External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

Sandhar Technologies Ltd / Equity Bottom-Up

<p>About the stock: Sandhar Technologies (STL) is a leading auto ancillary player primarily serving Indian auto OEM industry through a host of product categories, such as locking systems, Al die-casting &amp; cabins (together form 57% of sales).</p>
<ul>
<li>Established in 1987 with long-standing customer relationships across segments. The 2-W, PV combined accounted for ~80% of FY21 sales</li>
<li>Sustained improvement in blended EBITDA margin profile over the years accompanied by consistent CFO generation and healthy capital efficiency</li>
</ul>
<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

About the stock: Sandhar Technologies (STL) is a leading auto ancillary player primarily serving Indian auto OEM industry through a host of product categories, such as locking systems, Al die-casting &amp; cabins (together form 57% of sales).

Established in 1987 with long-standing customer relationships across segments. The 2-W, PV combined accounted for ~80% of FY21 sales
Sustained improvement in blended EBITDA margin profile over the years accompanied by consistent CFO generation and healthy capital efficiency

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sandhar Technologies: Multiple Broad-Based Improvement Triggers in Place