Buy Surya Roshni Ltd.

Surya Roshni Ltd.

Surya Roshni Ltd is into business of LED lamps, Lighting, Steel, Fan & Home Appliances. Surya Roshni is expecting rise in sales due to increase in infrastructure projects. LED lamps have been in good demand as it saves time, energy & money.

Special NEWS

Government has said that they wil be using LED lamps to save energy.

Financials

Sales of Surya Roshni has increased from Rs.2959 cr to Rs.3030 cr. Profit had decreased 69cr to 58cr due to higher input cost.

The stock increased by 10% yesterday and we feel that the share can go upto 120.

The stock is currently trading at 9.12PE & 0.57P/BV which is very attractive.

Buy Surya Roshni with a target of 120.