Tuesday, August 25, 2020

Suprajit Engineering Ltd – Valuations Perfect


Suprajit Engineering Ltd  is Trading   at ₹190.70  with  a  Gain   of   +4.27 %   on    25-Aug-2020   with formation of  a  Green  Candle    on Daily  Price Chart at the time of writing this article.

About the Company : Suprajit Engineering is engaged in the business of manufacturing of auto components consisting mainly of control cables, speedo cables, auto lamps and other components for automobiles and caters to both domestic and international markets

Suprajit Engineering has posted Net Sales / Revenue   of ₹1563 Cr  & Net Profit  of ₹1314 Cr in FY2020 and expected to post Net Sales / Revenue   of ₹1485 Cr & Net Profit of ₹104 Cr in FY2021 and Net Sales / Revenue   of ₹1856 Cr & Net Profit of ₹167 Cr in FY2022 .

Whats the Future : Automotive segment is witnessing a V-shaped recovery in demand.

Valuations  :  The Company is now Trading at X 1.90 of its  valuations ( last 4Quaters earnings considered here)at ~90 % premium  and at X1.47  of its FY 2021, which is now almost  ~47%  Premium to its value  and X0.91 of its FY2022 earnings with a Discount of ~ 9%.

The Fare Value of Equity Per Share is ₹124.65 for FY2021 and ₹200.16 for FY2022.

Disclaimer : We are / may going to take exposure shortly.

Join Us at   Telegram #   https://t.me/TheNiftyNext

Data Source | NSE Website | Screener.In  | Capital Line | Money Control |

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method. You can reach me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext   |


No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

Subscribe to: Post Comments (Atom)

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive