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

Government’s production linked incentive scheme will be good for the automotive sector, says firm

Sundram Fasteners says it will invest around Rs 400 cr in next 2 years

‘All segments in auto sector expected to post a double-digit growth in FY23’

Sundram Fasteners lines up fresh investment of ₹400 cr.

The company plans to make additional investments of ₹300 crore over the next two years in ramping up capacity in wind energy business

Sundram Fasteners to invest ₹750 crore in capacity ramp-up of emerging businesses

Sharekhan is bullish on Sundram Fasteners has recommended buy rating on the stock with a target price of Rs 1030 in its research report dated April 22, 2022.

Buy Sundram Fasteners: target of Rs 1030: Sharekhan

: Sundram Fasteners Ltd., engaged in manufacturing of auto components, on Saturday said the standalone net profit was at Rs 71.41 crore for the fourth quarter ending March 31, 2021.

Sundram Fasteners reports standalone Q4 net profit at Rs 71.41 cr

Sundram Fasteners consolidated net profit declines 24.33% in the March 2022 quarter

The company had reported a consolidated net profit of Rs 140.80 crore in the same period of the 2020-21 fiscal

Auto components maker Sundram Fasteners’ Q4 profit drops 24% to Rs 107cr

Consolidated PAT in FY22 is the highest-ever recorded in a year

Sundram Fasteners posts a 45 per cent fall in Q4 profit on cost increases

Full-year profit rises 24.2% to ₹407.46 crore

Sundram Fasteners Q4 net profit dips to 71.41 cr.

Buzzing stocks: 3i Infotech, JSW Energy, Cyient, Sundram Fasteners, TVS Motor, Sasken Tech, Railtel Corp, Apollo Tyres, Goa Carbon, Aditya Birla Money, MMTC, Hind Zinc

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Sundram Fasteners has projected an investment of over Rs 350 Crores for manufacturing Advanced Automotive Technology (AAT) components like powertrain sub-assemblies for Electric Vehicles (EV) and select Internal Combustion Engine (ICE) vehicles out of its planned five-year capital expenditure amount…

Sundram Fasteners receives GOI approval under PLI

Sundram Fasteners Limited is a holding company, engaged in manufacturing high tensile fasteners, and motor vehicle parts and accessories.

Sundram Fasteners Ltd

Sundram Fasteners 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

Sundram Fasteners says it will invest around Rs 400 cr in next 2 years

Sundram Fasteners lines up fresh investment of ₹400 cr.

Sundram Fasteners to invest ₹750 crore in capacity ramp-up of emerging businesses

Buy Sundram Fasteners: target of Rs 1030: Sharekhan

Sundram Fasteners reports standalone Q4 net profit at Rs 71.41 cr

Sundram Fasteners consolidated net profit declines 24.33% in the March 2022 quarter

Auto components maker Sundram Fasteners’ Q4 profit drops 24% to Rs 107cr

Sundram Fasteners posts a 45 per cent fall in Q4 profit on cost increases

Sundram Fasteners 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

Sundram Fasteners says it will invest around Rs 400 cr in next 2 years

Sundram Fasteners lines up fresh investment of ₹400 cr.

Sundram Fasteners to invest ₹750 crore in capacity ramp-up of emerging businesses

Buy Sundram Fasteners: target of Rs 1030: Sharekhan

Sundram Fasteners reports standalone Q4 net profit at Rs 71.41 cr

Sundram Fasteners consolidated net profit declines 24.33% in the March 2022 quarter

Auto components maker Sundram Fasteners’ Q4 profit drops 24% to Rs 107cr

Sundram Fasteners posts a 45 per cent fall in Q4 profit on cost increases

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