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Surya Roshni Rating: Company Is Positioned For Growth - The Financial Express

by financialexpress.com posted 3weeks ago 17 views
Management’s rising focus on key markets, including metros, a key monitorable. : (i) Management expects consumer electricals (lighting, fans, appliances) to grow at 20% annually over the next two–three years driven by the lighting segment and better penetration in fans/appliances. (ii) Following its recent consolidation, the steel pipes business is expected to grow 8–10% in volume terms against market’s 4–5%. Over the past two–three years, management has focused on operating and financial efficiency, which is showing in improved gearing and a better performance in the steel pipes business. A key variable is growth prospects in consumer electricals, especially beyond lighting.

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