Shriram Pistons Stock Price Analysis and Quick Research Report. Is Shriram Pistons an attractive stock to invest in?
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The Indian Auto Industry is among the top five largest in the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The government's support is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Shriram Pistons stock price today is Rs 2612. Let’s look at how Shriram Pistons is performing and if it is the right time to buy the stock of Shriram Pistons with detailed analysis.
- The mainstream of revenue for Auto Sector is their sales, Shriram Pistons has reported poor sales growth of 7.6444% and in the latest quarter sales was Rs 835.6 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 8.3752 times for Shriram Pistons . It is managing its inventory poorly .
- Shriram Pistons reported Profit growth of 11.4255 % over the year, where the latest year profit is Rs 497.809 Cr compared to the previous year of Rs 446.764 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
- The operating profit of Shriram Pistons in the latest quarter is Rs 175.8 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
- Shriram Pistons has a healthy ROE of 22.9432%. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Shriram Pistons has a low Debt to Equity ratio of 0.1483.
- Shriram Pistons pays a dividend of 10 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0.3826%.
- The share of promoter in Shriram Pistons is low at 43.75%, where the pledging is 0%.
- What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Shriram Pistons is 22.4162522978375 compared to the 5 year average PE of 14.62096.
One can find all the Financial Ratios of Shriram Pistons in Ticker for free. Also, one can get the intrinsic value of Shriram Pistons by using Valuation Calculators, which are available with a Finology ONE subscription.
Shriram Pistons FAQs
Q1. What is Shriram Pistons share price today?
Ans: The current share price of Shriram Pistons is Rs 2612.
Q2. What is the market capitalisation of Shriram Pistons?
Ans: Shriram Pistons has a market capitalisation of Rs 11505.8140288 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Shriram Pistons?
Ans: The PE ratio of Shriram Pistons is 22.4162522978375 and the P/B ratio of Shriram Pistons is 4.54926010952013, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Shriram Pistons share?
Ans: The 52-week high share price of Shriram Pistons is Rs 2728.9, and the 52-week low share price of Shriram Pistons is Rs 1662.55.
Q5. Does Shriram Pistons pay dividends?
Ans: Currently, Shriram Pistons pays dividends. Dividend yield of Shriram Pistons is around 0.3826%.
Q6. What are the face value and book value of Shriram Pistons shares?
Ans: The face value of Shriram Pistons shares is Rs 10, while the book value per share of Shriram Pistons is around Rs 574.1593. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Shriram Pistons?
Ans: Shriram Pistons has a total debt of Rs 355.829 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Shriram Pistons?
Ans: The ROE of Shriram Pistons is 22.9432% and ROCE of Shriram Pistons is 27.5134%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is Shriram Pistons a good buy for the long term?
Ans: The Shriram Pistons long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is Shriram Pistons undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Shriram Pistons appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Shriram Pistons’s financials?
Ans: You can review Shriram Pistons’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.