CRISIL Research assigns fundamental grade of ‘2/5’ to S Mobility

29 Sep 2012 Evaluate

CRISIL Research has assigned a CRISIL IER fundamental grade of ‘2/5’ to S Mobility. The grade indicates that the company’s fundamentals are moderate relative to other listed equity securities in India.

The rating agency has also assigned a valuation grade of ‘4/5’ to the company, indicating that market price has upside from the current levels.

S Mobility is engaged in manufacturing of mobile phones. The company offers a wide range of mobile handsets catering to all segments -- low, medium and high-end.

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