Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Buy Sandhar Technologies; target of Rs 460: Joindre Capital Services

12 September, 2018 10:49 AM
81 0
Buy Sandhar Technologies; target of Rs 460: Joindre Capital Services

Joindre Capital Services is bullish on Sandhar Technologies has recommended buy rating on the stock with a target price of Rs 460 in its research report dated September 11, 2018.

Incorporated in 1987, a Gurgaon based company, Sandhar Technologies (Sandhar) has been promoted by a first-generation entrepreneur, Jayant Davar, Co-Chairman and Managing Director of the company, who has 30 years of experience in the OEM component manufacturing industry. Sandhar is a component supplier primarily catering to automotive OEMs and is largely focused on safety and security systems of vehicles with a pan-India and growing international presence.

Hence we believe that the Sandhar stock should be purchased at the current price for a price target of around Rs 460 over the next 12 to 15 months.

Source: moneycontrol.com

Share in social networks:

Comments - 0