Sandhar Technologies Ltd's subsidiary commissions new plant at Mysore

Sandhar Technologies Limited ("the Company") through its Wholly Owned Subsidiary namely Sandhar Engineering Private Limited has successfully commissioned a state of art Manufacturing Plant at Mysore (Karnataka) and the trial runs are completed. Commercial production is underway and expected to go into mass production by the beginning of October 2023. The addition of this facility will strengthen and increase Company's share into Sheet Metal Components in Automotive Sector for OEM's and other Customers and will provide a boost to the Company's growth prospects.

Shares of Sandhar Technologies Limited was last trading in BSE at Rs. 376.70 as compared to the previous close of Rs. 364.15. The total number of shares traded during the day was 34913 in over 1467 trades.

The stock hit an intraday high of Rs. 382.00 and intraday low of 360.00. The net turnover during the day was Rs. 13129087.00.

Source : Equity Bulls

Keywords

SandharTechnologies INE278H01035 SandharEngineering NewPlant Mysore Karnataka Commissioned