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1 Comment
Surya Roshni Limited is currently in a long term uptrend where the price is trading 42.5% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.4.
Surya Roshni Limited's total revenue rose by 12.9% to $16B since the same quarter in the previous year.
Its net income has increased by 79.0% to $556M since the same quarter in the previous year.
Finally, its free cash flow grew by 97.2% to $3B since the same quarter in the previous year.
Based on the above factors, Surya Roshni Limited gets an overall score of 5/5.
Exchange | NSE |
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CurrencyCode | INR |
ISIN | INE335A01020 |
Sector | Basic Materials |
Industry | Steel |
PE Ratio | 17.6 |
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Target Price | 307 |
Dividend Yield | 1.0% |
Beta | 0.8 |
Market Cap | 57B |
Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India. It operates through Steel Pipe and Strips; and Lighting and Consumer Durables segments. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation, plumbing, green houses, fire fighting, street light poles, and solar panels; API/3LPE coated spiral pipes: CR strips; hollow section pipes; spiral welded pipes; cold rolled strips and sheets; and black pipes for construction, fabrication, fencing, metro railway platforms, airports, powder coating, sign boards, industrial application, and scaffoldings. It also provides various LED lamps; downlighters; street lights; and battens and luminaires, Smart LED lighting; and value-added offerings, such as colour changers, smart lighting, auto-dimming, app-based lights, COB downlights, track spot lights, power track, LED strips lights, radar LED lamp, and wall washer LED; and indoor commercial, industrial, roadway, flood, landscape, façade, accessories, hid lamps, light sources, and solar lightening products. In addition, the company offers celling, table, pedestal, wall, and domestic and industrial exhaust fans; and home appliances, including juicers, mixers, grinders, vegetable chopper, cooktops, induction cooktops, sandwich makers, dry and steam irons, storage and instant water heaters, immersion water heaters, air coolers, oil filled radiators, and halogen and quartz heaters. Further, the company provides PVC pipes and fitting for water pipelines, housing sectors, domestic and industrial drainage systems, industrial process lines, swimming pools, salt-water lines, and agriculture/irrigation systems. It exports its products to approximately various countries, including the United States, Australia, Canada, Mexico, the Middle East, Europe, Africa, and internationally. Surya Roshni Limited was incorporated in 1973 and is headquartered in New Delhi, India.
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