Sundram Fasteners Ltd. (SUNDRMFAST) Share Price Rises 3.36% Today

Sundram Fasteners Ltd. Share Price rises 3.36% today, reaching Rs 1060.35 with a market cap of Rs 20,844.73 crore.

Sundram Fasteners Ltd. Share Price has seen a notable rise today, increasing by 3.36% to reach Rs 1060.35. This increase comes as the stock opened at Rs 1043.4 and reached a high of Rs 1063.6 during the trading session. With a market capitalisation of Rs 20,844.73 crore, Sundram Fasteners Ltd. is categorized as a Large Cap company. The stock's performance today has caught the attention of investors, although the data does not specify a company-specific catalyst for this movement.

< 36% increase. This places Sundram Fasteners Ltd. among the top gainers in the market, drawing interest from market participants who are keen to understand the underlying factors contributing to this rise.

Sundram Fasteners Ltd. (SUNDRMFAST) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,060.35
Previous Close	Rs 1,025.85
Today's Change	+Rs 34.5 (+3.36%)
Day Open	Rs 1,043.4
Day High	Rs 1,063.6
Day Low	Rs 1,021.25
Current Volume (BSE)	6,434
BSE Traded Volume	6,434
NSE Traded Volume	94,598
Combined NSE + BSE Volume	1,01,032
Turnover	Rs 0.68 crore
Market Capitalisation	Rs 20,844.73 crore
Market Cap Category	Large Cap

Sundram Fasteners Ltd. (SUNDRMFAST) traded at Rs 1,060.35. versus the previous close of Rs 1,025.85, a rise of 3.36%. The stock opened at Rs 1,043.4, reached Rs 1,063.6, touched Rs 1,021.25. Reported volume was 6,434.

Sundram Fasteners Ltd. (SUNDRMFAST) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 20,844.73 crore

The sector's benchmark P/E median is 22.73, with an average of 57.13, indicating a wide range of valuations within the sector. The P/B median is 2.02, with an average of 2.66. These benchmarks provide a context for evaluating Sundram Fasteners Ltd.'s valuation relative to its peers.

In terms of profitability, the sector's ROE median is 7.86%, and the ROCE median is 10.21%. These figures suggest the average performance of companies within the Automobile & Ancillaries sector. Sundram Fasteners Ltd.'s performance in these areas would be a point of interest for investors, although specific figures for the company are not provided.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Benchmark Scope	same sector
Benchmark Median P/E	22.73x
Benchmark Average P/E	57.13x
Benchmark P/E Range	3.51x to 1,940.84x
Benchmark Median P/B	2.02x
Benchmark Median ROE	7.86%
Benchmark Median ROCE	10.21%
Company Market Capitalisation	Rs 20,844.73 crore
Benchmark Median Market Cap	Rs 249.49 crore

Sundram Fasteners Ltd. (SUNDRMFAST) is classified under sector: Automobile & Ancillaries.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

The Automobile & Ancillaries sector, where Sundram Fasteners Ltd. operates, comprises 166 companies. The sector's P/E ratio ranges from 3.51 to 1940.84, with a median of 22.73. This wide range reflects the diverse nature of companies within the sector, from high-growth firms to more established players.

With a market cap of Rs 20,844.73 crore, Sundram Fasteners Ltd. is positioned well above the sector's median market cap of Rs 249.49 crore. This indicates its significant presence within the industry. The sector's ROE and ROCE medians are 7.86% and 10.21%, respectively, providing a benchmark for evaluating the company's financial performance.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
CARRARO INDIA LIMITED	CARRARO	3,064.87	23.33	5.4	17.69	19.27
TVS Srichakra Ltd.	TVSSRICHAK	3,059.49	42.81	2.56	9.41	12.33
Divgi Torqtransfer Systems Ltd.	DIVGIITTS	2,925.72	65.36	4.83	15.05	19.01
Automotive Axles Ltd.	AUTOAXLES	2,920.46	16.76	2.66	12.66	16.97
Panama Petrochem Ltd.	PANAMAPET	2,782.1	12.98	1.88	34.66	41.19

Sundram Fasteners Ltd. (SUNDRMFAST) has a market capitalisation of Rs 20,844.73 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In comparison to its peers, Sundram Fasteners Ltd. holds a strong market position. Peers such as Carraro India Limited and TVS Srichakra Ltd. have market caps of Rs 3064.87 crore and Rs 3059.49 crore, respectively. These companies have P/E ratios of 23.33 and 42.81, indicating varied valuation levels within the sector.

