Sura product ltd best buying oppuchunity
Entry 534
Best buying 488
Stop loss. 455
1st target. 620
2nd target 717
3rd target 860
SPL does production of Sponge Iron by direct reduction of Iron Ore, Pig Iron, Ingots/Billet, TMT Bars & Generation of Power. It is a secondary steel producer and derives the major portion of its
revenue from semi-urban and rural areas.
Production Capacity:[3]
The company has a vertically integrated continuous-casting steel manufacturing
facility at Sundargarh, Odisha, with an
installed capacity of:
a) Sponge Iron ~36,000 MTPA
b) Pig Iron ~24,000 MTPA
c) Billets ~72,000 MTPA
d) TMT bars ~72,000 MTPA
Sep 2023 Dec 2023 Mar 2024 Jun 2024
Sales + 70.51 51.64 54.81 59.89 74.95 60.82 46.54 102.67 111.21 67.78 73.59 92.09 92.64
E
Operating Profit 12.74 10.03 11.12 9.74 10.40 12.24 11.47 14.25 14.44 12.37 13.12 10.93 10.90
Best buying 488
Stop loss. 455
1st target. 620
2nd target 717
3rd target 860
SPL does production of Sponge Iron by direct reduction of Iron Ore, Pig Iron, Ingots/Billet, TMT Bars & Generation of Power. It is a secondary steel producer and derives the major portion of its
revenue from semi-urban and rural areas.
Production Capacity:[3]
The company has a vertically integrated continuous-casting steel manufacturing
facility at Sundargarh, Odisha, with an
installed capacity of:
a) Sponge Iron ~36,000 MTPA
b) Pig Iron ~24,000 MTPA
c) Billets ~72,000 MTPA
d) TMT bars ~72,000 MTPA
Sep 2023 Dec 2023 Mar 2024 Jun 2024
Sales + 70.51 51.64 54.81 59.89 74.95 60.82 46.54 102.67 111.21 67.78 73.59 92.09 92.64
E
Operating Profit 12.74 10.03 11.12 9.74 10.40 12.24 11.47 14.25 14.44 12.37 13.12 10.93 10.90
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