SHRIPISTON

Shriram Pistons & Rings Share PriceShriram Pistons & Rings

₹1,049.85
-23.8 (-2.22%)
As on 02 December, 2023 | 17:03 BSE: NSE: SHRIPISTONISIN: INE526E01018

Shriram Pistons & Rings Performance

Day Range

  • Low 1,045.50
  • High 1,084.00
₹ 1,049.85

52 Week Range

  • Low 460.63
  • High 1,565.90
₹ 1,049.85
  • Open Price1,073.80
  • Previous Close1,073.65
  • Volume66604

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Shriram Pistons & Rings Share Price

  • Over 1 Month 5.49%
  • Over 3 Month -7.68%
  • Over 6 Month 39.14%
  • Over 1 Year 116.81%

Shriram Pistons & Rings Key Statistics

P/E Ratio 12.1
PEG Ratio 0.2
Market Cap Cr 4,625
Price to Book Ratio 3
EPS 66
Dividend 0.7
Relative Strength Index 44.13
Money Flow Index 34.7
MACD Signal 17.97
Average True Range 49.74

Shriram Pistons & Rings Investment Rating

  • Master Rating:
  • Shriram Pistons & Rings has an operating revenue of Rs. 2,805.04 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 15% is great, ROE of 19% is exceptional. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 16% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 93 which is a GREAT score indicating consistency in earnings, a RS Rating of 74 which is FAIR indicating the recent price performance, Buyer Demand at D- which indicates heavy supply, Group Rank of 88 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
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 750714697636652620587
Operating Expenses Qtr Cr 592566559518537526503
Operating Profit Qtr Cr 1591471371181159485
Depreciation Qtr Cr 21212223242425
Interest Qtr Cr 7665532
Tax Qtr Cr 39353226251917
Net Profit Qtr Cr 1151039375735550
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,6512,094
Operating Expenses Annual Cr 2,1421,760
Operating Profit Annual in Cr 463304
Depreciation Cr 93102
Interest Annual Cr 1911
Tax Annual Cr 10157
Net Profit Annual Cr 296164
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 399219
Cash from Investing Activity Annual Cr -225-56
Cash from Financing Annual Activity Cr 58-91
Net Cash Flow Annual Cr 23172
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,5301,255
Fixed Assets Annual Cr 631695
Total Non Current Assets Annual Cr 870750
Total Current Assets Annual Cr 1,4651,100
Total Assets Annual Cr 2,3351,850
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 694570
ROE Annual % 1913
ROCE Annual % 2417
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2016
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 752716701636652620587
Operating Expenses Qtr Cr 594570566519537526503
Operating Profit Qtr Cr 1581461351171159485
Depreciation Qtr Cr 22232423242425
Interest Qtr Cr 7665532
Tax Qtr Cr 38353026251917
Net Profit Qtr Cr 1141029175735550
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,6562,094
Operating Expenses Annual Cr 2,1491,760
Operating Profit Annual in Cr 460304
Depreciation Cr 95102
Interest Annual Cr 1911
Tax Annual Cr 9957
Net Profit Annual Cr 293164
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 395219
Cash from Investing Activity Annual Cr -209-56
Cash from Financing Annual Activity Cr 53-91
Net Cash Flow Annual Cr 24072
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,5271,255
Fixed Assets Annual Cr 705693
Total Non Current Assets Annual Cr 871750
Total Current Assets Annual Cr 1,5041,100
Total Assets Annual Cr 2,3751,850
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 700570
ROE Annual % 1913
ROCE Annual % 2317
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1916

Shriram Pistons & Rings Technicals

EMA & SMA

Current Price
₹1,049.85
-23.8 (-2.22%)
pointer
  • Bullish Moving Average
  • ___
  • 4
  • Bearish Moving Average
  • ___
  • 12
  • 20 Day
  • ₹1,088.97
  • 50 Day
  • ₹1,077.12
  • 100 Day
  • ₹1,044.61
  • 200 Day
  • ₹931.12
  • 20 Day
  • ₹1,091.25
  • 50 Day
  • ₹1,052.13
  • 100 Day
  • ₹1,124.05
  • 200 Day
  • ₹902.19

Shriram Pistons & Rings Resistance and Support

PIVOT
₹1,059.79
Resistance
First Resistance 1,074.07
Second Resistance 1,098.28
Third Resistance 1,112.57
RSI 44.13
MFI 34.70
MACD Single Line 17.97
MACD 9.81
Support
First Resistance 1,035.57
Second Resistance 1,021.28
Third Resistance 997.07

Shriram Pistons & Rings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 66,604 5,506,819 82.68
Week 51,995 4,273,968 82.2
1 Month 91,550 6,943,185 75.84
6 Month 30,639 2,460,637 80.31

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. 2605.03 Cr. and Equity Capital is Rs. 22.03 Cr. for the Year ended 31/03/2023. 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 4,625
Sales 2,797
Shares in Float 2.33
No of funds 17
Yield 1.43
Book Value 3.04
U/D Vol ratio 1.1
LTDebt / Equity 9
Alpha 0.34
Beta 0.55

Shriram Pistons & Rings

Owner NameSep-23Jul-23Jun-23Mar-23
Promoters 46.75%46.75%46.75%46.75%
Mutual Funds
Insurance Companies 9.29%9.35%9.59%10.05%
Foreign Portfolio Investors 0.08%0.04%
Financial Institutions/ Banks
Individual Investors 2%1.67%1.54%1.03%
Others 41.88%42.19%42.12%42.17%

Shriram Pistons & Rings Management

Name Designation
Mr. Pradeep Dinodia Chairman
Mr. Krishnakumar Srinivasan Managing Director & CEO
Mr. Luv D Shriram Whole Time Director
Mr. Masaaki Yamaguchi Director
Mr. Hari S Bhartia Director
Mrs. Meenakshi Dass Director
Mr. Inderdeep Singh Director
Mrs. Ferida Chopra Director
Mr. Alok Ranjan Director
Mr. Shinichi Unno Director
Mr. Sascha Putz Director
Mr. Yasunori Maekawa 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
2023-11-06 Quarterly Results
2023-07-28 Quarterly Results
2023-05-08 Audited Results & Dividend
2023-02-08 Quarterly Results & Interim Dividend
2022-11-01 Quarterly Results
Date Purpose Remarks
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/-)
2022-02-09 INTERIM Declared Interim Dividend of 6 per equity share. Dividend of Rs. 10 per equity share. (inclusive of Interim Dividend of Rs. 6/-)
2021-02-10 INTERIM Rs.0.00 Interim Dividend of Rs. 6 per equity share.
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 ₹1,049 As on 02 December, 2023 | 16:49

What is the Market Cap of Shriram Pistons & Rings ?

The Market Cap of Shriram Pistons & Rings is ₹4624.6 Cr As on 02 December, 2023 | 16:49

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

The P/E ratio of Shriram Pistons & Rings is 12.1 As on 02 December, 2023 | 16:49

What is the PB ratio of Shriram Pistons & Rings ?

The PB ratio of Shriram Pistons & Rings is 3 As on 02 December, 2023 | 16:49

Q2FY23