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Sundaram fasteners ltd, a part of the TVS Group of Companies, is engaged in manufacturing critical, high precision components such as fasteners, power train components etc for the automotive, infrastructure, windmill, and aviation sectors.
Sundram Fasteners reported a strong Q1 FY27, with turnover up 20% to ₹1,618 Cr and standalone profit rising 10% to ₹150 Cr. Volume growth was 13%. Current EBITDA of 16.1% is projected to reach 16.5%. Exports soared over 20%, fueled by strong demand in North American passenger cars, Class 8...