SHRIPISTON

Shriram Pistons & Rings Share Price

₹2,252.85
-61.7 (-2.67%)
19 September, 2024 12:35 BSE: NSE: SHRIPISTON ISIN: INE526E01018

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Shriram Pistons & Rings Performance

Day Range

  • Low 2,203
  • High 2,362
₹ 2,252

52 Week Range

  • Low 949
  • High 2,399
₹ 2,252
  • Open Price2,315
  • Previous Close2,315
  • Volume123686

Shriram Pistons & Rings Chart

  • Over 1 Month + 14.64%
  • Over 3 Month + 14.96%
  • Over 6 Month + 29.09%
  • Over 1 Year + 116.54%

Shriram Pistons & Rings Key Statistics

P/E Ratio 21.8
PEG Ratio 0.6
Market Cap Cr
Price to Book Ratio 4.9
EPS 100.9
Dividend 0.4
Relative Strength Index 65.85
Money Flow Index 81.16
MACD Signal 81.92
Average True Range 85.09

Shriram Pistons & Rings Investment Rating

  • Master Rating:
  • Shriram Pistons & Rings has an operating revenue of Rs. 3,209.98 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 19% is great, ROE of 23% is exceptional. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 28% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 87 which is a GOOD score indicating consistency in earnings, a RS Rating of 79 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 66 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Shriram Pistons & Rings Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 761781708750714697
Operating Expenses Qtr Cr 605612553592566559
Operating Profit Qtr Cr 156169155159147137
Depreciation Qtr Cr 212223212122
Interest Qtr Cr 666766
Tax Qtr Cr 394137393532
Net Profit Qtr Cr 11412110811510393
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 3,0352,651
Operating Expenses Annual Cr 2,3242,142
Operating Profit Annual in Cr 630463
Depreciation Cr 8793
Interest Annual Cr 2519
Tax Annual Cr 152101
Net Profit Annual Cr 447296
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 474399
Cash from Investing Activity Annual Cr -460-225
Cash from Financing Annual Activity Cr -1258
Net Cash Flow Annual Cr 2231
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,9501,530
Fixed Assets Annual Cr 617631
Total Non Current Assets Annual Cr 1,165870
Total Current Assets Annual Cr 1,7061,465
Total Assets Annual Cr 2,8722,335
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 443694
ROE Annual % 2319
ROCE Annual % 2924
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2420
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 837856766752716701
Operating Expenses Qtr Cr 672679604594570566
Operating Profit Qtr Cr 165177161158146135
Depreciation Qtr Cr 303429222324
Interest Qtr Cr 998766
Tax Qtr Cr 364136383530
Net Profit Qtr Cr 11512010711410291
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 3,1752,656
Operating Expenses Annual Cr 2,4472,149
Operating Profit Annual in Cr 642460
Depreciation Cr 10895
Interest Annual Cr 3019
Tax Annual Cr 15099
Net Profit Annual Cr 443293
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 487395
Cash from Investing Activity Annual Cr -422-209
Cash from Financing Annual Activity Cr -4253
Net Cash Flow Annual Cr 23240
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,9231,527
Fixed Assets Annual Cr 919705
Total Non Current Assets Annual Cr 1,181871
Total Current Assets Annual Cr 1,9571,504
Total Assets Annual Cr 3,1382,375
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 458700
ROE Annual % 2319
ROCE Annual % 2723
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2419

Shriram Pistons & Rings Technicals

EMA & SMA

Current Price
₹2,252.85
-61.7 (-2.67%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹2,206.63
  • 50 Day
  • ₹2,088.31
  • 100 Day
  • ₹1,988.80
  • 200 Day
  • ₹1,794.20
  • 20 Day
  • ₹2,201.57
  • 50 Day
  • ₹2,030.29
  • 100 Day
  • ₹1,991.38
  • 200 Day
  • ₹1,809.16

Shriram Pistons & Rings Resistance and Support

PIVOT
₹2,315.94
Resistance
First Resistance 2,336.42
Second Resistance 2,358.28
Third Resistance 2,378.77
RSI 65.85
MFI 81.16
MACD Single Line 81.92
MACD 88.87
Support
First Support 2,294.07
Second Support 2,273.58
Third Supoort 2,251.72

