Shriram Pistons & Rings (SHRIPISTON) Share Price rises 2.14% as stock trades higher today
- September 29, 2026
- Posted by: Kunal Singla
- Category: News
Shriram Pistons & Rings Share Price is higher today, with the stock last traded at Rs 4,743.40, up 2.14% from the previous close of Rs 4,644.15. The company’s market capitalisation stood at Rs 21,893.16 Cr as of 29 September 2026 at 3:22:47 PM IST. Univest figures confirm the price action, but they do not point to a specific company trigger. The move keeps Shriram Pistons & Rings Share Price in focus for investors tracking auto ancillary counters, especially because the day’s range and valuation metrics offer a clear read on how the stock is trading today. For readers following Shriram Pistons & Rings Stock News, the key question is not only what changed in price, but how that compares with fundamentals, sector benchmarks and listed peers. Univest data also shows the stock is trading above the opening level and within a broad intraday band.
Shriram Pistons & Rings Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 4,743.4 |
| Previous Close | Rs 4,644.15 |
| Today's Move | Rs 99.25 (+2.14%) |
| Open | Rs 4,650.05 |
| High | Rs 4,810.65 |
| Low | Rs 4,579 |
| Market Capitalisation | Rs 21,893.16 crore |
| Market Cap Category | Large Cap |
Shriram Pistons & Rings Ltd (SHRIPISTON) rose to Rs 4,743.4 from the previous close of Rs 4,644.15, a move of Rs 99.25 or 2.14%. The stock opened at Rs 4,650.05, reached a high of Rs 4,810.65, recorded a low of Rs 4,579.
Shriram Pistons & Rings Share Price rose Rs 99.25 today and was trading at Rs 4,743.40, after opening at Rs 4,650.05. The stock touched a high of Rs 4,810.65 and a low of Rs 4,579.00, which places the current quote in the upper half of the day’s range. The previous close was Rs 4,644.15, so the latest move reflects a 2.14% gain in the share price. For Shriram Pistons & Rings Share Price Today, the important takeaway is straightforward: the stock is trading higher, has held above the day’s opening level and remains within the same intraday band. That makes the price rise relevant for those tracking Shriram Pistons & Rings Share Price Live and Shriram Pistons & Rings Share Price Update during market hours. The next section places this share price rise in broader fundamental context.
Shriram Pistons & Rings Ltd (SHRIPISTON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 21,893.16 crore |
| P/E Ratio | 38.22x |
| P/B Ratio | 5.33x |
| 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 38.22x, P/B 5.33x, ROE 21.28%, ROCE 21.33%. Taken on their own, these numbers offer context rather than a trading signal.
Shriram Pistons & Rings Ltd has a market capitalisation of Rs 21,893.16 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 38.22x, P/B at 5.33x 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. According to latest Univest data, additional 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 latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 27.47x, median ROE of 12.56%, median ROCE of 14.83%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Auto Ancillary |
| Benchmark Scope | same industry |
| Company P/E Ratio | 38.22x |
| Benchmark Median P/E | 27.47x |
| Benchmark Average P/E | 80.93x |
| Benchmark P/E Range | 4.56x to 4,217.31x |
| Company P/B Ratio | 5.33x |
| Benchmark Median P/B | 2.83x |
| Company ROE | 21.28% |
| Benchmark Median ROE | 12.56% |
| Company ROCE | 21.33% |
| Benchmark Median ROCE | 14.83% |
| Company Market Capitalisation | Rs 21,893.16 crore |
| Benchmark Median Market Cap | Rs 1,009.31 crore |
Shriram Pistons & Rings Ltd (SHRIPISTON) operates in the Automobile & Ancillaries sector, within the Auto Ancillary industry.
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 38.22x, which is above the benchmark median of 27.47x, a difference of +39.13%. 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 | 1,74,781.57 | 39.28 | 4.11 | 10.77 | 13.63 |
| Bosch Ltd. | BOSCHLTD | 1,41,876.24 | 58.91 | 8.95 | 19.33 | 25.6 |
| UNO Minda Ltd. | UNOMINDA | 70,335.51 | 56.53 | 9.58 | 20.54 | 20.74 |
| Sona BLW Precision Forgings Ltd. | SONACOMS | 51,490.59 | 72.31 | 8.24 | 11.06 | 14.75 |
| Tube Investments of India Ltd. | TIINDIA | 48,763.77 | 78.35 | 5.93 | 16.86 | 27.33 |
Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 38.22x compared with the displayed peer median of 58.91x. The comparison is relative and should not be read as a recommendation. 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 21,893.16 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Shriram Pistons & Rings
- Shriram Pistons & Rings Share Price is trading higher today, which keeps Shriram Pistons & Rings Share Price Today in focus.
