Shriram Pistons & Rings Ltd (SHRIPISTON): Shriram Pistons & Rings Share Price rises 2.49% as stock gains today
- August 28, 2026
- Posted by: Harsh Piplani
- Category: News
Shriram Pistons & Rings Share Price was Rs 4,605.60 at the close on 28 August 2026, up 2.49% or Rs 111.75 from the previous close of Rs 4,493.85. The company’s market capitalisation stood at Rs 21,401 crore. In today’s Stock Market Today action, the move places Shriram Pistons & Rings among the Stocks in News and the top gainers tracked by Univest, even though the supplied data confirms the price event but does not establish a company-specific catalyst. The session range was Rs 4,458 to Rs 4,609.25, and turnover stood at Rs 1.18 crore. For readers following Shriram Pistons & Rings Stock News, the important question is not only what changed in price but how that move sits beside valuation, sector benchmarks and peer numbers.
The latest Shriram Pistons & Rings Share Price Today move also matters because the stock trades in the Automobile & Ancillaries sector, where relative valuation and operating returns are often watched closely. Univest’s view is built on verified data only: today’s share price rise is real, but the reason behind it is not supplied. That makes this a price action and fundamental analysis note rather than a catalyst story.
Shriram Pistons & Rings Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 4,605.6 |
| Previous Close | Rs 4,493.85 |
| Today's Move | Rs 111.75 (+2.49%) |
| Open | Rs 4,512.15 |
| High | Rs 4,609.25 |
| Low | Rs 4,458 |
| Turnover | Rs 1.18 crore |
| Market Capitalisation | Rs 21,401 crore |
| Market Cap Category | Large Cap |
Shriram Pistons & Rings Ltd (SHRIPISTON) rose to Rs 4,605.6 from the previous close of Rs 4,493.85, a move of Rs 111.75 or 2.49%. The stock opened at Rs 4,512.15, reached a high of Rs 4,609.25, recorded a low of Rs 4,458.
Shriram Pistons & Rings Share Price today opened at Rs 4,512.15, moved within an intraday band of Rs 4,458 to Rs 4,609.25, and ended at Rs 4,605.60. That means the stock finished close to the day’s high after adding Rs 111.75, or 2.49%, versus the previous close. In simple terms, Shriram Pistons & Rings Share Price showed a positive same-day gain with a measured range and a close near the upper end of the session. Univest tracks such Shriram Pistons & Rings Share Price moves as part of broader Share Market Today coverage, but the supplied numbers alone only confirm the price action and turnover, not the reason for the move.
Shriram Pistons & Rings Ltd (SHRIPISTON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 21,401 crore |
| P/E Ratio | 36.99x |
| P/B Ratio | 5.16x |
| ROE | 21.28% |
| ROCE | 21.33% |
| EPS | Rs 121.5 |
| Book Value Per Share | Rs 870.75 |
| Dividend Yield | 0.22% |
Shriram Pistons & Rings Ltd (SHRIPISTON) fundamental metrics show P/E 36.99x, P/B 5.16x, ROE 21.28%, ROCE 21.33%. These figures provide context only and are not a buy or sell signal.
Shriram Pistons & Rings Ltd has a market capitalisation of Rs 21401 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 36.99x, P/B at 5.16x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 21.28% and ROCE of 21.33%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 121.5, book value per share of Rs 870.75, dividend yield of 0.22%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 23.86x, median ROE of 13.48%, median ROCE of 15.27%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Auto Ancillary |
| Benchmark Scope | same industry |
| Company P/E Ratio | 36.99x |
| Benchmark Median P/E | 23.86x |
| Benchmark Average P/E | 59.92x |
| Benchmark P/E Range | 6.84x to 2,055.93x |
| Company P/B Ratio | 5.16x |
| Benchmark Median P/B | 2.76x |
| Company ROE | 21.28% |
| Benchmark Median ROE | 13.48% |
| Company ROCE | 21.33% |
| Benchmark Median ROCE | 15.27% |
| Company Market Capitalisation | Rs 21,401 crore |
| Benchmark Median Market Cap | Rs 1,033.53 crore |
Shriram Pistons & Rings Ltd (SHRIPISTON) is classified under sector: Automobile & Ancillaries and industry: Auto Ancillary.
