Sandhar Technologies Ltd.
CMP 252
Techno-Fundamental View:
Fundamentals:
Auto Ancillary products.
Into the business of Automotive Locking and Security Systems, Automative Vision systems, Stampings, Operators Cabins, and structural parts, Zinc Die Casting, Aluminium Die-casting, Automotive Optoelectronics Polymers.
43 Manufacturing Facilities
11 Joint ventures
PE Ratio of 16, against 42 of Industry PE
Book value per share is 136.
Recent strong news:
It has Inaugurated a new Manufacturing facility at Nalagarh, Himachal Pradesh, for the manufacturing of Components:
Promotor holdings of 70%, are awesome.
Decent MF holdings by Nippon, Kotak, DSP, IDFC, ICICI, UTI in the small-cap sections
Technicals:
Demand Zones:
Good price to enter now, at 252, Best price is at 215. So add in tranches only.
Disclaimer:
I am not SEBI registered Analyst, nor intend to be one. The above is just for education purpose. Please do your analysis before any investment.
By
Finpati