Sandhaar technologies is a tier 1 auto parts manufacture company which serves two wheelers, four wheelers, commercial vehicals and tractors in india and globally.
It manufactures and sells a wide range of componets from locks, locking system, mirrors, metal sheets, handles, panels, seatbelt pools and many more. With a market cap of 3050 crores, stock is currently trading at Rs 506.60 price.
Fundamentals -
1. PE - 17
2. ROE - 12%
3. ROCE - 12% ( an improvement in Roce compared to previous years)
4. Cash Flow - positive
Technically, stock will give a breakout above 600 price and that will be a buy signal.
Note
stock surged on good quarterly results and gave breakout. Took long trade at 610 level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.