"We have embarked upon a new journey by entering into the realm of fans. Fan market is currently estimated at Rs 5,000 crore. By adding over twenty-four categories of fans, Surya plans to bring home ten percent of the market share in a span of four years," Surya Roshni Managing Director B Raju said in a statement here.
Surya intends to launch "Pick Me" designs of colorful range of ceiling, table, pedestal & wall mounting fans, along with the wide range of domestic exhaust fans, and it will have energy saving technology for customers in India and abroad, Raju said.
Our technically distinguished products are being sold by two lakh shopkeepers across India and are exported to 44 countries across the globe, including Europe & America. Surya pays utmost attention to maintain the quality of its products, he said.
Surya Roshni stock price
On January 27, 2014, at 11:08 hrs Surya Roshni was quoting at Rs 70.00, down Rs 1.2, or 1.69 percent. The 52-week high of the share was Rs 84.40 and the 52-week low was Rs 59.35.
The company's trailing 12-month (TTM) EPS was at Rs 16.84 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 4.16. The latest book value of the company is Rs 167.06 per share. At current value, the price-to-book value of the company is 0.42.
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