Sandhar Technology: Long term bet

Sandhar Technologies Limited manufactures, assembles, and sells automotive components for two wheeler, four wheelers, and commercial vehicle industry India and internationally. The company offers locking systems, vision systems, door handles, hinges and latches, sheet metal components, zinc die casting products, aluminum die casting products, plastic injection molding products, wheel rims and assemblies, handle bars and assemblies, clutches and fender assemblies, brake panels, fuel level senders, muffler assemblies, molds and dies, cabins and fabrication products, relays, fuel level senders, EVAP products, and vehicles electronic products.

This company has an amazing financial background. The revenue and consistent profit growth imply that this stock is very good for the long run.

The EPS for MAR-17 stated at 7.66
Which brings the stock at a PE multiple of 50

But Undoubtedly the business of the company and the management is fantastic.
One can initiate buy with a time period of 1 to 2 years

Target price of 600
Comment: 442 from 370


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