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Smallcapworld Fund buys 7.60 lakh shares of Suprajit Engineering

Image result for SmallcapworldSmallcapworld Fund Inc bought 7.60 lakh shares of Suprajit Engineering on June 20, 2017. The company has bought the same at Rs 326 per share on the NSE. The latest book value of the company is Rs 36.44 per share. At current value, the price-to-book value of the company was 9.04.

Smallcapworld Fund Inc caters to a wide spectrum of automotive and non-automotive cable requirements Suprajit has achieved a phenomenal growth, making it India’s one of the largest manufacturers of automotive cables with a capacity of over 50 million cables a year.

 

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