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Surya Roshni rises on aiming revenue of Rs 500 crore from LED segment

20 Jan 2015 Evaluate

Surya Roshni is currently trading at Rs. 132.85, up by 8.65 points or 6.96% from its previous closing of Rs. 124.20 on the BSE.

The scrip opened at Rs. 124.30 and has touched a high and low of Rs. 143.00 and Rs. 123.55 respectively. So far 1665344 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 132.60 on 19-Jan-2015 and a 52 week low of Rs. 65.95 on 24-Feb-2014.

Last one week high and low of the scrip stood at Rs. 132.60 and Rs. 101.55 respectively. The current market cap of the company is Rs. 587.56 crore.

The promoters holding in the company stood at 64.01 % while Institutions and Non-Institutions held 0.09 % and 35.90 % respectively.

Lighting firm Surya Roshni is targeting to achieve revenue of Rs 500 crore from the light-emitting diode (LED) segment in the next three years. The company entered the LED business last year by investing around Rs 50 crore, and is looking to invest more as it sees this segment as the future of lighting.

In 2013-14, the contribution of the lighting segment was Rs 1,200 crore in its total earning of Rs 4,000 crore.

Surya Roshni (SRL), incorporated in 1973 is into the business of manufacturing electric resistance welded (ERW) steel pipes & lighting products, with facilities at Bahadurgarh (Haryana), Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh).

 

Surya Roshni Share Price

239.45 0.85 (0.36%)
17-Apr-2026 16:59 View Price Chart
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