Surya Roshni: Price Running Ahead of Performance?
Moneylife Digital Team 06 June 2018
Over the past five years, the stock of Surya Roshni, which has two divisions, viz., steel and lighting, has risen year after year at a phenomenal compounded annual growth rate (CAGR) of 41%. This rise was on account of improvement in fundamentals, of the lighting division in the early years and steel division in later years. Its steel division sells steel tubes, pipes and cold–rolled (CR)...
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