Report
EUR 13.71 For Business Accounts Only

SWARAJ ENGINES LTD. with less fundamental stars is reduced to Neutral

SWARAJ ENGINES LTD. (IN), a company active in the Auto Parts industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date February 11, 2020, the closing price was INR 1,207.20 and its expected value was estimated at INR 1,215.93.
Underlying
Swaraj Engines Ltd.

Swaraj Engines Limited is engaged in manufacturing engines for fitment into Swaraj tractors, which is manufactured by Mahindra & Mahindra Ltd. (M&M) at its Swaraj Division. The Company is also supplying high-technology engine components to SML Isuzu Ltd. for assembly of commercial vehicle engines. The Company's business activities relate to diesel engines, diesel engine components and spare parts. The Company has supplied approximately 720,000 engines for fitment into Swaraj tractors.

Provider
TheScreener
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