scorecardresearchSuprajit Engineering: Emkay initiates coverage with a 'buy'; here's what the brokerage says

Suprajit Engineering: Emkay initiates coverage with a 'buy'; here's what the brokerage says

Updated: 21 Sep 2022, 08:46 AM IST
TL;DR.
The brokerage firm said Suprajit’s auto cable segment saw a 9% revenue CAGR in FY16-22 against flat volumes for the underlying industry driven by market-share gains of 1-3% annually across the auto/non-auto segments.
The stock hit its 52-week high of  <span class='webrupee'>₹</span>478 on January 4, 2022 and at present, the stock is 31% down from that level.

The stock hit its 52-week high of 478 on January 4, 2022 and at present, the stock is 31% down from that level.