SANDHAR

** Shares of Sandhar Technologies SNTL.NS rise 2% to 407.85 rupees

** Auto Components maker signs agreement to sell property in Bengaluru for 610 mln rupees ($7.2 mln)

** Receives 150 mln rupees as earnest money for the sale

** Stock set to gain for sixth straight session

** SNTL down ~20% YTD

($1 = 85.1280 Indian rupees)

(Reporting by Vijay Malkar)

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April 21 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• SANDHAR TECHNOLOGIES LTD - EXECUTES AGREEMENT TO SELL PROPERTY IN BANGALORE

• SANDHAR TECHNOLOGIES LTD - TRANSACTION VALUED AT 610 MILLION RUPEES

Source text: ID:nNSE8qJP6z

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April 16 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• SANDHAR TECHNOLOGIES LTD - RECEIVES FULL CONSIDERATION FOR STAKE SALE

Source text: ID:nNSE6FFGB2

Further company coverage: SNTL.NS

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** Shares of Sandhar Technologies SNTL.NS up 3.5% to 397.6 rupees
** Automotive parts maker's unit to acquire high-pressure and low-pressure aluminium die casting business of Sundaram Clayton SUNM.NS for 1.63 bln rupees ($19.1 mln)
** Shares of Sundaram Clayton up 1%
** SNTL down ~22% YTD, after gaining 3.1% in 2024

($1 = 85.5700 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

March 27 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• TO ACQUIRE HIGH PRESSURE, LOW PRESSURE ALUMINIUM DIE CASTING BIZ OF SUNDARAM-CLAYTON

• COST OF ACQUISITION IS 1.63 BILLION RUPEES

Source text: ID:nBSE5ZzwBb

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March 17 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• SANDHAR TECHNOLOGIES - ACQUISITION OF ALUMINIUM DIE CASTING BUSINESSES OF SUNDARAM-CLAYTON

• SANDHAR TECHNOLOGIES - APPROVED SALE OF ENTIRE 50% STAKE IN JINYOUNG SANDHAR MECHATRONICS

Source text: [ID:]

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** Sandhar Technologies SNTL.NS surges as much as 15% to 558.65 rupees; biggest intraday pct gains since September 2021

** Automotive parts maker posts 47% rise in Q2 consolidated net profit; rev up 11%

** Profit surge driven by ~15% growth in domestic sales

** Stock sees busiest day in 4 months, with trading vols 6.5x its 30-day avg

** SNTL up 10% YTD

(Reporting by Nishit Navin in Bengaluru)

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** Shares of Sandhar Technologies SNTL.NS jump as much as 3.8% before trimming some gains, last up 2.6% at 659.05 rupees

** Stock had fallen 5.7% in previous session

** The auto parts maker's consol. net profit surged ~36% y/y; rev. from ops up 10%

** Session's gains trim weekly losses to 0.4%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Aug 5 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• COMMISSIONS MANUFACTURING FACILITY IN BEHRAMPUR

Source text for Eikon: ID:nBSE7HHJl4

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June 19 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• HAS DETECTED A CYBER-INCIDENT/THREAT, WHICH HAS AFFECTED A FEW SYSTEMS

• NO CONFIDENTIAL INFORMATION OR DATA HAS BEEN BREACHED AS A RESULT OF THIS INCIDENT

• TECHNICAL TEAM INITIATED NECESSARY PRECAUTIONS AND PROTOCOLS TO MITIGATE IMPACT OF THIS INCIDENT

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March 21 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• MANAGEMENT OF CO DECIDED CURRENT AVAILABILITY OF FUNDS CAN BE MET FROM INTERNAL ACCRUALS

• DECIDED NOT TO PROCEED WITH AVAILING TERM LOAN FACILITY OF 750 MILLION RUPEES

Source text for Eikon: ID:nBSE52GTjR

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** Shares of automotive parts maker Sandhar Technologies SNTL.NS up 12.5% at 495 rupees

** Co reported ~28% rise in Q3 cosol profit after tax, rev from ops up ~23%

** Stock on track to snap six straight sessions of losses

** Shares rose a record 119% in 2023; they have gained ~4% since the co reported Q2 results in Nov

** Over 740,000 shares traded, 8.9x the 30-day avg

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Jan 23 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• PROPOSES TO ACQUIRE 20.08% OF TOTAL ISSUED AND PAID UP SHARE CAPITAL OF SANDHAR TOOLING

Source text for Eikon: ID:nNSE505QMV

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Jan 10 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• SANDHAR TECHNOLOGIES LTD- EXECUTED LEASE DEED WITH GUJARAT INDUSTRIAL DEVELOPMENT CORPORATION

• SANDHAR TECHNOLOGIES LTD- TOTAL CONSIDERATION OF 42.6 MLN RUPEES

Source text for Eikon: ID:nBSE3CQqv8

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** Shares of automotive components maker Sandhar Technologies Ltd SNTL.NS rise as much as 12.2% to 423 rupees, hitting their highest since May 17, 2018

** Co through unit Sandhar Engineering commissions a manufacturing plant in Mysore, Karnataka

** Trial runs are completed, commercial production underway and expected to go into mass production by the beginning of October 2023 - Co

** Shares on track to rise for fifth consecutive session, if trends hold

** More than 887,330 shares traded by 9:58 a.m. IST, 5.9x the 30-day avg

** Stock up 67.6% so far this year, up to last close

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

Aug 9 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• JUNE-QUARTER CONSOL NET PROFIT 213.9 MILLION RUPEES VERSUS 126.9 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.29 BILLION RUPEES VERSUS 6.75 BILLION RUPEES

Source text for Eikon: ID:nBSE41XbHW

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May 25 (Reuters) - Sandhar Technologies Ltd SNTL.NS:

• DIVIDEND 2.5 RUPEES PER SHARE

• MARCH-QUARTER CONSOL NET PROFIT 243.3 MILLION RUPEES VERSUS PROFIT 175 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 7.65 BILLION RUPEES VERSUS 6.84 BILLION RUPEES

Source text for Eikon: ID:nBSE8S1GvF

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