Other peers like Divgi Torqtransfer Systems Ltd. and Automotive Axles Ltd. have P/E ratios of 65.36 and 16.76, respectively. Sundram Fasteners Ltd.

Why Investors Are Watching Sundram Fasteners Ltd.

Investors are closely monitoring Sundram Fasteners Ltd. due to its recent price rise and market positioning. The company's performance today has placed it among the top gainers, drawing attention to its potential for future growth.

• Price Action: 3.36% rise today, reaching Rs 1060.35.
• Sector Position: Significant presence in the Automobile & Ancillaries sector.
• Peer Comparison: Competitive market cap among peers.

Investors should continue to monitor Sundram Fasteners Ltd.'s market movements and sector developments to better understand its potential trajectory.

About Sundram Fasteners Ltd.

Sundram Fasteners Ltd. is a key player in the Automobile & Ancillaries sector, specializing in the manufacture of high-quality fasteners. The company serves a diverse range of industries, including automotive, construction, and industrial machinery. Its product portfolio includes a wide array of fasteners, cold extruded parts, and powder metallurgy components.

With a strong focus on innovation and quality, Sundram Fasteners Ltd. has established itself as a reliable supplier to major automotive manufacturers. The company's strategic initiatives and robust manufacturing capabilities have positioned it as a leader in the fasteners industry, both domestically and internationally.

Track Sundram Fasteners Ltd. Share Price on Univest

Use Sundram Fasteners Ltd. (SUNDRMFAST) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Sundram Fasteners Ltd. Share Price live on Univest, along with technical indicators, fundamental ratios, and market insights. Stay updated with the latest share price movements, 52-week levels, and shareholding patterns to make informed investment decisions.

Frequently Asked Questions

What was Sundram Fasteners Ltd. Share Price today?

Ans. Sundram Fasteners Ltd. Share Price today was Rs 1060.35, marking a 3.36% increase from the previous close of Rs 1025.85. The stock moved 3.36% during the session. The intraday range extended from Rs 1,021.25 to Rs 1,063.6.

Why did Sundram Fasteners Ltd. Share Price rise today?

Ans. The data confirms a 3.36% price rise today, but no specific company-related catalyst was identified for this movement. The stock moved 3.36% during the session. The intraday range extended from Rs 1,021.25 to Rs 1,063.6.

How does Sundram Fasteners Ltd. compare to its peers?

Ans. Sundram Fasteners Ltd. has a competitive market cap compared to peers like Carraro India Limited and TVS Srichakra Ltd. Comparable listed companies include CARRARO INDIA LIMITED, TVS Srichakra Ltd., Divgi Torqtransfer Systems Ltd.

What is the P/E ratio benchmark for the sector?

Ans. The P/E ratio benchmark for the Automobile & Ancillaries sector has a median of 22.73 and an average of 57.13. The relevant peer median P/E is 22.73x. The peer average P/E is 57.13x.

How does the sector's ROE compare?

Ans. The sector's ROE median is 7.86%, providing a benchmark for evaluating company performance within the industry. The relevant peer median ROE is 7.86%. The relevant peer median ROCE is 10.21%.

Where can I track Sundram Fasteners Ltd. Share Price?

Ans. You can track Sundram Fasteners Ltd. Share Price on Univest for live updates, technical indicators, and market insights. The stock moved 3.36% during the session. The intraday range extended from Rs 1,021.25 to Rs 1,063.6.