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Surani Steel Tubes Ltd share price logo

Surani Steel Tubes Ltd

(SURANI)

₹270.95.4%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Technicals

Surani Steel Tubes Ltd Performance

  • Day's Low

    Day's High

    ₹266
    ₹290
  • 52 Week's Low

    52 Week's High

    ₹242.5
    ₹734.6
1 Month Return-3.26 %
3 Month Return-15.21 %
1 Year Return+ 4.79 %
Previous Close₹286.35
Open₹290.00
Volume12.20K
Upper Circuit-
Lower Circuit-
Market Cap₹353.47Cr

Surani Steel Tubes Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹353.47 Cr
P/B Ratio8.28
EPS0
Dividend Yield0
SectorSteel
ROE0.9

Surani Steel Tubes Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹353.47 Cr133.13%0.66NANA
BUY₹2,587.96 Cr4.52%0.50₹41 Cr₹317 Cr
NA₹356.82 Cr98.06%0.66NANA
BUY₹4,053.84 Cr17.06%0.51₹113 Cr₹2,040 Cr
NA₹3,506.84 Cr18.89%0.55NANA

About Surani Steel Tubes Ltd

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: ₹270.90 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹353.47Cr as of today
Listing date: 06 Feb, 2019
OrganisationSurani Steel Tubes Ltd
Headquarters
IndustrySteel
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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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 55.07% to 60.98% in Jun 2024 quarter

  • 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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 50.7% return, outperforming this stock by 45.9%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, SURANI stock has moved down by -32.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 44.93% to 39.02% in Jun 2024 quarter

Surani Steel Tubes Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹45.45Cr (-)₹51.29Cr (↑12.85%)₹41.39Cr (↓19.30%)₹134.25Cr (↑224.35%)
Total Liabilities₹22.73Cr (-)₹26.72Cr (↑17.55%)₹18.61Cr (↓30.35%)₹45.91Cr (↑146.70%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹0.43Cr (-)₹2.40Cr (↓658.14%)₹4.78Cr (↑99.17%)-₹2.04Cr (↓142.68%)-₹56.80Cr (↑2,684.31%)
0

Surani Steel Tubes Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
39.02%
-13.15
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
60.98%
10.73
Others
0%
0.00

Surani Steel Tubes Ltd Key Indicators

Details2021202220232024
Return On Equity %18.737.82-7.560.9

Surani Steel Tubes Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on Surani Steel Tubes Ltd

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Surani Steel Tubes Ltd (SURANI) share price today is ₹270.9

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 ₹290.
  • Today’s lowest price of Surani Steel Tubes Ltd is ₹266.

Today’s traded volume of Surani Steel Tubes Ltd(SURANI) is 12.20K.

Today’s market capitalisation of Surani Steel Tubes Ltd(SURANI) is ₹353.47Cr.

Surani Steel Tubes Ltd(SURANIPrice
52 Week High
₹734.6
52 Week Low
₹242.5

Surani Steel Tubes Ltd(SURANI) share price is ₹270.9. It is down -63.12% from its 52 Week High price of ₹734.6

Surani Steel Tubes Ltd(SURANI) share price is ₹270.9. It is up 11.71% from its 52 Week Low price of ₹242.5

Surani Steel Tubes Ltd(SURANIReturns
1 Day Returns
-15.45%
1 Month Returns
-3.26%
3 Month Returns
-15.21%
1 Year Returns
4.79%