Paras Petrofils Ltd. (PARASPETRO) Share Price Surges 10% Today

Paras Petrofils Ltd. Share Price rises 10% to Rs 2.2, with a market cap of Rs 66.84 crore.

Paras Petrofils Ltd. Share Price has experienced a significant increase today, rising by 10% to reach Rs 2.2. This notable price rise positions the company as a top gainer in the market. With a market capitalisation of Rs 66.84 crore, Paras Petrofils Ltd. is categorized as a Micro Cap company. The share price movement today has surpassed the qualifying threshold of 8.1% set for its market-cap category, highlighting the stock's strong performance.

Today's rally in Paras Petrofils Ltd.'s share price is noteworthy, as it reflects investor interest and market dynamics. The stock opened at Rs 1.96 and reached a high of Rs 2.2, indicating strong upward momentum. The total trading volume for the day was 7,19,634 shares, with a turnover of Rs 0.07 crore. This surge in price and volume suggests heightened market activity and investor engagement.

Paras Petrofils Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2.2
Previous Close	Rs 2
Today's Change	+Rs 0.2 (+10%)
Day Open	Rs 1.96
Day High	Rs 2.2
Day Low	Rs 1.96
Current Volume (BSE)	3,31,777
BSE Traded Volume	3,31,777
NSE Traded Volume	3,87,857
Combined NSE + BSE Volume	7,19,634
Turnover	Rs 0.07 crore
Market Capitalisation	Rs 66.84 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Paras Petrofils Ltd. Share Price today opened at Rs 1.96 and quickly gained momentum, reaching a high of Rs 2.2. The stock's previous close was Rs 2, and it closed today at Rs 2.2, marking a 10% increase. This price action has placed Paras Petrofils Ltd. among the top gainers in the market, as it exceeded the Micro Cap qualifying threshold of 8.1%.

The total trading volume for Paras Petrofils Ltd. was 7,19,634 shares, with the majority of trading occurring on the BSE. The turnover for the day was Rs 0.07 crore, indicating active participation from investors. The stock's performance today highlights its potential as a significant player in the market, attracting attention from traders and investors alike.

The market capitalisation of Paras Petrofils Ltd. stands at Rs 66.84 crore, classifying it as a Micro Cap company. This category often experiences higher volatility, and today's price rise underscores the dynamic nature of such stocks. The stock's performance today is a testament to its ability to capture investor interest and generate substantial trading activity.

Paras Petrofils Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 66.84 crore
P/E Ratio	23.39x
P/B Ratio	4.02x
ROE	4.56%
ROCE	3.89%
EPS	Rs -0.01
Book Value Per Share	Rs 0.5
Dividend Yield	0%

Paras Petrofils Ltd. was valued at a P/E ratio of 23.39x, a P/B ratio of 4.02x. 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 4.56% and ROCE of 3.89%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs -0.01, book value per share of Rs 0.5, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Paras Petrofils Ltd. has a market capitalisation of Rs 66.84 crore, positioning it within the Micro Cap category. The company's P/E ratio is 23.39, which is above the industry median of 18.63, indicating a relatively higher valuation compared to its peers. The P/B ratio stands at 4.02, significantly above the industry median of 1.93, suggesting a premium valuation.

The company's Return on Equity (ROE) is 4.56%, which is above the industry median of 3.07%, indicating efficient use of shareholder funds. However, the Return on Capital Employed (ROCE) is 3.89%, below the industry median of 7.01%, suggesting room for improvement in capital efficiency.

Paras Petrofils Ltd. reported an EPS of -0.01, reflecting a loss per share. The book value per share is Rs 0.5, indicating the accounting net worth behind each share. The company does not offer a dividend yield, highlighting a focus on reinvestment and growth rather than immediate shareholder returns.

