Shriram Pistons & Rings Share Price Jumps to Fresh 52-Week High at Rs 4,835: Here’s Why
- September 28, 2026
- Posted by: Harsh Piplani
- Category: News
Shriram Pistons & Rings Share Price was Rs 4,706.55 at 28 September 2026 at 9:52 AM IST, down 0.28% from the previous close of Rs 4,719.75, even as the stock marked a fresh 52-week high at Rs 4,835.00 and held a market capitalisation of Rs 21,893.16 crore. The move places Shriram Pistons & Rings Share Price in focus for Shriram Pistons & Rings Ltd Share Price Today searches, Shriram Pistons & Rings Stock News and broader Stocks in News tracking on the Indian Stock Market.
The available data confirms the price event but does not establish a company-specific catalyst. What can be verified is the day’s price path: the stock opened at Rs 4,750.45, reached Rs 4,835.00, and touched a low of Rs 4,668.30 before closing the session snapshot at Rs 4,706.55. Turnover stood at Rs 0.62 crore. Against that backdrop, Univest is tracking the fresh 52-week high event, the valuation setup and the sector comparison so readers can place Shriram Pistons & Rings Share Price in context without adding unsupported assumptions.
The company’s market capitalisation, P/E ratio of 38.85, P/B ratio of 5.42, ROE of 21.28%, ROCE of 21.33%, EPS of 121.5 and dividend yield of 0.21% provide the core fundamental backdrop. In this Shriram Pistons & Rings Share Price article, the emphasis is on what the verified numbers show: a yearly high, a premium valuation relative to the industry median, and profitability metrics that are above the benchmark set out below. Investors using Univest for stock analysis can use the same data point to compare Shriram Pistons & Rings Share Price with its peers and the wider auto ancillary universe.
Shriram Pistons & Rings Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 4,706.55 |
| Previous Close | Rs 4,719.75 |
| Today's Move | Rs -13.2 (-0.28%) |
| Open | Rs 4,750.45 |
| High | Rs 4,835 |
| Low | Rs 4,668.3 |
| Turnover | Rs 0.62 crore |
| Market Capitalisation | Rs 21,893.16 crore |
Shriram Pistons & Rings Ltd (SHRIPISTON) traded at Rs 4,706.55 versus the previous close of Rs 4,719.75, a fall of 0.28%. The stock opened at Rs 4,750.45, reached a high of Rs 4,835 and touched a low of Rs 4,668.3.
Shriram Pistons & Rings Share Price today reflects a session that moved through a wide intraday range and still ended below the day’s peak. The stock was last quoted at Rs 4,706.55, which is Rs 13.20 below the previous close and Rs 43.90 below the day’s high. The fresh 52-week high of Rs 4,835.00 is the key event, while the day’s low of Rs 4,668.30 shows how the price moved within the session.
The open at Rs 4,750.45 sits above the previous close, and the gap between the open and the high was Rs 84.55. The gap between the low and the high was Rs 166.70, which gives a clear picture of the day’s range without assigning a cause. Turnover of Rs 0.62 crore captures the value traded during the session snapshot. For readers following Shriram Pistons & Rings Share Price Live, this is the exact factual setup: a fresh yearly high, a modest day decline, and a close below the peak. That sets up the next question for Shriram Pistons & Rings Stock News readers: how should the price event be read against the company’s fundamentals?
Shriram Pistons & Rings Ltd (SHRIPISTON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 21,893.16 crore |
| P/E Ratio | 38.85x |
| P/B Ratio | 5.42x |
| ROE | 21.28% |
| ROCE | 21.33% |
| EPS | Rs 121.5 |
| Book Value Per Share | Rs 870.75 |
| Dividend Yield | 0.21% |
Shriram Pistons & Rings Ltd (SHRIPISTON) fundamental metrics show P/E 38.85x, P/B 5.42x, 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 21893.16 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 38.85x, P/B at 5.42x 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 0.21%, 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 28.02x, median ROE of 12.55%, median ROCE of 14.79%. 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 | 38.85x |
| Benchmark Median P/E | 28.02x |
| Benchmark Average P/E | 81.47x |
| Benchmark P/E Range | 4.69x to 4,151.22x |
| Company P/B Ratio | 5.42x |
| Benchmark Median P/B | 2.72x |
| Company ROE | 21.28% |
| Benchmark Median ROE | 12.55% |
| Company ROCE | 21.33% |
| Benchmark Median ROCE | 14.79% |
| Company Market Capitalisation | Rs 21,893.16 crore |
| Benchmark Median Market Cap | Rs 1,018.56 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 38.85x, which is above the benchmark median of 28.02x, a difference of +38.65%. 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 12.55%, a difference of +69.56%. Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROCE of 21.33%, which is above the benchmark median of 14.79%, a difference of +44.22%.
