By Ashutosh R Shyam, ET Bureau |
Updated: Jan 06, 2017, 08.15 AM ISTPost a Comment
ET Intelligence Group: In a highly competitive auto ancillary segment it is tough for a company to enjoy pricing power continuously. However, Sundram Fastener, India’s largest fastener manufacturer, has done so.
High realisations and increasing share of superior margin products have enabled the Chennai-based firm to achieve a return on equity (RoE) of 21.84% in FY16, outstripping the industry RoE by nearly 2.2 times. (…)
via High-margin products fuel Sundram Fastener’s growth – The Economic Times.