Sector and Industry Context

Metric	Value
Sector	Textile
Industry	Textile – Manmade Fibres
Benchmark Scope	same industry
Companies in Benchmark	18
Company P/E Ratio	23.39x
Benchmark Median P/E	18.63x
Benchmark Average P/E	37.01x
Benchmark P/E Range	0x to 176.42x
Companies with P/E Data	18
Company P/B Ratio	4.02x
Benchmark Median P/B	1.93x
Company ROE	4.56%
Benchmark Median ROE	3.07%
Company ROCE	3.89%
Benchmark Median ROCE	7.01%
Company Market Capitalisation	Rs 66.84 crore
Benchmark Median Market Cap	Rs 75.95 crore

Paras Petrofils Ltd. (PARASPETRO) is classified under sector: Textile and industry: Textile – Manmade Fibres. The numerical benchmark uses 18 same industry companies from the supplied master-data set.

Paras Petrofils Ltd. (PARASPETRO) has a P/E ratio of 23.39x, which is above the benchmark median of 18.63x, a difference of +25.55%. The benchmark contains 18 companies with P/E data, ranging from 0x to 176.42x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Paras Petrofils Ltd. (PARASPETRO) has a ROE of 4.56%, which is above the benchmark median of 3.07%, a difference of +48.53%. Paras Petrofils Ltd. (PARASPETRO) has a ROCE of 3.89%, which is below the benchmark median of 7.01%, a difference of -44.51%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Paras Petrofils Ltd. operates within the Textile sector, specifically in the Textile – Manmade Fibres industry. The industry comprises 18 companies, with Paras Petrofils Ltd. positioned among them. The industry P/E median is 18.63, with a range from 0 to 176.42, showcasing diverse valuations within the sector.

The company's P/E ratio of 23.39 is above the industry median, indicating a relatively higher valuation. The P/B ratio of 4.02 is significantly above the industry median of 1.93, suggesting a premium valuation. The ROE of 4.56% is above the industry median of 3.07%, reflecting efficient use of equity.

However, the ROCE of 3.89% is below the industry median of 7.01%, indicating potential for improvement in capital efficiency. The market capitalisation of Paras Petrofils Ltd. is Rs 66.84 crore, below the industry median of Rs 75.95 crore, highlighting its position as a smaller player within the industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Kamadgiri Fashion Ltd.	KAMADGIRI	72.11	23.39	1.84	-17.39	0.12
Lakhotia Polyesters (India) Ltd.	LAKHOTIA	60.85	32.91	3.35	-6.22	-1.35
Betex India Ltd.	BETXIND	73.5	12.97	1.81	8.7	9.45
Divyadhan Recycling Industries Ltd.	DIVYADHAN-ST	78.4	46.01	2.24	3.98	7.57
Jattashankar Industries Ltd.	JATTAINDUS	181.01	176.42	9.3	4.17	6.44

Paras Petrofils Ltd. (PARASPETRO) has a P/E ratio of 23.39x compared with the displayed peer median of 32.91x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 4.56% compares with a peer median of 3.98% across the companies shown in the table. ROCE stood at 3.89% versus the displayed peer median of 6.44%, providing a capital-efficiency comparison. Paras Petrofils Ltd. (PARASPETRO) has a market capitalisation of Rs 66.84 crore. Among the 5 peers shown, 4 have a larger market capitalisation.

Paras Petrofils Ltd. competes with several peers in the Textile – Manmade Fibres industry. Kamadgiri Fashion Ltd. has a market cap of Rs 72.11 crore, with a P/E of 23.39 and a P/B of 1.84. Lakhotia Polyesters (India) Ltd. has a market cap of Rs 60.85 crore, with a P/E of 32.91 and a P/B of 3.35.

Betex India Ltd. has a market cap of Rs 73.5 crore, with a P/E of 12.97 and a P/B of 1.81. Divyadhan Recycling Industries Ltd. has a market cap of Rs 78.4 crore, with a P/E of 46.01 and a P/B of 2.24. Jattashankar Industries Ltd. has a market cap of Rs 181.01 crore, with a P/E of 176.42 and a P/B of 9.3.

