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Dolat Capital Report
Sandhar Technologies Ltd. reported strong Ebitda growth (up 38% YoY) led by strong operating leverage, cost control measures and healthy subsidiary performance.
Consolidated revenue grew 23.5% YoY led by strong growth in cabin and fabrication, sheet metal and aluminium die casting (ADC) business.
Recovery in two-wheeler volume, pick up in infra and construction business, strong traction in ADC business, exponential growth in aftermarket and increase in content per vehicle are key earning drivers in the near to medium term.
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