India's Sandhar Technologies shares hit 21-month high on strong quarterly earnings

Sandhar Technologies

22/05/2026 10:05

** Auto parts maker Sandhar Technologies SNTL.NS shares rise 6.3% to 622.85 rupees, marking their highest level since August 2024

** Q4 revenue from operations rises 28.9%; net profit climbs 49.8% from a year earlier

** Recommends dividend of 4 rupees/shr

** Co says it is exploring tech collaborations and JVs in vehicle telematics, wheel speed sensors, instrument clusters and other advanced electronics products

** SNTL trades at forward 12-months PE of 15.13 compared to industry median of 24.05

** Co's ROE stands at 15.8%, outperforming most peers, though it remains below UNO Minda and TVS Motor

** YTD, stock up 12.3% vs 4.8% fall in BSE 1000 Index .BS1000

 (Reporting by Abhinav Parmar in Bengaluru)

 ((Abhinav.Parmar@thomsonreuters.com;))