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Shriram Pistons & Rings Ltd (SHRIPISTON)

₹1973.550.9%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Shriram Pistons & Rings Ltd share Performance

  • ₹1936.05
    ₹2018.25
    ₹1973.55
    downward going graph

    1.90%

    Low

    Day's Volatility:4.17%

    High

    2.26%

    downward going graph
  • ₹567.5
    ₹2206
    ₹1973.55
    downward going graph

    71.24%

    Low

    52 Weeks Volatility:83.02%

    High

    11.78%

    downward going graph
1 Month Return-4.34 %
3 Month Return13.65 %
1 Year Return240.65 %
Previous Close₹1,991.50
Open₹2,007.25
Volume80.77K
Upper Circuit-
Lower Circuit-
Market Cap₹8,772.52Cr

Analyst Rating

based on 2 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 2 analysts offering long term price targets for Shriram Pistons & Rings Ltd. An average target of ₹2421

Source: S&P Global Market Intelligence

Company Information

Shriram Pistons and Rings is India's largest exporter of pistons and rings, located in Ghaziabad, Uttar Pradesh. The company has collaborated with Kolbenschmidt Germany for supply of piston rings for BMW, Mercedes Benz, Volkswagen, Ford, Volvo and Peugeot. They also have a technical tie-up with Honda Foundry Company, Japan for Hondamodel pistons. Shriram manufactures pistons, piston pins, rings and engine valves for global supply, including West Asia, Central Asian Republics, South America, Australia and Europe. They possess ISO 9001 certification from RW TUV Germany for export oriented activities and also have expanded their production line for Maruti Udyog. Steel rings and Rikvent oil control rings are also manufactured here. In addition, they received various accolades, including Trailblazer award from Maruti Udyog, Best Performing Supplier Award from Tata and Cummins and Export Excellence Awards in 1998. The company just introduced new models and piston rings to improve productivity and consumer acceptance. QS9000 accreditation and ISO14001 certification from DNV Netherlands have also been earned by the company during this time.

Share Price: ₹1973.55 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹8,772.52Cr as of today
Revenue: ₹765.74Cr as on December 2023 (Q4 23)
Net Profit: ₹107.77Cr as on December 2023 (Q4 23)
Listing date: 02 Jun, 2016
Chairperson Name: Pradeep Dinodia
OrganisationShriram Pistons & Rings Ltd
Headquarters
IndustryAuto Ancillaries
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Key events for Shriram Pistons & Rings Ltd

  • Shriram Pistons & Rings EPS Grows at 105% per Year over Three Years - 04 May, 2024

    Shriram Pistons & Rings' EPS growth rate of 105% per year over three years has sent the share price higher, exceeding its average annual increase in share price. The total shareholder return for the last 3 years is 414%, boosted by dividends paid.

  • Shriram Pistons & Rings Diversifies into EV Components - 19 Apr, 2024

    Shriram Pistons & Rings is diversifying its business into components for electric vehicles through its subsidiary SPR Engenious. The company has made a big-ticket investment in EMF Innovations, an electric motor and controller design company with manufacturing operations in Tamil Nadu. SPR Engenious plans to ramp up production capacity by three times to 450,000 motors by the end of this year and aims to get into the entire powertrain business in the future.

  • Shriram Pistons & Rings Ltd Shares Gain 29% in Last Month - 09 Apr, 2024

    Shriram Pistons & Rings Ltd shares have gained 29% in the last month and 269% in the last year. The company's P/E ratio is lower than the market, indicating limited future growth. Analysts forecast an 18% earnings growth over the next year compared to 24% for the broader market.

Fundamentals of Shriram Pistons & Rings Ltd

Insights on Shriram Pistons & Rings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.00% to 0.03% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.08% to 1.07% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, SHRIPISTON stock has moved up by 96.5%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SHRIPISTON has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 647.71 Cr → 784.99 Cr (in ₹), with an average increase of 4.6% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SHRIPISTON has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 46.75% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 113.65 Cr → 107.36 Cr (in ₹), with an average decrease of 5.5% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 43.88% to 39.11% in Dec 2023 quarter

Shriram Pistons & Rings Ltd Valuation

Shriram Pistons & Rings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.84x)

October 17, 2022

Today (20.76x)

May 3, 2024

Industry (56.96x)

May 3, 2024

Highest (81.22x)

September 8, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
Taurus Discovery (Midcap) Fund - Direct Plan-Growth OptionTaurus Discovery (Midcap) Fund - Direct Plan-Growth Option0.44%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
46.75%
0.00
Foreign Institutions
1.07%
1315.50
Mutual Funds
0.03%
0.00
Retail Investors
39.11%
-10.87
Others
13.04%
40.39

Technicals of Shriram Pistons & Rings Ltd share

News & Events of Shriram Pistons & Rings Ltd

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Shriram Pistons & Rings Ltd (SHRIPISTON) share price today is ₹1973.55

Shriram Pistons & Rings Ltd is listed on NSE

Shriram Pistons & Rings Ltd is not listed on BSE

  • Today’s highest price of Shriram Pistons & Rings Ltd is ₹2018.25.
  • Today’s lowest price of Shriram Pistons & Rings Ltd is ₹1936.05.

PE Ratio of Shriram Pistons & Rings Ltd is 20.76

PE ratio = Shriram Pistons & Rings Ltd Market price per share / Shriram Pistons & Rings Ltd Earnings per share

Today’s traded volume of Shriram Pistons & Rings Ltd(SHRIPISTON) is 80.77K.

Today’s market capitalisation of Shriram Pistons & Rings Ltd(SHRIPISTON) is ₹8772.52Cr.

Shriram Pistons & Rings Ltd(SHRIPISTONPrice
52 Week High
₹2206
52 Week Low
₹567.5

Shriram Pistons & Rings Ltd(SHRIPISTON) share price is ₹1973.55. It is down -10.54% from its 52 Week High price of ₹2206

Shriram Pistons & Rings Ltd(SHRIPISTON) share price is ₹1973.55. It is up 247.76% from its 52 Week Low price of ₹567.5

Shriram Pistons & Rings Ltd(SHRIPISTONReturns
1 Day Returns
-17.95%
1 Month Returns
-4.34%
3 Month Returns
13.65%
1 Year Returns
240.65%