Surya Roshni Adjusts Valuation Grade Amid Competitive Industry Landscape

Surya Roshni, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone a valuation adjustment. The company's current price stands at 291.60, reflecting a notable increase from the previous close of 283.80. Over the past year, Surya Roshni has delivered a return of 6.20%, which is below the Sensex's return of 11.25% during the same period. However, the company has shown impressive performance over longer time frames, with a remarkable 1,277.10% return over the past five years, significantly outpacing the Sensex's 161.32%.
Key financial metrics for Surya Roshni include a PE ratio of 19.81 and an EV to EBITDA ratio of 11.47, which positions it competitively within its sector. The company's return on capital employed (ROCE) is reported at 19.90%, while the return on equity (ROE) stands at 14.13%.

In comparison to its peers, Surya Roshni's valuation metrics indicate a more favorable position relative to companies like Ratnamani Metals and Sarda Energy, which are currently assessed at higher valuation levels. This context highlights Surya Roshni's competitive standing in the industry amidst varying performance indicators among its peers.