Shriram Pistons & Rings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 82,607 5,599,929 67.79
Week 104,671 5,559,087 53.11
1 Month 215,545 10,971,231 50.9
6 Month 148,532 7,431,035 50.03

Shriram Pistons & Rings Result Highlights

Shriram Pistons & Rings Synopsis

NSE-Auto/Truck-Original Eqp

Shriram Pistons is involved in the business activities of Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Company’s Total Operating Revenue is Rs. 2953.72 Cr. and Equity Capital is Rs. 44.05 Cr. for the Year ended 31/03/2024. Shriram Pistons & Rings Ltd. is a Public Limited Listed company incorporated on 09/12/1963 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L29112DL1963PLC004084 and registration number is 004084.
Market Cap 10,196
Sales 3,001
Shares in Float 2.33
No of funds 51
Yield 0.43
Book Value 5.26
U/D Vol ratio 2.2
LTDebt / Equity 5
Alpha 0.21
Beta 1.19

Shriram Pistons & Rings Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 46.75%46.75%46.75%46.75%
Mutual Funds 0.01%0.03%
Insurance Companies 7.63%8.46%9.12%9.29%
Foreign Portfolio Investors 1.99%1.35%1.07%0.08%
Individual Investors 13.4%13%9.78%2%
Others 30.23%30.43%33.25%41.88%

Shriram Pistons & Rings Management

Name Designation
Mr. Pradeep Dinodia Chairman
Mr. Krishnakumar Srinivasan Managing Director & CEO
Mr. Luv D Shriram Whole Time Director
Mr. Hari S Bhartia Independent Director
Mrs. Meenakshi Dass Director
Mr. Inderdeep Singh Independent Director
Mrs. Ferida Chopra Independent Director
Mr. Shinichi Unno Independent Director
Mr. Yasunori Maekawa Director
Mr. Tina Trikha Independent Director
Mr. Klaus Semke Director
Mr. Alexandru Vladoi Alternate Director

Shriram Pistons & Rings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Shriram Pistons & Rings Corporate Action

Date Purpose Remarks
2024-07-24 Quarterly Results
2023-11-06 Quarterly Results
2023-07-28 Quarterly Results
2023-05-08 Audited Results & Dividend
2023-02-08 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-07-17 FINAL Rs.0.00 Final Dividend of Rs. 10/- per share (face value of Rs.10/- per share) for the inancial Year 2023-24, inclusive of Interim Dividend of Rs. 5/- per share already paid.
2024-02-09 INTERIM Declared Interim Dividend of 5.00 per equity share. Final Dividend of Rs. 10/- per share (face value of Rs.10/- per share) for the inancial Year 2023-24, inclusive of Interim Dividend of Rs. 5/- per share already paid.
2023-06-23 FINAL Rs.0.00 special Golden Jubilee final dividend of Rs. 15 per equity share for the year ended March 2023, inclusive of interim dividend of Rs. 10/- per share already paid. (RD & XD revised)
2023-02-20 INTERIM Rs.0.00 Interim Dividend of Rs. 10 per equity share.
2022-06-22 FINAL Rs.0.00 Dividend of Rs. 10 per equity share. (inclusive of Interim Dividend of Rs. 6/-)
Date Purpose Remarks
2023-07-24 Bonus Rs.0.00 issue in the ratio of 1:1 of Rs. 10/-.

Shriram Pistons & Rings FAQs

What is Share Price of Shriram Pistons & Rings ?

Shriram Pistons & Rings share price is ₹2,252 As on 19 September, 2024 | 12:21

What is the Market Cap of Shriram Pistons & Rings ?

The Market Cap of Shriram Pistons & Rings is ₹9923.8 Cr As on 19 September, 2024 | 12:21

What is the P/E ratio of Shriram Pistons & Rings ?

The P/E ratio of Shriram Pistons & Rings is 21.8 As on 19 September, 2024 | 12:21

What is the PB ratio of Shriram Pistons & Rings ?

The PB ratio of Shriram Pistons & Rings is 4.9 As on 19 September, 2024 | 12:21

Q2FY23
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