Shriram Pistons & Rings Ltd (SHRIPISTON) Share Price Hits New 52-Week High
- August 3, 2026
- Posted by: Harsh Piplani
- Category: News
Shriram Pistons & Rings Ltd Share Price reaches a new 52-week high at Rs 4,537, up 2.9% today, with a market cap of Rs 19,319.81 crore.
Shriram Pistons & Rings Ltd Share Price has surged to a new 52-week high of Rs 4,537, marking a 2.9% increase from the previous close of Rs 4,385.9. This milestone highlights the company’s strong market performance, with a current market capitalisation of Rs 19,319.81 crore. The stock opened at Rs 4,499.95 and reached a low of Rs 4,437.05 during the trading session. The turnover for the day stood at Rs 0.52 crore, with a volume of 1,160 shares traded. This fresh 52-week high underscores investor interest in Shriram Pistons & Rings Ltd, a key player in the Automobile & Ancillaries sector.
Shriram Pistons & Rings Ltd Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 4,513 |
| Previous Close | Rs 4,385.9 |
| Today's Change | +Rs 127.1 (+2.9%) |
| Day Open | Rs 4,499.95 |
| Fresh 52-Week High | Rs 4,537 |
| Day Low | Rs 4,437.05 |
| Current Volume | 1,160 |
| Turnover | Rs 0.52 crore |
| Market Capitalisation | Rs 19,319.81 crore |
Shriram Pistons & Rings Ltd (SHRIPISTON) traded at Rs 4,513. versus the previous close of Rs 4,385.9, a rise of 2.9%. The stock opened at Rs 4,499.95, reached Rs 4,537, touched Rs 4,437.05. Reported volume was 1,160.
Today, Shriram Pistons & Rings Ltd Share Price opened at Rs 4,499.95 and quickly climbed to a high of Rs 4,537, setting a new 52-week high. The stock closed at Rs 4,513, reflecting a 2.9% increase from the previous close of Rs 4,385.9. The day’s low was recorded at Rs 4,437.05. With a turnover of Rs 0.52 crore and a volume of 1,160 shares, the stock’s activity indicates strong market interest. This price action suggests that investors are optimistic about the company’s prospects, driving the stock to its yearly peak.
Shriram Pistons & Rings Ltd (SHRIPISTON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 19,319.81 crore |
| P/E Ratio | 23.39x |
| P/B Ratio | 5.41x |
| ROE | 17.69% |
| ROCE | 19.27% |
Shriram Pistons & Rings Ltd was valued at a P/E ratio of 23.39x, a P/B ratio of 5.41x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 17.69% and ROCE of 19.27%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Benchmark Scope | same sector |
| Company P/E Ratio | 23.39x |
| Benchmark Median P/E | 18.92x |
| Benchmark Average P/E | 57.43x |
| Benchmark P/E Range | 0x to 2,865.02x |
| Company P/B Ratio | 5.41x |
| Benchmark Median P/B | 1.97x |
| Company ROE | 17.69% |
| Benchmark Median ROE | 7.68% |
| Company ROCE | 19.27% |
| Benchmark Median ROCE | 9.75% |
| Company Market Capitalisation | Rs 19,319.81 crore |
| Benchmark Median Market Cap | Rs 252.1 crore |
Shriram Pistons & Rings Ltd (SHRIPISTON) is classified under sector: Automobile & Ancillaries.
