Surani Steel Tubes Ltd share price logo

Surani Steel Tubes Ltd (SURANI)

₹3201.1%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Technicals

Performance

  • Day's Low

    Day's High

    ₹319.95
    ₹329.9
  • 52 Week's Low

    52 Week's High

    ₹38.2
    ₹734.6
1 Month Return-4.57 %
3 Month Return-24.51 %
1 Year Return+ 60.89 %
Previous Close₹323.55
Open₹329.90
Volume6,000.00
Upper Circuit-
Lower Circuit-
Market Cap₹357.94Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹357.94 Cr
P/B Ratio1.95
EPS0

Company Information

Surani Steel Tubes Limited (formerly Surani Steel Private Limited), a company of Vinayak Group, is a manufacturer and supplier of Electric Resistance Welding Mild Steel ERW MS Pipes since 2012. The company has an installed capacity of 25,000 metric tonnes per year. It also trades in Hot Rolled Coil HR Coil and HR slit coils. It is an ISO 9001:2015 certified company, and has been granted the IS 4923:1997 and IS 1161:2014 Quality Standard License from Bureau of Indian Standards. The company's current promoters are Mukesh Patel Dinesh Patel, Karshan Patel, Prakash Patel, Mani Patel, and Prakash Karsanbhai Patel HUF and Karsanbhai Devjibhai Patel HUF. Located in Dahegam Gandhinagar, Gujarat on 8,300 square meters of land, the company has recently set up a new facility to manufacture ERW MS Pipes ranging from 100 NB to 300 NB. Surani Steel Tubes Limited strives to provide diversified range of products to fulfill the requirements of Architectural Infrastructural Industrial and Engineering Industry.

Share Price: ₹320.00 per share as on 26 Jul, 2024 11:36 AM
Market Capitalisation: ₹357.94Cr as of today
Listing date: 01 Jan, 0001
OrganisationSurani Steel Tubes Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Surani Steel Tubes Ltd

  • Surani Steel Tubes Reports Increase in Revenue, but EBIT Loss - 25 Jun, 2024

    Surani Steel Tubes reported a 26% increase in revenue of ₹1.6b, but an EBIT loss of ₹799k. The company has net debt of about ₹78.1m despite having liquid assets balanced with total liabilities.

Insights on Surani Steel Tubes Ltd

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

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SURANI has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 55.07% to 56.81% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 81.7% return, outperforming this stock by 20.8%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 44.93% to 43.19% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, SURANI stock has moved down by -24.5%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹41.38Cr
↓19.32%
Total Liabilities
₹18.60Cr
↓30.39%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹1.65Cr
↓134.52%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.19%
-3.88
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
56.81%
3.16
Others
0%
0.00

Key Indicators

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Surani Steel Tubes Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Surani Steel Tubes Ltd shares.

Surani Steel Tubes Ltd (SURANI) share price today is ₹320

Surani Steel Tubes Ltd is listed on NSE

Surani Steel Tubes Ltd is not listed on BSE

  • Today’s highest price of Surani Steel Tubes Ltd is ₹329.9.
  • Today’s lowest price of Surani Steel Tubes Ltd is ₹319.95.

Today’s traded volume of Surani Steel Tubes Ltd(SURANI) is 6,000.00.

Today’s market capitalisation of Surani Steel Tubes Ltd(SURANI) is ₹357.94Cr.

Surani Steel Tubes Ltd(SURANIPrice
52 Week High
₹734.6
52 Week Low
₹38.2

Surani Steel Tubes Ltd(SURANI) share price is ₹320. It is down -56.44% from its 52 Week High price of ₹734.6

Surani Steel Tubes Ltd(SURANI) share price is ₹320. It is up 737.70% from its 52 Week Low price of ₹38.2

Surani Steel Tubes Ltd(SURANIReturns
1 Day Returns
-3.55%
1 Month Returns
-4.57%
3 Month Returns
-24.51%
1 Year Returns
60.89%