Suprajit Engineering Ltd Auto Parts & Equipment
Market Cap.: ₹ 2,707.55 Cr.
Current Price: ₹ 206.15
Book Value: ₹ 37.80
Stock P/E: 36.27
Dividend Yield: 0.51%
Face Value: ₹ 1.00
Seems costly stock
promoters stake has decreased although not alarming.
growth = 16%
net profit 88
2 times priced buy on huge dip not before buy at 150 levels
Good share holder letter compared with indian companies standard,
not too informative but will say okay
Family owned business
Balance sheet cash flow looks up to the mark. Good market has future ..
Who are competitors?
biggest clients? what if they shift ? All motor companies tvs and all according to annual report
make in india ?
no brand ?
Seems costly though all else is good products are not so great small gear // etc cables meter speed etc not so impressed
Final Verdict: I don’t get the business also stock is costly but company profile looks okay on major correction you can consider buying.
I am very new to value investing and this is me taking random notes just for myself. Please don’t base any of your decision on these write-ups. That will be foolish.