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Shriram Pistons & Rings Limited
Share Price Target & Analysis

NSE:SHRIPISTON

2067.04

VWAP

2050.00

Open

1929.65

Close

2130.00

High

2015.05

Low

2391.80

52 Week High

2027.20 ⇧
97.55 (5.06%)

SHRIPISTON

(AUTOMOBILE)
78% Momentum

Trending & Favourite

731.45

52 Week Low

95.08

EPS

49.67

PE

5.84

PB

Economical
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 2027.20, this results in a dividend yield of 0.79 %.

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 Economical performer in terms of earnings and profit margins with an EPS of 95.08. NSE:SHRIPISTON book value per share as of today is 347.23. The current price to book ratio for SHRIPISTON as of May 15, 2024 is 5.84.

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 20.20% is very crucial parameter which shows that 20.20% investors are anticipating that the price of SHRIPISTON share should go up with VWAP at 2067.04.

Now, the main question is whether to BUY or SELL, NSE:SHRIPISTON at current valuation.
As per latest Analysis No. #3091:-

⇑ 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 (May 15, 2024)

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

Shriram Pistons & Rings Limited share price moved Up by 5.06% from its previous close of Rs 1929.65. SHRIPISTON stock last traded price is 2027.20. SHRIPISTON share price trend is Up with a total of 731329 stocks traded till now. It has touched an intraday high of Rs 2130.00 and an intraday low of Rs 2015.05. The SHRIPISTON trading at 2027.20, Up by Rs. 97.55, or 5.06 percent which suggests that most of the Traders are anticipating that the price of SHRIPISTON share should go Up.

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 Up by 5.06%. SHRIPISTON share price short term trend is Up. It suggests that SHRIPISTON Share Price for Tomorrow remains the same with VWAP at 2067.04 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

 2027.20

SHRIPISTON Share Price Target Prediction for 2024 ^

 1505.6 - 2403.6

SHRIPISTON Share Price Target Prediction for 2025*^

 2403.6 - 2560.7

SHRIPISTON Share Price Target Prediction for 2026*^

 2560.7 - 2739.9

SHRIPISTON Share Price Target Prediction for 2027*^

 2877

SHRIPISTON Share Price Target Prediction for 2028*^

 2959

SHRIPISTON Share Price Target Prediction for 2030*^

 3225
SHRIPISTON Current Book Value 2023
345.5

*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: @2059.7

SHRIPISTON Moving Averages

BUY (11) NEUTRAL (0) SELL (3)
MA Simple Action S1 Expo Action E2
MA_5 2062.86 SELL 2064.82 SELL
MA_12 2074.86 SELL 2051.55 BUY
MA_20 2057.35 BUY 2021.06 BUY
MA_32 1917.95 BUY 1952.38 BUY
MA_50 1847.93 BUY 1879.53 BUY
MA_100 1724.64 BUY 1728.02 BUY
MA_200 1385.63 BUY 1430.29 BUY

SHRIPISTON Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 2057.35 Uptrend
MACD -14.61 SELL
ADX 22.64 NO or Weak Trend
DMI (+/-) 26.4 / 19.05 Uptrend

SHRIPISTON Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 59.16 Neutral
STOCHASTIC_K (Fast) 26.8 Neutral
STOCHASTIC_D (Slow) 47.29 Neutral
CCI -28.69 Neutral
PSAR 1935.54 BUY
TRUE RANGE 75.9 Neutral
ATR 85.63 Neutral
WILLIAMS R -53.2 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 40.27 Neutral
MOMENTUM 93.05 BUY

SHRIPISTON Last 1 Year Trend

Duration Value
1 Year 260.48%
3 Months 30.96%
1 Month 4.73%
1 Week -0.51%

SHRIPISTON Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 50%
NEUTRAL / HOLD 33%
SELL 17%

Most popular Questions & Answers about SHRIPISTON


Shriram Pistons & Rings Limited stock last traded price is 2027.20. SHRIPISTON share price moved Up by 5.06% from its previous close of Rs 1929.65.

Shriram Pistons & Rings Limited share price trend is Up with a total of 731329 stocks traded till now. It has touched an intraday high of Rs 2415.718 and an intraday low of Rs 2015.05. The SHRIPISTON trading at 2027.20, Up by Rs. 97.55, or 5.06 percent which suggests that most of the Traders are anticipating that the price of SHRIPISTON share should go Up and the Stop Loss will be around 2067.04.

The market cap of Shriram Pistons & Rings Limited is ₹1762 (in Cr) as of May 14, 2024.

The current price to earning ratio for Shriram Pistons & Rings Limited as of May 14, 2024 is 49.67.

The current price to book ratio for Shriram Pistons & Rings Limited as of May 14, 2024 is 5.84.

The highest price of Shriram Pistons & Rings Limited stock is ₹2391.80 in the last 52-week.

The lowest price of Shriram Pistons & Rings Limited stock is ₹731.45 in the last 52-week.

Shriram Pistons & Rings Limited share trading at ₹2027.20, Up by Rs. 97.55, or 5.06 percent which suggests that most of the traders are anticipating that the price of SHRIPISTON share should go Up.

In 2023, Stock price target for Shriram Pistons & Rings Limited (SHRIPISTON) are ₹1505.6 on downside and ₹2403.6 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 ₹2403.6 on downside and ₹2560.7 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 ₹2560.7 on downside and ₹2739.9 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 ₹2959 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.

As per the fundamental analysis of Shriram Pistons & Rings Limited (SHRIPISTON), it is of Economical quality in terms of earnings and profit margins with an EPS of 95.08. Shriram Pistons & Rings Limited book value per share as of today is 347.23. The current price to book ratio for SHRIPISTON as of May 15, 2024 is 5.84.


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 68.20 1.32 3.01
TATAMTRDVR 646.35 166.59 428.82
BOSCHLTD 31882.00 788.31 3733.75
TIINDIA 3752.80 38.12 170.24
SHIGAN 114.05 0 30.04
EXIDEIND 461.25 12.39 154.56
AMARAJABAT 1065.55 44.23 289.53
SUNCLAYLTD 10498.20 167.42 518.62
JBMA 1814.90 5.14 88.36
SUPRAJIT 407.45 14.84 79.43
Updated at: 14 May 2024 15:59

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