- The company’s P/E, P/B, ROE and ROCE give a clear fundamental backdrop to the share price rise.
- Sector and industry benchmarks show the stock trading above the median on valuation and profitability measures.
- Peer comparison places Shriram Pistons & Rings Share Price between lower and higher valuation auto ancillary names.
- Investors tracking Shriram Pistons & Rings Stock News can monitor whether the price action stays aligned with the company’s financial ratios.
About Shriram Pistons & Rings
Shriram Pistons & Rings Ltd operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The company’s business is linked to components used in the automotive supply chain, and that makes Shriram Pistons & Rings Share Price relevant for investors who follow domestic auto component names. In this industry, earnings quality, capital efficiency and valuation often matter more than broad market narratives, so Shriram Pistons & Rings Fundamental Analysis remains important alongside the price move. Univest figures show a market capitalisation of Rs 21,893.16 Cr, which places the company well above the industry median size in its peer universe. The stock’s EPS of 121.5, book value of Rs 870.75 and dividend yield of 0.22% also give a useful snapshot of the company’s financial profile. For readers comparing Shriram Pistons & Rings Share Price with other auto ancillary names, the business profile and ratio set together explain why the stock remains on watch.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Shriram Pistons & Rings Share Price rising today?
Ans. Shriram Pistons & Rings Share Price is higher by 2.14% today, but no company-specific catalyst is established. The move is best read through price action, valuation ratios and sector comparison from the latest Univest figures.
What is Shriram Pistons & Rings Share Price today?
Ans. Shriram Pistons & Rings Share Price last traded at Rs 4,743.40, compared with the previous close of Rs 4,644.15. That places the stock higher by Rs 99.25 in today’s market session.
What is the market capitalisation of Shriram Pistons & Rings?
Ans. Shriram Pistons & Rings Share Price is backed by a market capitalisation of Rs 21,893.16 Cr. That is well above the industry median in the Auto Ancillary universe and helps frame its valuation context.
What is the P/E ratio of Shriram Pistons & Rings Share Price?
Ans. Shriram Pistons & Rings Share Price has a P/E ratio of 38.22. In the same industry benchmark, this is above the median of 27.47 but below the average of 80.93, which keeps valuation in focus.
How does Shriram Pistons & Rings compare on ROE and ROCE?
Ans. Shriram Pistons & Rings Share Price reflects ROE of 21.28% and ROCE of 21.33%. Both are above the industry medians, showing stronger capital efficiency than the benchmark midpoint in auto ancillary stocks.
What is the book value of Shriram Pistons & Rings Share Price?
Ans. Shriram Pistons & Rings Share Price has a book value of Rs 870.75 per share and EPS of 121.5. These figures help investors compare accounting support, earnings power and the current market price.
Is Shriram Pistons & Rings expensive versus peers?
Ans. Shriram Pistons & Rings Share Price trades at a P/E of 38.22 and P/B of 5.33. That is above the industry median, but still below several premium peers in the auto ancillary group.
What should investors monitor next in Shriram Pistons & Rings Share Price?
Ans. Investors should monitor whether Shriram Pistons & Rings Share Price sustains above the day’s opening level and how it continues to compare with valuation, ROE, ROCE and peer benchmarks in the same industry.
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.
Investors can follow Shriram Pistons & Rings Share Price on Univest for live price updates, key valuation ratios, market capitalisation, 52-week levels and company insights. The platform also helps track Shriram Pistons & Rings Share Price Today alongside Shriram Pistons & Rings Latest News, Shriram Pistons & Rings Stock Analysis and company-level context in one place. If you are monitoring Shriram Pistons & Rings Share News during market hours, Univest brings the essential facts together without adding noise. That makes it easier to compare the stock’s price action with its fundamentals and sector position.
