Shriram Pistons & Rings Ltd (SHRIPISTON): Shriram Pistons & Rings Share Price rises 2.44% today
- September 24, 2026
- Posted by: Harsh Piplani
- Category: News
Shriram Pistons & Rings Share Price moved higher today, with the stock closing at Rs 4,598.50 after a 2.44% rise. The company’s market capitalisation stands at Rs 20,923.22 crore, placing this move in the context of a sizeable listed auto ancillary business. The session also saw the stock trade between Rs 4,467.30 and Rs 4,622.25 after opening at Rs 4,488.05, while turnover was Rs 0.49 crore. Univest tracks this Shriram Pistons & Rings Share Price move as part of its live stock coverage, but the supplied data does not establish a company-specific catalyst for the day’s gain.
For readers following Shriram Pistons & Rings Share Price Today, the main point is straightforward: the stock is rising today on verified same-day market data, and the move deserves attention because the current price, day range and valuation ratios all give context. In Shriram Pistons & Rings Stock News, the focus is on what the numbers show rather than on a cause that is not supplied. Univest uses this kind of event-led update to help investors compare price action, fundamentals and sector positioning without adding unsupported claims.
Shriram Pistons & Rings Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 4,598.5 |
| Previous Close | Rs 4,488.9 |
| Today's Move | Rs 109.6 (+2.44%) |
| Open | Rs 4,488.05 |
| High | Rs 4,622.25 |
| Low | Rs 4,467.3 |
| Turnover | Rs 0.49 crore |
| Market Capitalisation | Rs 20,923.22 crore |
| Market Cap Category | Large Cap |
Shriram Pistons & Rings Ltd (SHRIPISTON) rose to Rs 4,598.5 from the previous close of Rs 4,488.9, a move of Rs 109.6 or 2.44%. The stock opened at Rs 4,488.05, reached a high of Rs 4,622.25, recorded a low of Rs 4,467.3.
The day’s movement in Shriram Pistons & Rings Share Price was a Rs 109.60 gain from the previous close of Rs 4,488.90 to Rs 4,598.50. The stock opened at Rs 4,488.05, touched an intraday low of Rs 4,467.30 and a high of Rs 4,622.25. That leaves the close near the upper part of the day’s range, which is a factual description of price action, not a statement about cause. Turnover for the session stood at Rs 0.49 crore. For investors scanning Shriram Pistons & Rings Share Price Today, these are the verified numbers that define the move.
In Shriram Pistons & Rings Share News, the data confirms a same-day share price rise and nothing more specific about why it happened. Univest highlights such moves because they often become part of Stocks in News and broader Stock Market Today screens, especially when the stock is also being viewed alongside the company’s valuation and industry context.
Shriram Pistons & Rings Ltd (SHRIPISTON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 20,923.22 crore |
| P/E Ratio | 36.95x |
| 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 36.95x, 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 20923.22 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 36.95x, 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 28.44x, median ROE of 12.56%, median ROCE of 14.83%. 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 | 36.95x |
| Benchmark Median P/E | 28.44x |
| Benchmark Average P/E | 77.37x |
| Benchmark P/E Range | 4.59x to 3,828.4x |
| Company P/B Ratio | 5.16x |
| Benchmark Median P/B | 2.82x |
| Company ROE | 21.28% |
| Benchmark Median ROE | 12.56% |
| Company ROCE | 21.33% |
| Benchmark Median ROCE | 14.83% |
| Company Market Capitalisation | Rs 20,923.22 crore |
| Benchmark Median Market Cap | Rs 1,027.44 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 36.95x, which is above the benchmark median of 28.44x, a difference of +29.92%. 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 12.56%, a difference of +69.43%. Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROCE of 21.33%, which is above the benchmark median of 14.83%, a difference of +43.83%.