Paras Petrofils Ltd.'s P/E and P/B ratios are competitive within the industry, reflecting its market positioning. The company's ROE and ROCE are also comparable to its peers, indicating similar operational efficiency.

Why Investors Are Watching Paras Petrofils Ltd.

Investors are closely monitoring Paras Petrofils Ltd. due to its recent price action and market dynamics. The company's performance today has captured attention, highlighting its potential as a significant player in the market.

• Price Action: 10% increase in share price today.
• Technical Position: Neutral RSI, above moving averages.
• Fundamental Context: Higher P/E and P/B ratios, efficient ROE.
• Sector Positioning: Operates in the Textile – Manmade Fibres industry.

Investors should continue to monitor Paras Petrofils Ltd.'s market performance, technical indicators, and sector dynamics to assess its future potential and market positioning.

About Paras Petrofils Ltd.

Paras Petrofils Ltd. operates in the Textile sector, specifically within the Textile – Manmade Fibres industry. The company is involved in the production and distribution of manmade fibres, catering to various industrial and consumer applications. Its business model focuses on delivering high-quality textile products to meet the demands of its diverse customer base.

The company aims to leverage its expertise in textile manufacturing to maintain a competitive edge in the market. Paras Petrofils Ltd. is committed to innovation and quality, ensuring that its products meet industry standards and customer expectations. The company's strategic initiatives are geared towards expanding its market presence and enhancing operational efficiency.

Track Paras Petrofils Ltd. Share Price on Univest

Use Paras Petrofils Ltd. (PARASPETRO) 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 track Paras Petrofils Ltd. Share Price on Univest for real-time updates and insights. Univest provides comprehensive data on share price movements, technical indicators, fundamental ratios, and market insights. Stay informed about Paras Petrofils Ltd.'s performance and market trends by accessing detailed analysis and reports on Univest.

Frequently Asked Questions

What is the current share price of Paras Petrofils Ltd.?

Ans. The current share price of Paras Petrofils Ltd. is Rs 2.2, reflecting a 10% increase from the previous close of Rs 2. The stock moved 10% during the session. The intraday range extended from Rs 1.96 to Rs 2.2.

How much did Paras Petrofils Ltd. share price rise today?

Ans. Paras Petrofils Ltd. share price rose by 10% today, reaching Rs 2.2 from the previous close of Rs 2. The stock moved 10% during the session. The intraday range extended from Rs 1.96 to Rs 2.2.

What is the market capitalisation of Paras Petrofils Ltd.?

Ans. The market capitalisation of Paras Petrofils Ltd. is Rs 66.84 crore, classifying it as a Micro Cap company. The company operates in the Textile sector. Its P/E ratio is 23.39x.

What is the P/E ratio of Paras Petrofils Ltd.?

Ans. Paras Petrofils Ltd. has a P/E ratio of 23.39, which is above the industry median of 18.63, indicating a higher valuation. The company trades at a P/E ratio of 23.39x.

What is the ROE of Paras Petrofils Ltd.?

Ans. Paras Petrofils Ltd. has an ROE of 4.56%, which is above the industry median of 3.07%, indicating efficient use of equity. ROE stands at 4.56%. ROCE stands at 3.89%. The relevant peer median ROE is 3.07%.

Which industry does Paras Petrofils Ltd. operate in?

Ans. Paras Petrofils Ltd. operates in the Textile – Manmade Fibres industry, part of the broader Textile sector. The stock belongs to the Textile sector. Its industry classification is Textile – Manmade Fibres.

How does Paras Petrofils Ltd. compare to its peers?

Ans. Paras Petrofils Ltd. has competitive P/E and P/B ratios compared to its peers, with similar ROE and ROCE metrics. Comparable listed companies include Kamadgiri Fashion Ltd., Lakhotia Polyesters (India) Ltd., Betex India Ltd.