Based on the information received from our customs consultants in US, Suprajit will have minimal impact of the additional 25% Tariff announced by US effective 27th August. Most parts are not affected at all, but a small portion of exports with a possible tariff impact of about USD 0.5 million is estimated. This will be discussed with respective customers for full relief.
Rest of the updates on Tariff has been discussed in detail during Q1 Investors Conference call. The transcript of the same is available on the stock exchanges filling and Website of the Company.
Shares of Suprajit Engineering Limited was last trading in BSE at Rs. 452.30 as compared to the previous close of Rs. 452.15. The total number of shares traded during the day was 2230 in over 181 trades.
The stock hit an intraday high of Rs. 460.15 and intraday low of 446.95. The net turnover during the day was Rs. 1013841.00.