Munish_Jain

SUPRAJIT | Swing Trade

Long
NSE:SUPRAJIT   SUPRAJIT ENG LTD
πŸ“Š DETAILS
Sector: Auto Ancillaries - Others
Mkt Cap: 5,668 cr

Suprajit Engineering promoted by Mr Ajith Kumar Rai, started as a single-product (cables) to TVS Motor in 1985. Over the years, Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share from aftermarket and exports.

TTM PE : 38.59 (High PE)
Sector PE : 39.39
Beta : 0.87

πŸ“š INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

8.71% away from 52 week high
Outperformer - Suprajit Engineering up by 9.57% v/s NIFTY 50 up by 3.13% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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