Sundaram Fasteners: Potential Buying OpportunitySundaram Fasteners is currently at a strong support level around ₹1,000, having declined 30% from its all-time high. This presents a potential buying opportunity for investors.
Fundamental Points for Sundaram Fasteners (2024):
Market Capitalization: Approximately ₹22,566 crore.
P/E Ratio: Around 4
Next report date
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Report period
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EPS estimate
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Revenue estimate
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25.65 INR
5.39 B INR
59.41 B INR
94.31 M
About SUNDRAM FASTENERS LTD
Sector
Industry
Website
Headquarters
Chennai
Founded
1962
ISIN
INE387A01021
FIGI
BBG000D0JGZ0
Sundram Fasteners Ltd. is engaged in the manufacture and sale of fabricated metal products and motor vehicle parts and accessories. Its products include bolts and nuts, water and petrol pumps, sintered products, cold extruded components, hot and warm forged parts, and radiator caps. It operates through the following segments: Passenger Vehicles, Commercial Vehicles, Three Wheelers, and Two Wheelers. The company was founded on December 10, 1962 and is headquartered in Chennai, India.
Sundram Fasteners Ltd Chart AnalysisDetailed Chart Analysis for Sundram Fasteners Ltd. (4-Hour Timeframe):
The chart uses **Heikin Ashi candles**, which are designed to smooth price movements and highlight trends. Below is a breakdown of the key elements:
### 1. **Price Action and Heikin Ashi Candles**:
- **Trend Analysis**:
SUNDRMFAST Trading Within Tested Demand ZoneSUNDRMFAST is currently trading at ₹1164.2, positioned within its tested demand zone between ₹1153.6 and ₹1125, established on 15th May 2024. This zone has already shown support in the past, suggesting continued buying interest around these levels. Investors may consider this range for potential acc
medium term trading opportunity in Sundaram FastenersHi,
NSE:SUNDRMFAST has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum
Sundram Fastners - Breakout Setup, Move is ON...#SUNDRMFAST trading above Resistance of 1400.75
Next Resistance is at 1887
Support is at 1003
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated)
Target 4 (94%) achieved in Sundram Fastners. Target 5 is ON...This is follow-up on Sundram Fastners. Can check link to related ideas.
Target 4 achieved. More than 94%. Target 5 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not bu
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SUNDRMFAST is 981.60 INR — it has decreased by −0.63% in the past 24 hours. Watch SUNDRAM FASTENERS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SUNDRAM FASTENERS LTD stocks are traded under the ticker SUNDRMFAST.
SUNDRMFAST stock has fallen by −2.13% compared to the previous week, the month change is a 1.82% rise, over the last year SUNDRAM FASTENERS LTD has showed a −23.67% decrease.
We've gathered analysts' opinions on SUNDRAM FASTENERS LTD future price: according to them, SUNDRMFAST price has a max estimate of 1,231.00 INR and a min estimate of 930.00 INR. Watch SUNDRMFAST chart and read a more detailed SUNDRAM FASTENERS LTD stock forecast: see what analysts think of SUNDRAM FASTENERS LTD and suggest that you do with its stocks.
SUNDRMFAST reached its all-time high on Jul 18, 2024 with the price of 1,505.95 INR, and its all-time low was 7.25 INR and was reached on Jul 26, 2001. View more price dynamics on SUNDRMFAST chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SUNDRMFAST stock is 2.58% volatile and has beta coefficient of 0.73. Track SUNDRAM FASTENERS LTD stock price on the chart and check out the list of the most volatile stocks — is SUNDRAM FASTENERS LTD there?
Today SUNDRAM FASTENERS LTD has the market capitalization of 206.29 B, it has increased by 1.65% over the last week.
Yes, you can track SUNDRAM FASTENERS LTD financials in yearly and quarterly reports right on TradingView.
SUNDRAM FASTENERS LTD is going to release the next earnings report on Aug 7, 2025. Keep track of upcoming events with our Earnings Calendar.
SUNDRMFAST net income for the last quarter is 1.24 B INR, while the quarter before that showed 1.30 B INR of net income which accounts for −4.55% change. Track more SUNDRAM FASTENERS LTD financial stats to get the full picture.
SUNDRAM FASTENERS LTD dividend yield was 0.79% in 2024, and payout ratio reached 28.06%. The year before the numbers were 0.63% and 27.59% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jun 14, 2025, the company has 10.54 K employees. See our rating of the largest employees — is SUNDRAM FASTENERS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SUNDRAM FASTENERS LTD EBITDA is 9.44 B INR, and current EBITDA margin is 15.83%. See more stats in SUNDRAM FASTENERS LTD financial statements.
Like other stocks, SUNDRMFAST shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SUNDRAM FASTENERS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SUNDRAM FASTENERS LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SUNDRAM FASTENERS LTD stock shows the neutral signal. See more of SUNDRAM FASTENERS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.