NIFTY 23907.25 BANK 51135.40

Shriram Pistons & Rings Limited
Share Price Target & Analysis

NSE:SHRIPISTON

2000.42

VWAP

2026.7

Open

2010.2

Close

2030

High

1962.2

Low

2399

52 Week High

1989.95 ⇩
-20.25 (-1.01%)

SHRIPISTON

(AUTOMOBILE)
70.9% Momentum

Sideways to Positive

993

52 Week Low

106.17

EPS

36.28

PE

4.5

PB

Standard
Quality

Silver
Valuation

#Analysis

NSE: SHRIPISTON Share Price Financial Analysis & Valuation

Shriram Pistons & Rings Limited (SHRIPISTON) is broadly categorized in AUTOMOBILE segment industry which deals in Auto Ancillaries vertical. It is one of Small Cap company with Market Capitalization of Rs 1762 (in Cr). Total number of free float shares are 2.2 (in Lacs). Shriram Pistons & Rings Limited is listed on NSE with Exchange ID - INE526E01018 and trading code is NSE:SHRIPISTON with short name Shriram Pistons.

In the past 1 year, Shriram Pistons & Rings Limited has declared an equity dividend of Rs 16 per share. At the current share price of SHRIPISTON at Rs 1989.95, this results in a dividend yield of 0.8 %.

As per the Fundamental Analysis of NSE:SHRIPISTON, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SHRIPISTON underlying value and future prospects. All of this data is available in SHRIPISTON financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SHRIPISTON, it is clearly understood that SHRIPISTON is Standard performer in terms of earnings and profit margins with an EPS of 106.17. NSE:SHRIPISTON book value per share as of today is 442.65. The current price to book ratio for SHRIPISTON as of Nov 23, 2024 is 4.5.

Valuation of the Stock: The current valuation of SHRIPISTON stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SHRIPISTON whether to BUY this stock at current valuation. The delivery percentage of SHRIPISTON is 51.46% is very crucial parameter which shows that 51.46% investors are anticipating that the price of SHRIPISTON share should go up with VWAP at 2000.42.

Now, the main question is whether to BUY or SELL, NSE:SHRIPISTON at current valuation.
As per latest Analysis No. #3898:-

⇑ STRONG BUY SHRIPISTON if All Greens

⇗ BUY SHRIPISTON (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD SHRIPISTON (With Stop Loss) if only 1 Green

⇘ SELL SHRIPISTON if NO Green Indicator

NSE: SHRIPISTON Share Price Today (Nov 23, 2024)

(Shriram Pistons & Rings Limited Daily Analysis on the basis of SHRIPISTON Intraday Graph & Trend)

Shriram Pistons & Rings Limited share price moved Down by -1.01% from its previous close of Rs 2010.2. SHRIPISTON stock last traded price is 1989.95. SHRIPISTON share price trend is Down with a total of 30994 stocks traded till now. It has touched an intraday high of Rs 2030 and an intraday low of Rs 1962.2. The SHRIPISTON trading at 1989.95, Down by Rs. -20.25, or -1.01 percent which suggests that most of the Traders are anticipating that the price of SHRIPISTON share should go Down.

NSE: SHRIPISTON Share Price Tomorrow Prediction

(Shriram Pistons & Rings Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHRIPISTON)

Shriram Pistons & Rings Limited share price moved Down by -1.01%. SHRIPISTON share price short term trend is Down. It suggests that SHRIPISTON Share Price for Tomorrow remains the same with VWAP at 2000.42 will be treated as stop loss for intraday traders. Shriram Pistons & Rings Limited Long term investors can follow the SHRIPISTON long term trend as mentiond in future forecast table.

NSE Code

NSE: SHRIPISTON

SHRIPISTON Share Price Today

 1989.95

SHRIPISTON Share Price Target Prediction for 2024 ^

 1633.2 - 2410.9

SHRIPISTON Share Price Target Prediction for 2025*^

 2410.9 - 2568.4

SHRIPISTON Share Price Target Prediction for 2026*^

 2568.4 - 2748.2

SHRIPISTON Share Price Target Prediction for 2027*^

 2886

SHRIPISTON Share Price Target Prediction for 2028*^

 2968

SHRIPISTON Share Price Target Prediction for 2030*^

 3235
SHRIPISTON Current Book Value 2023
440.4

*Shriram Pistons & Rings Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SHRIPISTON share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SHRIPISTON Technical Analysis

Candlestick Pattern: @2026.65

SHRIPISTON Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 2019.98 BUY 2023.58 BUY
MA_12 2057.06 SELL 2044 SELL
MA_20 2046.76 SELL 2059.88 SELL
MA_32 2090.96 SELL 2081.03 SELL
MA_50 2148.43 SELL 2086.59 SELL
MA_100 2069.69 SELL 2061.91 SELL
MA_200 1963.98 BUY 1893.9 BUY

