Multibagger Stock Hit Upper Circuit & 52-Week High After Bagging The Single Largest Order In The Company's History; Details Inside
The stock gave multibagger returns of 251.3 per cent from its 52-week low of Rs 39.10 per share.
On Wednesday, at the closing bell, shares of Sunrise Efficient Marketing were locked in a 2 per cent upper circuit to Rs 137.40 per share from its previous closing of Rs 134.70 per share. The stock also made a new 52-week high of Rs 137.35 per share while its 52-week low is Rs 39.10 per share.
Sunrise Efficient Marketing Limited (BSE: 543515) has achieved a significant milestone by securing the largest order in its history. The company has been awarded an order for 800 SynchroPlus motors, which will be used in TFO machine applications. This prestigious order underscores the exceptional energy efficiency of SynchroPlus motors, which has set Sunrise apart from its competitors.
The company is committed to delivering the order within a stringent 8-week timeline, maintaining its commitment to quality and service excellence. This achievement reflects the trust and confidence that clients place in Sunrise's capabilities and its dedication to innovation and sustainability.
Sunrise Efficient Marketing Limited's Managing Director envisions a future where energy-efficient motors are the industry standard. The company's SynchroPlus motors are a prime example of this vision, offering unmatched performance and significantly reduced energy consumption. By fostering continuous innovation, Sunrise aims to lead the transformation in the motor industry, contributing to a sustainable future for businesses and the planet.
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Founded in 2002, Sunrise Efficient Marketing Ltd (SEML) is a distributor supplying various industrial and electronic components like motors, gearboxes, lubricants, lighting, and automation products. They partner with diverse brands like Redicon, Elecon, Kirloskar, Lubi, and Yaskawa, and cater to manufacturers and industries requiring energy-efficient solutions.
SEML has a market cap of Rs 206 crore. In its half-yearly, the company reported net sales of Rs 55 crore and net profit of Rs 4 crore in H1FY25 and in its annual results, the company reported net sales of Rs 115 crore and net profit of Rs 8 crore in FY24
The stock has a PE of 23x, an ROE of 22 per cent and an ROCE of 28 per cent. The stock gave multibagger returns of 251.3 per cent from its 52-week low of Rs 39.10 per share.
Disclaimer: The article is for informational purposes only and not investment advice.