Sundram Fasteners Ltd., based in Chennai, has played a crucial role in the Chandrayaan-3 mission.

Sundram Fasteners played a role in Chandrayaan-3 mission

Sundram Fasteners is well-positioned to benefit from the EV revolution.Sundram Fasteners is actively participating in the EV revolution, with orders of over $408M to be executed over 6 yrs, and discussing potential orders of Rs.1000 crore over 5 yrs. The company is investing Rs.300 crore in capacity…

Sundram Fasteners charges ahead with ₹1,000 crore EV orders

Sharekhan is bullish on Sundram Fasteners has recommended buy rating on the stock with a target price of Rs 1369 in its research report dated August 08, 2023.

Buy Sundram Fasteners; target of Rs 1369: Sharekhan

Revenue from operations also declined to Rs 1,216 crore in the June 2023 quarter, as against Rs 1,240 crore in the year-ago quarter.

Sundram Fasteners shares drop after Q1 profit narrows

.Sundaram Fasteners Ltd. reported 13% drop in PAT to ₹113 crore in Q1 of FY 2023. EBITDA stood at ₹197 crore with 16.2% margin. Gross margin improved to 55.8% due to softening of commodity prices and favourable product mix. Consolidated PAT was ₹129 crore with revenue at ₹1,411 crore. Domestic sales…

Sundram Fasteners posts Q1 net at ₹113 crore

NTPC’s stock has given an inverse head and shoulder pattern breakout and has sustained above the previous high, closing at new 52-week high levels.

Stocks to buy: NTPC, Chemplast, ZF Commercial & Sundram Fasteners

Sundram Fasteners charts a 3-year capex of ₹1,000 cr on surge in orders

Sharekhan is bullish on Sundram Fasteners has recommended buy rating on the stock with a target price of Rs 1244 in its research report dated May 08, 2023.

Buy Sundram Fasteners; target of Rs 1244: Sharekhan

It is for the first time in the company’s 57-year history

Sundram Fasteners’ consolidated turnover crosses ₹5,000-crore mark, pays ₹3.06 final

Sundram Fasteners has given a return of 84.33 percent over the last 5 years. Thus outperforming the benchmark Nifty50 index which has given a return of 67.70 percent during the same duration.

Sundram Fasteners stock hits record high with 5% gain on robust Q4 earnings

The company’s consolidated net profit grew by 19 per cent YoY to Rs 127.47 crore, backed by a 8.1 per cent rise in revenue.

Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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