high level.

In early November, Samvardhana Motherson announced a net profit of Rs.827 crore for the September quarter, which is 6% lower than the net profit of Rs.880 crore reported in th...