SHRIPISTON Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 2046.76 Downtrend
MACD -1.76 SELL
ADX 18.31 NO or Weak Trend
DMI (+/-) 16.6 / 25.19 Downtrend

SHRIPISTON Momentum Oscillators

BUY (1) NEUTRAL (10) SELL (1)
Momentum Oscillators Value Action
RSI 46.58 Neutral
STOCHASTIC_K (Fast) 39.38 Neutral
STOCHASTIC_D (Slow) 42.68 Neutral
CCI -51.71 Neutral
PSAR 1950.1 BUY
TRUE RANGE 85.55 Neutral
ATR 90.64 Neutral
WILLIAMS R -56.14 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 70.31 Neutral
STOCHASTIC RSI D 56.77 Neutral
MOMENTUM -238 SELL

SHRIPISTON Last 1 Year Trend

Duration Value
1 Year 91.49%
3 Months 6.63%
1 Month -10.51%
1 Week -0.66%

SHRIPISTON Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 37%
SELL 47%

Most popular Questions & Answers about SHRIPISTON


Shriram Pistons & Rings Limited stock last traded price is 1989.95. SHRIPISTON share price moved Down by -1.01% from its previous close of Rs 2010.2.

Shriram Pistons & Rings Limited share price trend is Down with a total of 30994 stocks traded till now. It has touched an intraday high of Rs 2422.99 and an intraday low of Rs 1962.2. The SHRIPISTON trading at 1989.95, Down by Rs. -20.25, or -1.01 percent which suggests that most of the Traders are anticipating that the price of SHRIPISTON share should go Down and the Stop Loss will be around 2000.42.

The market cap of Shriram Pistons & Rings Limited is ₹1762 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Shriram Pistons & Rings Limited as of Nov 22, 2024 is 36.28.

The current price to book ratio for Shriram Pistons & Rings Limited as of Nov 22, 2024 is 4.5.

The highest price of Shriram Pistons & Rings Limited stock is ₹2399 in the last 52-week.

The lowest price of Shriram Pistons & Rings Limited stock is ₹993 in the last 52-week.

Shriram Pistons & Rings Limited share trading at ₹1989.95, Down by Rs. -20.25, or -1.01 percent which suggests that most of the traders are anticipating that the price of SHRIPISTON share should go Down.

In 2023, Stock price target for Shriram Pistons & Rings Limited (SHRIPISTON) are ₹1633.2 on downside and ₹2410.9 on upside. Shriram Pistons & Rings Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shriram Pistons & Rings Limited (SHRIPISTON) are ₹2410.9 on downside and ₹2568.4 on upside. Shriram Pistons & Rings Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shriram Pistons & Rings Limited (SHRIPISTON) are ₹2568.4 on downside and ₹2748.2 on upside. Shriram Pistons & Rings Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Shriram Pistons & Rings Limited (SHRIPISTON) will be around ₹2968 Shriram Pistons & Rings Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHRIPISTON.

The price of Shriram Pistons & Rings Limited (SHRIPISTON) shares moved by -1.01%. The short-term trend for SHRIPISTON share price is Down. It implies that the share price of SHRIPISTON will stay the same tomorrow and that intraday traders should treat VWAP at 2000.42 as a stop loss. Investors with a long-term outlook can track SHRIPISTON long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SHRIPISTON stock is 1273. Compared to the current market price of 1989.95 INR, the SHRIPISTON stock is Overvalued by 36%.

As per the fundamental analysis of Shriram Pistons & Rings Limited (SHRIPISTON), it is of Standard quality in terms of earnings and profit margins with an EPS of 106.17. Shriram Pistons & Rings Limited book value per share as of today is 442.65. The current price to book ratio for SHRIPISTON as of Nov 23, 2024 is 4.5.


NSE:SHRIPISTON News & Other Useful Information about SHRIPISTON Share Price


Peer Comparison of NSE: SHRIPISTON

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto Ancillaries

Company Price EPS BV
MSUMI 61.84 1.49 3.79
TATAMTRDVR 768.65 199.73 0
BOSCHLTD 34350.00 706.59 4090.1
TIINDIA 3474.40 37.62 205.28
SHIGAN 118.00 0 36.61
EXIDEIND 424.05 12.96 154.56
AMARAJABAT 1417.65 44.23 369.82
SUNCLAYLTD 11622.05 125.07 716.47
JBMA 1418.65 8.05 88.36
SUPRAJIT 450.40 19.04 94.07
Updated at: 22 Nov 2024 15:43

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