423.0500 2.95 (0.70%)
NSE May 23, 2025 15:31 PM
Volume: 98,105
 

423.05
0.70%
Dolat Capital
Surpajit Engineering reported decent numbers amid tough market conditions. Revenue for Q1FY21 de-grew by 51% YoY to Rs. 1.77bn due to production cuts taken by various OEMs owing to lockdown. EBITDA turned negative to Rs. 48mn (vs estimated loss Rs 100mn). Phoenix lighting revenue de-grew 49% YoY to Rs 337.3mn while SENA division (non-automotive cable) numbers beat estimates, benefited from temporary supply disruption of its one of competitors. Revenue de-grew 24% YoY to Rs 632.9mn while the company was able to...
Suprajit Engineering Ltd. is trading below its 150 day SMA of 433.4
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