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 (%) |
|---|---|---|---|---|---|---|
| Motherson Sumi Wiring India Ltd. | MSUMI | 22,753.23 | 36.27 | 9.86 | 32.39 | 43.72 |
| TENNECO CLEAN AIR INDIA L | TENNIND | 20,773.51 | 34.58 | 15.25 | 43.06 | 58.84 |
| BELRISE INDUSTRIES LTD | BELRISE | 23,995.04 | 47.34 | 3.4 | 12.56 | 14.65 |
| Gabriel India Ltd. | GABRIEL | 26,569.13 | 89.26 | 18.46 | 19.76 | 26.37 |
| ZF Commercial Vehicle Control Systems India Ltd. | ZFCVINDIA | 26,820.54 | 53.72 | 6.98 | 14.98 | 20.23 |
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 38.85x compared with the displayed peer median of 47.34x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 21.28% compares with a peer median of 19.76% across the companies shown in the table. ROCE stood at 21.33% versus the displayed peer median of 26.37%, providing a capital-efficiency comparison. Shriram Pistons & Rings Ltd (SHRIPISTON) has a market capitalisation of Rs 21,893.16 crore. Among the 5 peers shown, 4 have a larger market capitalisation.
Why Investors Are Watching Shriram Pistons & Rings
- Shiram Pistons & Rings Share Price touched a fresh 52-week high at Rs 4,835.00.
- The stock closed at Rs 4,706.55, which was Rs 13.20 below the previous close.
- Market capitalisation stood at Rs 21,893.16 crore.
- P/E was 38.85 and P/B was 5.42, both above the same-industry medians of 28.02 and 2.72.
- ROE of 21.28% and ROCE of 21.33% were above the benchmark medians of 12.55% and 14.79%.
About Shriram Pistons & Rings
Shriram Pistons & Rings Ltd operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The supplied data positions the company within a 113-company same-industry benchmark and a 257-company same-sector benchmark. The available company financials show revenue and net profit figures across recent periods, while the balance sheet asset figures supplied for 2022, 2023 and 2024 show an expanding asset base in absolute terms. For readers following Shriram Pistons & Rings Share Price on Univest, the factual profile is that of an auto ancillary listed company with published profitability, valuation and market-cap data that can be tracked alongside sector peers.
Track Shriram Pistons & Rings 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.
Track Shriram Pistons & Rings Share Price on Univest for live price updates, stock news, market cap, shareholding pattern, 52-week levels, valuation ratios and company insights. Univest also helps readers compare Shriram Pistons & Rings Share Price with sector peers, recent financials and benchmark data in one place.
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 Shriram Pistons & Rings Share Price today?
Ans. Shriram Pistons & Rings Share Price was Rs 4,706.55 at the latest update, down 0.28% from the previous close of Rs 4,719.75. The stock also touched a fresh 52-week high of Rs 4,835.00.
Did Shriram Pistons & Rings Ltd hit a fresh 52-week high?
Ans. Yes. Shriram Pistons & Rings Ltd touched a fresh 52-week high of Rs 4,835.00. The session also included an open at Rs 4,750.45 and a low of Rs 4,668.30, which shows the day’s range.
Why is Shriram Pistons & Rings Share Price in focus?
Ans. The stock is in focus because it reached a fresh yearly high while the current price, market capitalisation of Rs 21,893.16 crore and valuation metrics such as P/E and P/B are all clearly visible in the data.
What is the market capitalisation of Shriram Pistons & Rings Ltd?
Ans. Shriram Pistons & Rings Ltd has a market capitalisation of Rs 21,893.16 crore. That figure places it well above the same-industry median market cap of Rs 1,018.56 crore in the supplied benchmark.
How does Shriram Pistons & Rings compare on valuation?
Ans. Shriram Pistons & Rings Share Price trades at a P/E of 38.85 and P/B of 5.42. Both are above the same-industry medians of 28.02 and 2.72, which gives the stock a premium valuation profile.
What do ROE and ROCE show for Shriram Pistons & Rings?
Ans. ROE is 21.28% and ROCE is 21.33% for Shriram Pistons & Rings. Both metrics are above the benchmark medians of 12.55% and 14.79%, showing stronger profitability than the industry median.
What is the EPS of Shriram Pistons & Rings Ltd?
Ans. The EPS supplied for Shriram Pistons & Rings Ltd is 121.5. EPS indicates earnings attributable to each share and is one of the key figures used alongside P/E, book value and dividend yield.
What is the book value per share for Shriram Pistons & Rings?
Ans. Book value per share is Rs 870.75. This indicates the accounting net worth behind each share and is useful when reading Shriram Pistons & Rings Share Price alongside the P/B ratio of 5.42.
What is the dividend yield for Shriram Pistons & Rings Share Price?
Ans. The dividend yield is 0.21%. This is a historical or current payout measure and should be read together with the share price, earnings and valuation rather than treated as a forecast.
Which sector and industry does Shriram Pistons & Rings belong to?
Ans. Shriram Pistons & Rings Ltd belongs to the Automobile & Ancillaries sector and the Auto Ancillary industry. Its peer set includes other listed auto ancillary companies used in the supplied benchmark and comparison data.
