Sundram Fasteners Ltd share price logo

Sundram Fasteners Ltd Share Price (SUNDRMFAST)

₹1072.952.33%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Sundram Fasteners Ltd

Key events for Sundram Fasteners Ltd

  • Sundram Fasteners Reports Flat Q3 Revenue - 04 Feb, 2024

    Sundram Fasteners reported its Q3 2024 results, with revenue remaining flat at ₹14.0b compared to the same period last year. Net income increased by 9.9% to ₹1.29b, and profit margin increased to 9.2% from 8.3% in Q3 2023. The EPS for the quarter was ₹6.12, up from ₹5.57 in Q3 2023. Shares are down 3.3% from a week ago.

  • Sundram Fasteners Reports Increased Net Profit in Q3 - 03 Feb, 2024

    Sundram Fasteners has reported a standalone net profit of Rs 116.19 crore for the October-December 2023 quarter, up from Rs 106.13 crore YoY. The company's EBITDA margin improved to 16.80% due to cost control measures and operational efficiency. Despite floods impacting operations, the company recorded profits and entered into an MoU with Tamil Nadu government for proposed investment of Rs 1,411 crore.

  • Sundram Fasteners' ROCE falls from 29% to 19% - 30 Jan, 2024

    Sundram Fasteners' returns on capital have fallen from 29% to 19% in the last five years, despite having a better ROCE than the Auto Components industry. The company is reinvesting for long-term growth, but it's worth keeping an eye on their earnings to see if these investments contribute to the bottom line.

  • Sundram Fasteners to Invest in Capacity Expansion - 11 Jan, 2024

    Sundram Fasteners has signed an MoU with the Government of Tamil Nadu for a proposed investment of Rs 1,411 crore towards capacity expansion of existing products, including components for electric vehicles.

  • Sundram Fasteners Signs MoU for Capacity Expansion - 10 Jan, 2024

    Sundram Fasteners is set to invest Rs 1,411 crore until 2028 to expand its capacity for existing products, including electric vehicle components, after signing an MoU with the Tamil Nadu government.

Analyst Rating for Sundram Fasteners Ltd stock

based on 3 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 3 analysts offering long term price targets for Sundram Fasteners Ltd. An average target of ₹1390.67

Source: S&P Global Market Intelligence

Sundram Fasteners Ltd share Performance

  • ₹1060.1
    ₹1098.95
    ₹1072.95
    downward going graph

    1.20%

    Downside

    Day's Volatility:3.62%

    Upside

    2.42%

    downward going graph
  • ₹952.1
    ₹1340.7
    ₹1072.95
    downward going graph

    11.26%

    Downside

    52 Weeks Volatility:36.22%

    Upside

    24.95%

    downward going graph
1 Month Return-10.95 %
3 Month Return-10.13 %
1 Year Return11.7 %
Previous Close₹1,098.60
Open₹1,096.20
Volume52.46K
Market Cap₹23,084.70Cr

Sundram Fasteners Ltd Company Information

Sundram Fasteners Ltd is a leading global automotive component manufacturer and supplier based in Chennai, India. Incorporated in 1962, the company is led by CEO and offers a wide range of automotive components, including fasteners, plastic components, assemblies, and forgings. The company is a supplier to some of the world's leading automotive brands, including Toyota, Honda, and Volkswagen.

Sundram Fasteners Ltd operates in four lines of business: fasteners, plastic components, assemblies, and forgings. The company produces a variety of fasteners, such as nuts, bolts, screws, and rivets. It also produces plastic components, such as fuel tanks, bumpers, and interior trim. Sundram Fasteners Ltd manufactures assemblies for steering, suspension, and engine systems, and produces forgings for connecting rods and crankshafts.

Sundram Fasteners Ltd's top products include wheel nuts, wheel bolts, u-bolts, and plastic fuel tanks. The company produces these products under its own brand, as well as popular brands such as Toyota, Honda, and Volkswagen.

Share Price: ₹1072.95 per share as on 28 Feb, 2024 04:01 PM
Market Capitalisation: ₹23,084.70Cr as of today
Revenue: ₹1,367.25Cr as on December 2023 (Q4 23)
Net Profit: ₹129.44Cr as on December 2023 (Q4 23)
Listing date: 20 Jan, 1995
Chairperson Name: Suresh Krishna
OrganisationSundram Fasteners Ltd
HeadquartersChennai
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Fundamentals of Sundram Fasteners Ltd

Insights on Sundram Fasteners Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 13.79% to 14.52% in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 75.4% return, outperforming this stock by 63.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 244.0% return, outperforming this stock by 189.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 48.51% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.42K Cr → 1.39K Cr (in ₹), with an average decrease of 2.2% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 12.83% to 12.51% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 131.87 Cr → 128.66 Cr (in ₹), with an average decrease of 2.4% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 20.75% to 20.49% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, SUNDRMFAST stock has moved down by -11.3%

Sundram Fasteners Ltd Valuation

Sundram Fasteners Ltd in the last 5 years

  • Overview

  • Trends

Lowest (13.79x)

March 25, 2020

Today (44.88x)

February 27, 2024

Industry (55.81x)

February 27, 2024

Highest (60.64x)

March 16, 2021

LowHigh

Sundram Fasteners Ltd Mutual Fund Holdings

Funds Holdings
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option2.03%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth0.86%
Franklin India Prima Fund Direct GrowthFranklin India Prima Fund Direct Growth1.87%
Tata Large & Mid Cap Fund Direct Plan GrowthTata Large & Mid Cap Fund Direct Plan Growth2.76%
Canara Robeco Emerging Equities Direct Plan Growth OptionCanara Robeco Emerging Equities Direct Plan Growth Option0.7%

Sundram Fasteners Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
48.51%
0.00
Foreign Institutions
12.51%
-2.48
Mutual Funds
14.52%
5.26
Retail Investors
20.49%
-1.23
Others
3.97%
-3.71

Technicals of Sundram Fasteners Ltd share

News & Events of Sundram Fasteners Ltd

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Sundram Fasteners Ltd (SUNDRMFAST) share price today is ₹1072.95

Sundram Fasteners Ltd is listed on NSE

Sundram Fasteners Ltd is listed on BSE

  • Today’s highest price of Sundram Fasteners Ltd is ₹1098.95.
  • Today’s lowest price of Sundram Fasteners Ltd is ₹1060.1.

PE Ratio of Sundram Fasteners Ltd is 44.88

PE ratio = Sundram Fasteners Ltd Market price per share / Sundram Fasteners Ltd Earnings per share

Today’s traded volume of Sundram Fasteners Ltd(SUNDRMFAST) is 52.46K.

Today’s market capitalisation of Sundram Fasteners Ltd(SUNDRMFAST) is ₹23084.7Cr.

Sundram Fasteners Ltd(SUNDRMFASTPrice
52 Week High
₹1340.7
52 Week Low
₹952.1

Sundram Fasteners Ltd(SUNDRMFAST) share price is ₹1072.95. It is down -19.97% from its 52 Week High price of ₹1340.7

Sundram Fasteners Ltd(SUNDRMFAST) share price is ₹1072.95. It is up 12.69% from its 52 Week Low price of ₹952.1

Sundram Fasteners Ltd(SUNDRMFASTReturns
1 Day Returns
-25.65%
1 Month Returns
-10.95%
3 Month Returns
-10.13%
1 Year Returns
11.7%