HomeNewsBusinessStocksSundram Fasteners may test Rs 760: Anand Rathi

Sundram Fasteners may test Rs 760: Anand Rathi

The company achieved the reported PAT of Rs. 106 cr, a growth of 17.8 percent year-on-year with a net margin of 10.9 percent.

November 19, 2018 / 11:43 IST
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Mangalam Organics has gained 1324 percent in the last 5 years. As of June 10, 2015, the share price was Rs 23.15 per share and now the current share price is Rs 329.75 with a market cap of Rs 282 crore.
Mangalam Organics has gained 1324 percent in the last 5 years. As of June 10, 2015, the share price was Rs 23.15 per share and now the current share price is Rs 329.75 with a market cap of Rs 282 crore.

Anand Rathi

Sundram Fasteners'revenue from operations improved by 22.4 percent year on-year to Rs. 971 crore.

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The company achieved the reported PAT of Rs 106 crore, a growth of 17.8 percent year-on-year with a net margin of 10.9 percent.

The company is significantly adding capacity and has incurred Rs 200-300 crore capital expenditure in FY18.