The China facility is running profitably and manufactured fasteners, bearing housings and castings, and the company had invested adequately for the current level of operations there, Krishna said
In view of the impact of coronavirus pandemic, the remuneration payable to the employees of SFL has been reduced by 15 per cent to 35 per cent
"Suresh Krishna has been a role model for the society in embracing the principles of Quality," CII Institute of Quality in its Citation
She has lined up around Rs 500 crore in capex for 2019-20, and the bulk of this money will be spent on improving the company's market share in non-automotive businesses
The company is a part of TVS Group
The company has crossed the milestone of posting quarterly revenue from operations of Rs 10 billion for the first time
SFL's export sales for the quarter ended were at Rs 3.21 bn, an increase of 11.7%
True to the belief of her father and chairman Suresh Krishna, she has ascended not as part of a succession plan but earned her position after investing over two-and-a-half decades in the company
Sundram Fasteners has set an ambitious target to invest Rs 200 core annually
The hit a 52-week high of Rs 352, up 9% on BSE after the company posted 82% YoY growth in profit at Rs 77 cr in Q2,
Since August 8, the stock zoomed 58% from Rs 192 to Rs 303, as compared to 0.23% decline in the Sensex.
The stock was trading at its record high of Rs 234, rallied 22% in two days, as compared to 0.89% fall in the Sensex.
Market buoyancy, product mix, cost cutting drive surge in bottom line; Venu Srinivasan quits as company board
Standalone revenue up 17.3% to Rs 720 cr on sharp increase in aftermarket sales
Sundram Fasteners has decided to restructure its international operations to maximise the revenue potential
Divests stake in loss making German subsidiaries, floats new subsidiary in UK for acquisition opportunity
Divests stake in German arms, floats new subsidiary in UK for buying opportunities