SANDHAAR TECHNOLOGIES

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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.
註釋
stock surged on good quarterly results and gave breakout.
Took long trade at 610 level

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