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Suprajit Engineering purchases industrial property in Karnataka

24 Nov 2023 Evaluate

Suprajit Engineering has purchased industrial property with land measuring 1,75,000 sq.ft along with buildings measuring 70,000 sq.ft located at Jigani Industrial Area. Jigani is one of the prime industrial areas in Karnataka on the outskirts of Bangalore with close proximity to certain key customers of Suprajit.

Suprajit Technology Center (STC) is in an advanced stage of negotiating with customers on certain ‘beyond cables’ projects which are expected to be housed in this facility.

Suprajit Engineering is engaged in the business of manufacturing and selling of automotive and other components and that are considered as single segment.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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