Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The rating of commercial papers worth Rs80 crore also affirmed at IND A1+.

Ind Ra affirms Sandhar Technologies rating at ‘IND AA-’ with Stable outlook

Sandhar Technologies consolidated net profit rises 471.62% in the June 2022 quarter

The addition of this manufacturing facility will strengthen Company’s presence in Western India.

Sandhar Technologies inaugurates its manufacturing facility in Halol; Stock gains 1%

Buzzing stocks: Adani Group stocks, Future Retail, Reliance Industries, Voltas, RailTel, Rites Ltd, Panchsheel Organics, Sandhar Technologies, Jubilant Foodworks, Paramount Cosmetics (India), Lactose (India), Evexia Lifecare Ltd, NCL Research and Financial Services, Time Audio

Stocks that will see action today

Leading parts makers such as Lumax, Sona Comstar, Minda Industries, and Sandhar Technologies have been forced to look at other de-risking options due to rising input costs, thereby giving the country an opportunity to become a major manufacturing hub.

India could become a global auto parts manufacturing hub

Sandhar Technologies on Wednesday announced that it applied under the Production Linked Incentive (PLI) scheme for automobile and auto components of the Ministry of Heavy Industries, Government of India.

Sandhar Tech applies for PLI scheme

The unit will be manufacturing sheet metal components/parts such as frame parts, complete frames, handlebars, swing arms and other sheet metal parts for two-wheelers.

Sandhar Technologies inaugurates manufacturing facility at Nalagarh; Stock rallies 5%

Sandhar Technologies rallied 4.09% to Rs 272.10 after the company inaugurated its manufacturing facility at Nalagarh, Himachal Pradesh to manufacture sheet metal parts like frame parts, complete frames, handle bars, swing arms etc. for two-wheelers.

Sandhar Technologies spurts on setting up manufacturing unit in Nalagarh, Himachal Pradesh

Sandhar Technologies consolidated net profit rises 9.12% in the September 2021 quarter

This small-cap stock, trading at ₹277 levels, is a long-term play on the transition to EVs expected over this decade

Why you should accumulate shares of Sandhar Technologies

1. Market opens with a banger, this is after the Jackson Hole speech, Nifty and sensex reach a new high

2. Bharti Airtel announces Megha rights issues set to sell shares. TOI reports that Google may be mulling big investments in the Sunil Mittal company  

3. Jio to put its feet in the smartphone business. It is set to launch a low budget smartphone in ties with google and aims to sell 5 crore phones over the next six months 

4. Maruti Suzuki announces another price hike in all models due to increase production inputs, it is the fourth hike in the past year

5. As part of its aspirations to join the Indian market, Tesla Inc is in contact with at least three Indian auto component suppliers. Indian firms include Sona Comstar Ltd., Sandhar Technologies Ltd., and Bharat Forge Ltd.

6. The board of Vedanta Ltd is scheduled to meet in the first week of September to discuss and approve the first interim dividend for 2021-22.
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Sandhar Technologies Ltd

Sandhar Technologies Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ind Ra affirms Sandhar Technologies rating at ‘IND AA-’ with Stable outlook

Sandhar Technologies consolidated net profit rises 471.62% in the June 2022 quarter

Sandhar Technologies inaugurates its manufacturing facility in Halol; Stock gains 1%

Stocks that will see action today

India could become a global auto parts manufacturing hub

Sandhar Tech applies for PLI scheme

Sandhar Technologies inaugurates manufacturing facility at Nalagarh; Stock rallies 5%

Sandhar Technologies Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ind Ra affirms Sandhar Technologies rating at ‘IND AA-’ with Stable outlook

Sandhar Technologies consolidated net profit rises 471.62% in the June 2022 quarter

Sandhar Technologies inaugurates its manufacturing facility in Halol; Stock gains 1%

Stocks that will see action today

India could become a global auto parts manufacturing hub

Sandhar Tech applies for PLI scheme

Sandhar Technologies inaugurates manufacturing facility at Nalagarh; Stock rallies 5%

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock