Surani Steel Tubes
Surani Steel Tubes Performance
Day Range
- Low 292.4
- High 319.7
52 Week Range
- Low 19
- High 351
- Open Price319.7
- Previous Close307.75
- Volume8000
Start SIP in Surani Steel Tubes
Start SIPSurani 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
| Indicator | Mar 2023 | Mar 2022 |
|---|---|---|
| Total Revenue Annual Cr | 124 | 137 |
| Operating Expenses Annual Cr | 123 | 132 |
| Operating Profit Annual in Cr | 0 | 5 |
| Depreciation Cr | 1 | 1 |
| Interest Annual Cr | 1 | 2 |
| Tax Annual Cr | 0 | 0 |
| Net Profit Annual Cr | -2 | 2 |
Surani Steel Tubes Technicals
EMA & SMA
- 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
| 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 Name | Aug-23 | Mar-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
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 |
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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