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Surya Roshni Ltd (SURYAROSNI)

₹681.958.28%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Surya Roshni Ltd share Performance

  • ₹632.35
    ₹684.95
    ₹681.95
    downward going graph

    7.27%

    Low

    Day's Volatility:7.71%

    High

    0.44%

    downward going graph
  • ₹364.53
    ₹841.65
    ₹681.95
    downward going graph

    46.55%

    Low

    52 Weeks Volatility:69.96%

    High

    23.42%

    downward going graph
1 Month Return21.26 %
3 Month Return-15.25 %
1 Year Return55.57 %
Previous Close₹629.80
Open₹636.00
Volume17.78L
Upper Circuit-
Lower Circuit-
Market Cap₹6,853.35Cr

Analyst Rating

based on 2 analysts

BUY
33.33%
Buy
66.67%
Hold
0.00%
Sell

Based on 2 analysts offering long term price targets for Surya Roshni Ltd. An average target of ₹739

Source: S&P Global Market Intelligence

Company Information

Surya Roshni Limited, formerly known Prakash Tubes Limited, was established in 1973 under the leadership of Mr. J.P. Agarwal. It acts as a steel pipe manufacturer and has diversified into lighting, PVC pipes, and consumer durables over the past few decades. It is the largest manufacturer and exporter of GI Pipes and ERW Pipes in India. The lighting business, which commenced operations in 1983, manufactures an array of conventional and modern LED lighting under the Surya brand. The consumer durables business offers a variety of fans and home appliances. The company has also set up 3LPE coating facility unit in 2018 for Oil & Gas and CGD sector and completed a number of projects such as backward integration to manufacture lead glass tubings, GLS filaments, lamp caps and electrostatic coating, among others. In 2009, Surya Global Steel Tubes Limited plunged into a joint venture with Osram to manufacture compact fluorescent lamps. The company further enhanced its product portfolio by launching energy saving lamps, Cold Rolling Mill, Hydro testing Machine, Malanpur Unit, and Tube Drawing Projects. In 2013-14 it launched numerous fans and home appliances, and in 2017-18 introduced app-controlled lights, motionsensors and solar lights. In 2021, the company completed the expansion of hreeline LPE Coating at Anjar and started commercial production and introduced LED Downlighters and decorative luminaires. In April 2022, it commissioned largedia section pipe facility with Direct Forming Technology DFT at Malanpur, Madhya Pradesh. Surya Roshni Limited is a diversified company committed to providing high-quality, innovative products and services to a range of industries.

Share Price: ₹681.95 per share as on 02 May, 2024 04:01 PM
Market Capitalisation: ₹6,853.35Cr as of today
Revenue: ₹1,937.80Cr as on December 2023 (Q4 23)
Net Profit: ₹90.10Cr as on December 2023 (Q4 23)
Listing date: 07 Dec, 1994
Chairperson Name: J P Agarwal
OrganisationSurya Roshni Ltd
Headquarters
IndustrySteel
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Key events for Surya Roshni Ltd

  • Surya Roshni Expects Volume Growth in Q4FY24 and FY25 - 02 May, 2024

    Surya Roshni has a robust order book of Rs 600 crore from the oil and gas sector and export market. The company expects 10% volume growth in Q4FY24 and 15% in FY25, with increasing traction from Canada, Europe, Australia, and New Zealand.

  • Surya Roshni's Annual EPS Growth at 44% - 25 Apr, 2024

    Surya Roshni has shown impressive annual EPS growth of 44% over the last three years, catching the eye of prospective investors. However, revenue has fallen, which may impact short-term growth prospects. Insiders hold a significant amount of capital and are committed to delivering the best outcomes for shareholders.

  • Surya Roshni Ltd's Long-Term Financial Performance Looks Promising - 04 Apr, 2024

    Despite a 25% decline in stock price over the past three months, Surya Roshni Ltd has shown remarkable net income growth of 29% over the past five years and a return on equity (ROE) of 19%. However, analyst forecasts predict a slowdown in future earnings growth.

Fundamentals of Surya Roshni Ltd

Insights on Surya Roshni Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 30.64% to 31.10% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 1.87K Cr → 1.94K Cr (in ₹), with an average increase of 1.7% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 59.13 Cr → 90.1 Cr (in ₹), with an average increase of 18.9% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.04% to 0.05% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, SURYAROSNI stock has moved up by 4.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 62.96% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.26% to 5.02% in Mar 2024 quarter

Surya Roshni Ltd Valuation

Surya Roshni Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.91x)

March 30, 2020

Today (19.76x)

April 30, 2024

Industry (26.15x)

April 30, 2024

Highest (26.04x)

January 10, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.37%
Groww Nifty Total Market Index Fund Direct GrowthGroww Nifty Total Market Index Fund Direct Growth0.01%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
62.96%
0.00
Foreign Institutions
5.02%
0.00
Mutual Funds
0.05%
0.00
Retail Investors
31.1%
0.00
Others
0.87%
0.00

Technicals of Surya Roshni Ltd share

News & Events of Surya Roshni Ltd

Frequently Asked Questions

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Surya Roshni Ltd (SURYAROSNI) share price today is ₹681.95

Surya Roshni Ltd is listed on NSE

Surya Roshni Ltd is listed on BSE

  • Today’s highest price of Surya Roshni Ltd is ₹684.95.
  • Today’s lowest price of Surya Roshni Ltd is ₹632.35.

PE Ratio of Surya Roshni Ltd is 19.76

PE ratio = Surya Roshni Ltd Market price per share / Surya Roshni Ltd Earnings per share

Today’s traded volume of Surya Roshni Ltd(SURYAROSNI) is 17.78L.

Today’s market capitalisation of Surya Roshni Ltd(SURYAROSNI) is ₹6853.35Cr.

Surya Roshni Ltd(SURYAROSNIPrice
52 Week High
₹841.65
52 Week Low
₹364.53

Surya Roshni Ltd(SURYAROSNI) share price is ₹681.95. It is down -18.97% from its 52 Week High price of ₹841.65

Surya Roshni Ltd(SURYAROSNI) share price is ₹681.95. It is up 87.08% from its 52 Week Low price of ₹364.53

Surya Roshni Ltd(SURYAROSNIReturns
1 Day Returns
52.15%
1 Month Returns
21.26%
3 Month Returns
-15.25%
1 Year Returns
55.57%