Surani Steel Tubes Share PriceSurani Steel Tubes

₹292.4
-15.35 (-4.99%)
As on 26 September, 2023 | 14:27 BSE: NSE: SURANIISIN: INE01ZJ01015

Surani Steel Tubes Performance

Day Range

  • Low 292.4
  • High 319.7
292.4

52 Week Range

  • Low 19
  • High 351
292.4
  • Open Price319.7
  • Previous Close307.75
  • Volume8000

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Surani Steel Tubes Share Price

  • Over 1 Month 47.68%
  • Over 3 Month 58.83%
  • Over 6 Month 561.54%
  • Over 1 Year 861.84%

Surani Steel Tubes Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 260
Price to Book Ratio 11.4
EPS -2.3
Dividend 0
Relative Strength Index 70.09
Money Flow Index 75.92
MACD Signal 23.32
Average True Range 12.03

Surani Steel Tubes Investment Rating

  • Master Rating:
  • Surani Steel Tubes has an operating revenue of Rs. 464.90 Cr. on a trailing 12-month basis. An annual revenue de-growth of -10% needs improvement, Pre-tax margin of -1% needs improvement, ROE of -7% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 38% and 154% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 15% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 84 which is a GOOD score indicating consistency in earnings, a RS Rating of 99 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 69 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Surani Steel Tubes Financials
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 124137
Operating Expenses Annual Cr 123132
Operating Profit Annual in Cr 05
Depreciation Cr 11
Interest Annual Cr 12
Tax Annual Cr 00
Net Profit Annual Cr -22
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 5
Cash from Investing Activity Annual Cr 0
Cash from Financing Annual Activity Cr -5
Net Cash Flow Annual Cr 0
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2325
Fixed Assets Annual Cr 512
Total Non Current Assets Annual Cr 512
Total Current Assets Annual Cr 3739
Total Assets Annual Cr 4151
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 2830
ROE Annual % -88
ROCE Annual % -214
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 04
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Surani Steel Tubes Technicals

EMA & SMA

Current Price
₹292.4
-15.35 (-4.99%)
  • Bullish Moving Average
  • ___
  • 12
  • Bearish Moving Average
  • ___
  • 4
  • 20 Day
  • ₹266.84
  • 50 Day
  • ₹231.19
  • 100 Day
  • ₹196.25
  • 200 Day
  • ₹148.71
  • 20 Day
  • ₹250.51
  • 50 Day
  • ₹222.96
  • 100 Day
  • ₹205.23
  • 200 Day
  • ₹120.99

Surani Steel Tubes Resistance and Support

PIVOT
₹313.15
Resistance
First Resistance ₹318.55
Second Resistance ₹329.35
Third Resistance ₹334.75
RSI 70.09
MFI 75.92
MACD Single Line 23.32
MACD 31.78
Support
First Resistance ₹302.36
Second Resistance ₹296.95
Third Resistance ₹286.15

Surani Steel Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 14,000 1,199,940 85.71
Week 35,333 2,599,827 73.58
1 Month 44,211 3,684,063 83.33
6 Month 34,754 2,849,141 81.98

Surani Steel Tubes Result Highlights

Surani Steel Tubes Synopsis

NSE-Steel-Producers

Surani Steel Tubes is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 123.60 Cr. and Equity Capital is Rs. 8.28 Cr. for the Year ended 31/03/2023. Surani Steel Tubes Ltd. is a Public Limited Listed company incorporated on 31/07/2012 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27109GJ2012PLC071373 and registration number is 071373.
Market Cap 274
Sales 124
Shares in Float 0.59
No of funds
Yield
Book Value 11.19
U/D Vol ratio 3.8
LTDebt / Equity
Alpha 1.52
Beta -0.04

Surani Steel Tubes

Owner NameAug-23Mar-23
Promoters 54.51%33.97%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors
Financial Institutions/ Banks
Individual Investors 42.41%57.83%
Others 3.08%8.2%

Surani Steel Tubes Management

Name Designation
Mr. Dinesh Karshan Patel Joint Managing Director
Mr. Mukesh Patel Joint Managing Director
Mr. Karshanbhai Patel Director
Ms. Hetika Dipak Kinger Independent Director
Mr. Dineshbhai Dhanjibhai Patel Independent Director

Surani Steel Tubes Forecast

Price Estimates

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

Other Analyst Rating

Surani Steel Tubes Corporate Action

Date Purpose Remarks
2023-05-26 Audited Results
2023-05-10 Others To consider Fund Raising
2022-11-14 Quarterly Results
2022-02-16 Others To consider other business matters regarding to sale of property situated at Survey No. 107, 104, 105, Village. Sujana Muvada, Sampa- Lavada road, Tal. Dahegam, District. Gandhinagar, Gujarat-382315.
2021-11-13 Quarterly Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Surani Steel Tubes FAQs

What is Share Price of Surani Steel Tubes ?

Surani Steel Tubes share price is ₹292 As on 26 September, 2023 | 14:13

What is the Market Cap of Surani Steel Tubes ?

The Market Cap of Surani Steel Tubes is ₹259.9 Cr As on 26 September, 2023 | 14:13

What is the P/E ratio of Surani Steel Tubes ?

The P/E ratio of Surani Steel Tubes is As on 26 September, 2023 | 14:13

What is the PB ratio of Surani Steel Tubes ?

The PB ratio of Surani Steel Tubes is 11.4 As on 26 September, 2023 | 14:13

Q2FY23