Sandhar Technologies rises on inaugurating manufacturing facility in Halol
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Sandhar Technologies is currently trading at Rs. 255.05, up by 3.95 points or 1.57% from its previous closing of Rs. 251.10 on the BSE.
The scrip opened at Rs. 259.00 and has touched a high and low of Rs. 259.00 and Rs. 254.45 respectively. So far 2218 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 333.00 on 15-Sep-2021 and a 52 week low of Rs. 182.75 on 04-May-2021.
Last one week high and low of the scrip stood at Rs. 260.80 and Rs. 245.50 respectively. The current market cap of the company is Rs. 1511.39 crore.
The promoters holding in the company stood at 70.38%, while Institutions and Non-Institutions held 16.44% and 13.18% respectively.
Sandhar Technologies through its wholly owned subsidiary -- Sandhar Engineering has inaugurated its manufacturing facility Phase 1 at Halol, Gujarat and commenced the commercial production of sheet metal & fabrication components/parts from May 02, 2022. The addition of this manufacturing facility will strengthen company’s presence in western India.
Sandhar Technologies has established itself as manufacturer of automobile accessories, safety locks, door hardware etc.
