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Management sees global auto industry contracting in FY23 as well, but confident of SEL outperforming the industry by 5-10 percent. We advise investors to accumulate this stock for the long term
Its diversification across products and clients, promising aftermarket and export potential, coupled with attractive valuations make it worthy of investor consideration.
SEL’s diversification across products and clients, promising aftermarket and export potential, and attractive valuations make it worthy of investor consideration
We remain bullish about Suprajit Engineering (SEL) as it caters to the automotive segment, which is witnessing a V-shaped recovery in demand
Net Sales are expected to increase by 22 percent Y-o-Y (up 21.4 percent Q-o-Q) to Rs. 440 crore, according to HDFC Securities.
In an interview to CNBC-TV18, Ajith Rai, CMD of Suprajit Engineering discussed the company's Q2 performance.
Net Sales are expected to increase by 38.3 percent Y-o-Y (up 21 percent Q-o-Q) to Rs. 389.5 crore, according to Edelweiss.
Suprajit Engineering reported a subdued set of Q1 earnings. Margins were hit but revenue rose 26 percent. In an interview to CNBC-TV18, Ajith Rai, CMD of Suprajit Engineering spoke about the results and his outlook for the company.
“This year as well as the coming year, we should have a stable growth and margin in line with our historic averages”, Ajith Rai, CMD of Suprajit Engineering told CNBC-TV18.
Watch the interview of Ajith Rai, CMD of Suprajit Engineering to CNBC-TV18 in which he spoke about the results and his outlook for the company.
Net Sales are expected to increase by 16.7 percent Q-o-Q (up 13.1 percent Y-o-Y) to Rs 296.9 crore, according to Kotak Securities.
Suprajit Engineering reported a solid set of earnings in Q1 with strong revenue growth of 64 percent.
Speaking to CNBC-TV18, Ajith Rai, CMD of Suprajit said that the company will outperform the industry by 5-10 percent in fiscal year 2017.
Suprajit Engineering always outperforms the automotive industry growth, said CMD Ajith Rai.