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 36.99x, which is above the benchmark median of 23.86x, a difference of +55.03%. 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 21.28%, which is above the benchmark median of 13.48%, a difference of +57.86%. Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROCE of 21.33%, which is above the benchmark median of 15.27%, a difference of +39.69%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Samvardhana Motherson International Ltd. | MOTHERSON | 1,74,781.57 | 39.95 | 4.18 | 10.77 | 13.63 |
| Bosch Ltd. | BOSCHLTD | 1,44,267.49 | 60.78 | 9.23 | 19.33 | 25.6 |
| UNO Minda Ltd. | UNOMINDA | 72,988.97 | 61.24 | 10.38 | 20.54 | 20.74 |
| Tube Investments of India Ltd. | TIINDIA | 55,379.11 | 90.78 | 6.87 | 16.86 | 27.33 |
| Sona BLW Precision Forgings Ltd. | SONACOMS | 49,661.7 | 73.24 | 8.35 | 11.06 | 14.75 |
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 36.99x compared with the displayed peer median of 61.24x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 21.28% compares with a peer median of 16.86% across the companies shown in the table. ROCE stood at 21.33% versus the displayed peer median of 20.74%, providing a capital-efficiency comparison. Shriram Pistons & Rings Ltd (SHRIPISTON) has a market capitalisation of Rs 21,401 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Shriram Pistons & Rings
- Shriram Pistons & Rings Share Price rose 2.49% today to Rs 4,605.60 after closing above the previous close of Rs 4,493.85.
- The session range was Rs 4,458 to Rs 4,609.25, and the stock closed near the day’s high.
- Market capitalisation stands at Rs 21,401 crore, which is above the industry median and average in the supplied benchmark.
- P/E of 36.99 and P/B of 5.16 both sit above the sector medians of 23.86 and 2.76.
- ROE of 21.28 and ROCE of 21.33 are above the benchmark medians, while EPS is Rs 121.50 and book value is Rs 870.75.
About Shriram Pistons & Rings
Shriram Pistons & Rings is part of the Automobile & Ancillaries sector and operates in the Auto Ancillary industry. The company is known for automotive engine components and related products, which places it in a supply chain that is closely linked to vehicle manufacturing and replacement demand. In coverage terms, this makes Shriram Pistons & Rings Stock News relevant to both auto-cycle watchers and valuation-focused readers.
The company’s current financial profile, as supplied here, includes market capitalisation, P/E, P/B, ROE, ROCE, EPS, book value and dividend yield. Those figures help explain why Shriram Pistons & Rings Share Price is tracked not only as a daily market move but also as a broader company-specific valuation story. Univest follows such stocks because the combination of business exposure and ratio profile often shapes how the market reads each new session.
Track Shriram Pistons & Rings Share Price on Univest
Use Shriram Pistons & Rings Ltd (SHRIPISTON) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
For investors comparing Shriram Pistons & Rings Share Price Today with sector and peer data, Univest keeps the key figures together in a clean format. That makes it easier to follow Shriram Pistons & Rings Stock News, share price rise episodes and related stock analysis without needing to piece the numbers together manually.
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
Why is Shriram Pistons & Rings Share Price rising today?
Ans. The supplied data confirms that Shriram Pistons & Rings Share Price rose 2.49% today, but it does not establish a company-specific catalyst. The stock closed at Rs 4,605.60 after trading between Rs 4,458 and Rs 4,609.25.
What is Shriram Pistons & Rings Share Price today?
Ans. Shriram Pistons & Rings Share Price today is Rs 4,605.60. It is higher than the previous close of Rs 4,493.85 by Rs 111.75, which is a 2.49% same-day gain. The previous close was Rs 4,493.85.
What is the market capitalisation of Shriram Pistons & Rings?
Ans. Shriram Pistons & Rings has a market capitalisation of Rs 21,401 crore. In the supplied same-industry benchmark, that is above the median market cap of Rs 1,033.53 crore and the average of Rs 8,595.50 crore.
How does Shriram Pistons & Rings compare on valuation?
Ans. The stock’s P/E ratio is 36.99 and P/B ratio is 5.16. Both are above the industry medians of 23.86 and 2.76, while P/E remains below the industry average of 59.92.
What do Shriram Pistons & Rings ROE and ROCE show?
Ans. ROE is 21.28 and ROCE is 21.33. Both are above the benchmark medians of 13.48 and 15.27, which gives useful context for Shriram Pistons & Rings Share Price and its fundamental profile.
How do earnings and book value support the share price?
Ans. EPS is Rs 121.50 and book value is Rs 870.75. EPS shows earnings attributable to each share, while book value reflects accounting net worth per share and adds context to Shriram Pistons & Rings Share Price.
How does Shriram Pistons & Rings compare with its peers?
Ans. Among the supplied peers, the stock’s P/E is below several higher-multiple names such as Bosch Ltd., UNO Minda Ltd. and Tube Investments of India Ltd. Its ROE is also stronger than some peers in the same set.