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 | 1,70,981.97 | 39.64 | 4.15 | 10.77 | 13.63 |
| Bosch Ltd. | BOSCHLTD | 1,41,949.98 | 59.55 | 9.05 | 19.33 | 25.6 |
| UNO Minda Ltd. | UNOMINDA | 71,317.2 | 58.77 | 9.96 | 20.54 | 20.74 |
| Sona BLW Precision Forgings Ltd. | SONACOMS | 50,367.16 | 74.7 | 8.52 | 11.06 | 14.75 |
| Tube Investments of India Ltd. | TIINDIA | 49,628.07 | 82.35 | 6.23 | 16.86 | 27.33 |
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 36.95x compared with the displayed peer median of 59.55x. 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 20,923.22 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 2.44% today to Rs 4,598.50 after closing above the previous close of Rs 4,488.90.
- The day’s range was Rs 4,467.30 to Rs 4,622.25, which frames the session’s price action around the closing level.
- Market capitalisation stands at Rs 20,923.22 crore, giving Shriram Pistons & Rings Share Price a clear size context.
- ROE is 21.28% and ROCE is 21.33%, both above the same-industry median and average.
- P/E of 36.95 and P/B of 5.16 provide valuation context versus Auto Ancillary peers.
About Shriram Pistons & Rings
Shriram Pistons & Rings Ltd operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The company is known for products linked to engine components, with its market presence reflected in its listed valuation and return ratios. In Shriram Pistons & Rings Stock News, the business profile matters because ancillary manufacturers are usually assessed on product relevance, profitability and industry positioning rather than on share price alone.
The company’s reported metrics show a business with earnings support, as reflected in EPS of Rs 121.5, book value of Rs 870.75 and ROE and ROCE above benchmark levels. Univest includes this company overview so readers tracking Shriram Pistons & Rings Share Price can connect the market move with the enterprise behind it. The stock also appears across Shriram Pistons & Rings NSE and Shriram Pistons & Rings BSE searches, where investors typically look for live price updates, ratios and market context.
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.
Track Shriram Pistons & Rings Share Price on Univest for live share price, Shriram Pistons & Rings Share Price Today updates, Shriram Pistons & Rings Stock News, Shriram Pistons & Rings Financial Results, shareholding pattern, 52-week levels and market insights. Univest also presents fundamental ratios, valuation context and sector comparison in one place, helping readers follow Shriram Pistons & Rings Share Price Live without switching between multiple sources.
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 did Shriram Pistons & Rings Share Price rise today?
Ans. The supplied data confirms that Shriram Pistons & Rings Share Price rose 2.44% today, but it does not establish a company-specific catalyst. The move is verified through the day’s open, high, low, close and turnover.
What is Shriram Pistons & Rings Share Price today?
Ans. Shriram Pistons & Rings Share Price today is Rs 4,598.50. It rose Rs 109.60 from the previous close of Rs 4,488.90, and the stock moved between Rs 4,467.30 and Rs 4,622.25 during the session.
How much did Shriram Pistons & Rings stock gain today?
Ans. Shriram Pistons & Rings stock gained 2.44% today. In absolute terms, that is Rs 109.60, making it a clear same-day share price rise rather than a flat session. The previous close was Rs 4,488.9.
What is the market capitalisation of Shriram Pistons & Rings?
Ans. Shriram Pistons & Rings has a market capitalisation of Rs 20,923.22 crore. That places the company well above the industry median in the same-industry benchmark used here. The company operates in the Automobile & Ancillaries sector.
Is Shriram Pistons & Rings expensive compared with peers?
Ans. The stock’s P/E of 36.95 is above the industry median of 28.44 but below the average of 77.37. Its P/B of 5.16 is also above the median and slightly below the average.
What do Shriram Pistons & Rings ROE and ROCE show?
Ans. ROE is 21.28% and ROCE is 21.33%. Both are above the same-industry median and average, which gives useful operating and capital-return context for Shriram Pistons & Rings Share Price. ROE stands at 21.28%.
What do EPS and book value mean for this stock?
Ans. EPS is Rs 121.5 and book value is Rs 870.75 per share. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.
