India, May 19 -- Shares of Surya Roshni Ltd have witnessed a sharp rally in recent trading sessions amid growing market speculation that the company may be considering a demerger of its business operations into separate entities.

According to sources familiar with the development, the proposed restructuring could involve separating the company's lighting and consumer products business from its steel pipes and strips division. The move, if implemented, is expected to create two independently focused business entities, allowing each segment to pursue its own growth strategy and attract investors based on its individual performance potential.

Although the company has not issued any official statement or confirmation regarding the speculati...