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Surya Roshni spurts on value buying

Surya Roshni rose 10.41% to Rs 612.95, on bargain hunting after a recent steep slide.

November 29, 2021 12:29 IST | capital market
Shares of Surya Roshni tumbled 12.73% in the past seven sessions.

In the past one month, the stock has risen 1.45% as against 2.92% decline in the Sensex. It has soared 135.75% in the past one year compared with the Sensexs 30.41% rise.

On a consolidated basis, net profit of Surya Roshni rose 5.73% to Rs 44.32 crore on 41.58% rise in net sales to Rs 1945.66 crore in Q2 September 2021 over Q2 September 2020.

Surya Roshni is engaged in manufacturing of lighting & consumer durables business like fans and home appliances. It also has a stronghold in the steel pipes & strips business. The company is the largest manufacturer of GI pipes in India and is the largest exporter of ERW pipes.

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The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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