Support and Resistance Levels
Past performance
About Sundram Fasteners Ltd Sundram Fasteners Limited, a leader in India's auto component manufacturing sector, is part of the USD 8.5 billion TVS Group. Established in 1962, the company specializes in producing bolts, nuts, water pumps, sintered products, and other automotive components. It has established technical collaborations with German firms to enhance its product offerings and has a strong export presence, notably supplying radiator caps to General Motors. Sundram Fasteners has expanded internationally, with subsidiaries in China, the UK, and Malaysia, and has a history of strategic acquisitions and collaborations.
The company has diversified into renewable energy, setting up wind farms and solar power plants. It continues to invest heavily in capital projects and R&D to innovate and expand its product line. Recent years have seen significant organizational restructuring, including amalgamations and the establishment of new subsidiaries, to streamline operations and improve competitiveness. As of 2022, TVS Sundram Fasteners Private Limited became the primary promoter, holding a 49.53% stake in the company.