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 23.39x, which is above the benchmark median of 18.92x, a difference of +23.63%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROE of 17.69%, which is above the benchmark median of 7.68%, a difference of +130.34%. Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROCE of 19.27%, which is above the benchmark median of 9.75%, a difference of +97.64%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| CARRARO INDIA LIMITED | CARRARO | 3,054.06 | 23.39 | 5.41 | 17.69 | 19.27 |
| TVS Srichakra Ltd. | TVSSRICHAK | 3,014.93 | 42.33 | 2.53 | 9.41 | 12.33 |
| Divgi Torqtransfer Systems Ltd. | DIVGIITTS | 2,947.43 | 62.81 | 4.64 | 15.05 | 19.01 |
| Sundaram-Clayton Ltd. | SUNCLAY | 2,758.86 | 11 | 2.23 | -3.36 | 3.46 |
| Panama Petrochem Ltd. | PANAMAPET | 2,747.32 | 12.93 | 1.87 | 34.66 | 41.19 |
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 23.39x compared with the displayed peer median of 23.39x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 17.69% compares with a peer median of 15.05% across the companies shown in the table. ROCE stood at 19.27% versus the displayed peer median of 19.01%, providing a capital-efficiency comparison. Shriram Pistons & Rings Ltd (SHRIPISTON) has a market capitalisation of Rs 19,319.81 crore. Among the 5 peers shown, 0 have a larger market capitalisation.
Why Investors Are Watching Shriram Pistons & Rings Ltd
- Achieved a new 52-week high at Rs 4,537, indicating strong market interest.
- Robust fundamental metrics with high ROE and ROCE.
- Premium valuation compared to sector medians.
- Significant market capitalisation within the sector.
About Shriram Pistons & Rings Ltd
Shriram Pistons & Rings Ltd is a prominent player in the Automobile & Ancillaries sector, focusing on the manufacture of pistons, piston rings, and engine valves. The company serves a diverse range of automotive and industrial applications, leveraging its extensive experience and technological capabilities. With a strong market presence and a commitment to quality, Shriram Pistons & Rings Ltd continues to be a key supplier to major automotive manufacturers, contributing to its robust market position.
Track Shriram Pistons & Rings Ltd Share Price on Univest
Use Shriram Pistons & Rings Ltd (SHRIPISTON) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Investors can track the live share price of Shriram Pistons & Rings Ltd, along with technical indicators, fundamental ratios, shareholding patterns, 52-week levels, and market insights on Univest. Stay informed about the latest developments and market trends.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the current share price of Shriram Pistons & Rings Ltd?
Ans. The current share price of Shriram Pistons & Rings Ltd is Rs 4,513, marking a 2.9% increase from the previous close. The stock moved 2.9% during the session. The intraday range extended from Rs 4,437.05 to Rs 4,537.
What is the 52-week high of Shriram Pistons & Rings Ltd?
Ans. Shriram Pistons & Rings Ltd has reached a 52-week high of Rs 4,537, reflecting strong market performance. The stock moved 2.9% during the session. The intraday range extended from Rs 4,437.05 to Rs 4,537.
How does Shriram Pistons & Rings Ltd's P/E ratio compare to the sector?
Ans. The P/E ratio of Shriram Pistons & Rings Ltd is 23.39, which is above the sector median of 18.92, indicating a higher valuation. The company trades at a P/E ratio of 23.39x.
What are the ROE and ROCE of Shriram Pistons & Rings Ltd?
Ans. Shriram Pistons & Rings Ltd has an ROE of 17.69% and a ROCE of 19.27%, both significantly higher than sector medians. ROE stands at 17.69%. ROCE stands at 19.27%. The relevant peer median ROE is 7.68%.
What is the market capitalisation of Shriram Pistons & Rings Ltd?
Ans. The market capitalisation of Shriram Pistons & Rings Ltd is Rs 19,319.81 crore, making it a major player in its sector. The company operates in the Automobile & Ancillaries sector.
How does Shriram Pistons & Rings Ltd's valuation compare to its peers?
Ans. Shriram Pistons & Rings Ltd's valuation is higher than many peers, with a P/E of 23.39 and a P/B of 5.41, reflecting premium pricing. The company trades at a P/E ratio of 23.39x.
Where can I track Shriram Pistons & Rings Ltd's share price?
Ans. You can track Shriram Pistons & Rings Ltd's share price and market insights on Univest for the latest updates and trends. The stock moved 2.9% during the session. The intraday range extended from Rs 4,437.05 to Rs 4,537.
