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Shriram Pistons & Rings Ltd share Price Today

Company details

1,937.70
1,999.85
490.85
2,020.00
6M Return 90.92%
1Y Return 289.96%
Mkt Cap.(Cr) 8,636.66
Volume 220,140
Div Yield 0.38%
OI
-
OI Chg %
-
Volume 220,140

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Shriram Pistons & Rings Ltd shares SWOT Analysis

Strengths (17)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Strong Annual EPS Growth

Weakness (0)

Data not found

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 1,994.4
R2 2,028.2
R3 2,056.6
Pivot

1,966.07

S1 1,932.3
S2 1,903.9
S3 1,870.1
EMA SMA
1,769.2
1,669.3
1,519.1
1,300.5
1,722.4
1,702.8
1,463.6
1,277.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ABAKKUS ASSET MANAGER LLP Bulk Purchase 2023-12-20 1103.6 1590450 NSE
ABAKKUS EMERGING OPPORTUNITIES FUND - 1 Bulk Purchase 2023-12-20 1103.6 545450 NSE
ABAKKUS GROWTH FUND - 1 Bulk Purchase 2023-12-20 1103.6 454550 NSE
Name Category Shares
Shri Luv D. Shriram & Smt. Meenakshi Dass- as trustees of Deepak Shriram Family Benefit Trust PROMOTER 15.14%
Smt. Meenakshi Dass & Shri Luv D. Shriram - as trustees of Deepak Shriram Family Benefit Trust PROMOTER 15.14%
Smt. Meenakshi Dass PROMOTER 3.79%
Bodies Corporate PROMOTER 12.66%
SARVA COMMERCIAL PVT LTD PROMOTER 4.84%
SERA COM PRIVATE LTD PROMOTER 4.32%
MANISHA COMMERCIAL PRIVATE LIMITED PROMOTER 3.03%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Shriram Pistons & Rings Ltd Stocks COMPARISON

Financials( in Cr) Shriram Pistons & Rings Ltd Bosch Ltd Samvardhana Motherson International Ltd Tube Investments of India Ltd Sona BLW Precision Forgings Ltd
Price 1,960.65 30,031.30 117.10 3,736.60 705.95
% Change 0.15 -1.02 -0.17 -1.82 3.60
Mcap Cr 8,636.66 88,574.32 79,351.89 72,257.25 41,399.87
Revenue TTM Cr 2,609.33 14,929.30 78,700.70 14,964.73 2,130.64
Net Profit TTM Cr 293.88 1,424.30 1,669.60 1,325.06 361.54
PE TTM 20.86 52.60 49.39 113.90 83.20
1 Year Return 289.96 63.73 82.54 49.73 70.27
ROCE 24.78 17.05 8.59 35.61 22.56
ROE 21.27 13.14 7.76 37.40 21.42
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,527.46 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

Shriram Pistons & Rings Ltd Information

Stock PE (TTM)
20.86
Promoter Holding
46.75%
Book Value
391.4619
ROCE
24.78%
ROE
21.27%
Description
  • Shriram Pistons & Rings Ltd was incorporated on December 9, 1963 as Public Limited Company. India`s largest exporter of pistons and rings, Shriram Pistons & Rings is situated in Ghaziabad, Uttar Pradesh. For pistons, the company has tied up with Kolbenschmidt, Germany, the sole suppliers for BMW, Mercedes Benz, Volkswagen, Ford, Volvo, Peugeot, etc. It also has a technical tie-up with Honda Foundry Company, Japan, for Honda-model pistons. Shriram has a dedicated production line for Maruti Udyog. The Company`s business activity falls under "automotive component". Primary products manufactured by the Company are pistons, piston pins, piston rings and engine valves. It regularly exports pistons, piston pins and rings, and engine valves to Germany, Britain, Holland, Belgium, Greece, Egypt, West Asia, central Asian Republics, South America and Australia, amongst others. The Company deploys most modern manufacturing equipment and processes, using state-of-the-art technology. SPR has evolved into a centre of manufacturing excellence, employing over 9000 motivated and multi-skilled employees. The Company is the largest manufacturer of Pistons, Pins, Rings, and Engine Valves in India with two Manufacturing units in Ghaziabad, Uttar Pradesh and one in Pathredi (Rajasthan). Its products are marketed to almost all OEMs and Aftermarkets under the brands `SPR` and `USHA`. In 1994-95, the company received the ISO 9001 certification from RW TUV, Germany, for its pistons/pins/rings division and marketing functions of the company. The company diversified into the manufacture of steel rings and Rikvent oil-control rings. It had set up manufacturing facilities for steel rings in collaboration with Riken Corporation, Japan, as also expanded its piston capacity. Steel ring plant and the expanded capacity of pistons were commissioned in 1995. The company meets the total requirements of pistons for the Honda joint ventures in India. During 1996-97 its Piston Plant capacity was expanded by setting up an additional machining line to manufacture Gasoline pistons. Engine Valve plant capacity expansion was also implemented during the year. During 1997-98, the company received the recognition of a Export House, also the "Best Vendor" award from Maruti Udyog Ltd. SPRL has received QS-9000 accredition from RWTUV, Germany during 1998-99. It also received the "ACMA Quality Award" and the "Best Performing Supplier Award" from Tata Cummins Ltd and Certificate of Export Excellence from Engineering Export Promotion Council in the year 1999-2000. The company introduced New models/pistons/piston rings,pins/engine valves. It has expanded the installed capacity of Piston Ring Works during 2002-03. During year 2018-19, Shriram Automotive Products Ltd.(SAPL) was amalgamated with the Company effective on 29.03.2019. The Company implemented low cost automation, interlinking of machines, and installation of robots in Foundry operations. During year 2019-20, the Company set up a Centre of Excellence for Surface Treatment, it identified projects for diversification of its product portfolio, for continuous growth in sales and to minimize the impact of electric mobility in some segments. SPR Engenious Limited was formed as a wholly owned subsidiary of the Company for diversifying its product portfolio in the area related to the automotive segment on 26.9.2022. The Company through its wholly owned subsidiary SPR Engenious Ltd. acquired 51% stake in the share capital of EMF Innovations Private Limited (EMFI) in 2022.

Registered Address

3rd Floor Himalaya House, 23 Kasturba Gandhi Marg, New Delhi, New Delhi, 110001

Tel : 91-11-23315941
Email : r.srinivasan:shrirampistons.com
Website : http://www.shrirampistons.com
Registrar

Alankit Assignments Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533021
NSE Code : SHRIPISTON
Book Closure Date (Month) : Jun/Jul
BSE Group :
ISIN : INE526E01018

FAQ’s on Shriram Pistons & Rings Ltd Shares

You can buy Shriram Pistons & Rings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Shriram Pistons & Rings Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:56 PM the closing price of Shriram Pistons & Rings Ltd was ₹ 1,960.65.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:56 PM, the market cap of Shriram Pistons & Rings Ltd stood at ₹ 8,636.66.

The latest PE ratio of Shriram Pistons & Rings Ltd as of Mar 28, 2024 03:56 PM is 20.86

The latest PB ratio of Shriram Pistons & Rings Ltd as of Mar 28, 2024 03:56 PM is 0.20

The 52-week high of Shriram Pistons & Rings Ltd share price is ₹ 2,020.00 while the 52-week low is ₹ 490.85

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