ECONOMY

Sandhar Technologies On The Road To Recovery: Dolat Capital 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Sandhar Technologies Ltd. reported strong Ebitda growth (up 38% YoY) led by strong operating leverage, cost control measures and healthy subsidiary performance.

Consolidated revenue grew 23.5% YoY led by strong growth in cabin and fabrication, sheet metal and aluminium die casting (ADC) business.

Recovery in two-wheeler volume, pick up in infra and construction business, strong traction in ADC business, exponential growth in aftermarket and increase in content per vehicle are key earning drivers in the near to medium term.

Click on the attachment to read the full report:

Dolat Capital Sandhar Technologies Q3FY21 Result Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
reliableuk Governmental News Finance News

Source link

Back to top button