Sandhar Technologies Ltd. ( (IN:SANDHAR) ) has provided an update.
Sandhar Technologies Limited, through its wholly-owned subsidiary Sandhar Ascast Private Limited, has acquired Sundaram-Clayton Limited’s high and low pressure aluminium die casting business at its Hosur Plant for INR 163 Crores. This strategic acquisition allows Sandhar to expand into the low pressure die casting market, enhance its high pressure die casting capabilities, and diversify its product portfolio, positioning the company for significant growth and reinforcing its leadership in the automotive and industrial sectors.
More about Sandhar Technologies Ltd.
Sandhar Technologies Limited is a prominent company in the automotive components industry, known for its expertise in high pressure die casting. The company focuses on expanding its capabilities in the die casting sector to strengthen its market position and drive future growth.
YTD Price Performance: -26.99%
Average Trading Volume: 15,240
Current Market Cap: 22.9B INR
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