Ambit Capital: Suprajit Engineering - Parts falling in place

Phoenix was the only blemish in an otherwise healthy result. Its performance was caused by declining sales of old H7 bulbs (25-30% of lamp volumes). A new automated H7 line has been commissioned and management expects Phoenix to outpace market growth once deliveries of the new H7 bulb begin in 2QFY17.

For detailed analysis please see attached company report...

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