Paras Petrofils Ltd. (PARASPETRO) Share Price Surges 9.59% Today

Paras Petrofils Ltd. Share Price rises 9.59% today, reaching Rs 2.4 with a market cap of Rs 73.19 Cr.

Paras Petrofils Ltd. Share Price has surged by 9.59% today, reaching Rs 2.4. This significant price rise positions the company as a top gainer in the market. With a market capitalisation of Rs 73.19 crore, Paras Petrofils Ltd. falls under the Micro Cap category. The company’s share price increase has surpassed the qualifying threshold of 8.1% set for its market-cap category, highlighting its notable performance in today’s trading session.

The surge in Paras Petrofils Ltd.’s share price today is noteworthy, as it reflects a strong market interest in the stock. The company’s current price of Rs 2.4 marks a significant gain from its previous close of Rs 2.19. This price action places the company in the spotlight, drawing attention from investors and analysts alike. Univest provides detailed insights into the stock’s performance, offering a comprehensive analysis of its price action, technical indicators, and fundamental metrics.

Paras Petrofils Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2.4
Previous Close	Rs 2.19
Today's Change	+Rs 0.21 (+9.59%)
Day Open	Rs 2.22
Day High	Rs 2.4
Day Low	Rs 2.22
Current Volume (BSE)	3,52,482
BSE Traded Volume	3,52,482
NSE Traded Volume	11,91,153
Combined NSE + BSE Volume	15,43,635
Turnover	Rs 0.08 crore
Market Capitalisation	Rs 73.19 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today’s trading session has been remarkable for Paras Petrofils Ltd., with the share price opening at Rs 2.22 and reaching a high of Rs 2.4. The day’s low was recorded at Rs 2.22, indicating a strong upward movement throughout the session. The total volume traded today was 15,43,635 shares, with a turnover of Rs 0.08 crore. This volume indicates significant market participation, with the BSE accounting for 3,52,482 shares and the NSE contributing 11,91,153 shares.

Paras Petrofils Ltd. is classified under the Micro Cap category, and today’s price rise of 9.59% has exceeded the qualifying threshold of 8.1% for this category. This achievement underscores the stock’s strong performance and investor interest. The company’s market capitalisation stands at Rs 73.19 crore, reflecting its position within the Textile sector, specifically in the Textile – Manmade Fibres industry. The stock’s impressive price action today highlights its potential for further analysis and monitoring.

Paras Petrofils Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 73.19 crore
P/E Ratio	12.97x
P/B Ratio	4.4x
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 12.97x, a P/B ratio of 4.4x. 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 73.19 crore and an enterprise value that reflects its financial standing within the industry. The company’s price-to-earnings (P/E) ratio is 12.97, which is below the industry median of 19.09, indicating a relatively inexpensive valuation compared to its peers. The price-to-book (P/B) ratio stands at 4.4, significantly above the industry median of 1.98, suggesting a higher valuation in terms of book value.

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 utilisation. The earnings per share (EPS) is -0.01, reflecting a challenging profitability scenario. The book value per share is Rs 0.5, and the dividend yield is 0%, indicating no current dividend payout.

Sector and Industry Context

Metric	Value
Sector	Textile
Industry	Textile – Manmade Fibres
Benchmark Scope	same industry
Companies in Benchmark	18
Company P/E Ratio	12.97x
Benchmark Median P/E	19.09x
Benchmark Average P/E	37.45x
Benchmark P/E Range	0x to 177.45x
Companies with P/E Data	18
Company P/B Ratio	4.4x
Benchmark Median P/B	1.98x
Company ROE	4.56%
Benchmark Median ROE	3.07%
Company ROCE	3.89%
Benchmark Median ROCE	7.01%
Company Market Capitalisation	Rs 73.19 crore
Benchmark Median Market Cap	Rs 75.2 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 12.97x, which is below the benchmark median of 19.09x, a difference of -32.06%. The benchmark contains 18 companies with P/E data, ranging from 0x to 177.45x. 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 sector comprises 308 companies, with 18 companies in the same industry. The company’s P/E ratio of 12.97 is below the industry median of 19.09, suggesting a relatively lower valuation. The P/B ratio of 4.4 is significantly above the industry median of 1.98, indicating a higher valuation in terms of book value.

The company’s 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 better capital utilisation. The market capitalisation of Rs 73.19 crore places Paras Petrofils Ltd. below the industry median of Rs 75.2 crore, highlighting its position within the industry. The sector’s performance and industry trends provide a backdrop for the company’s current valuation and market position.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Betex India Ltd.	BETXIND	73.5	12.97	1.81	8.7	9.45
Kamadgiri Fashion Ltd.	KAMADGIRI	72.11	24.55	1.93	-17.39	0.12
Divyadhan Recycling Industries Ltd.	DIVYADHAN-ST	76.9	45.13	2.2	3.98	7.57
Lakhotia Polyesters (India) Ltd.	LAKHOTIA	61.17	33.08	3.37	-6.22	-1.35
Jattashankar Industries Ltd.	JATTAINDUS	182.06	177.45	9.35	4.17	6.44

Paras Petrofils Ltd. (PARASPETRO) has a P/E ratio of 12.97x compared with the displayed peer median of 33.08x. 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 73.19 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

In comparison to its peers, Paras Petrofils Ltd. exhibits a competitive position. The company’s P/E ratio of 12.97 is on par with Betex India Ltd. and below Kamadgiri Fashion Ltd. and Divyadhan Recycling Industries Ltd. The P/B ratio of 4.4 is higher than most peers, indicating a premium valuation. The ROE of 4.56% is competitive, surpassing Kamadgiri Fashion Ltd. and Lakhotia Polyesters (India) Ltd. The ROCE of 3.89% is below the industry average, suggesting room for improvement in capital efficiency.

Why Investors Are Watching Paras Petrofils Ltd.

Investors are closely monitoring Paras Petrofils Ltd. due to its recent price action and market performance. The company’s share price rise of 9.59% today has drawn significant attention.

• Price Action: Surged 9.59% today, reaching Rs 2.4.
• Technical Position: RSI at 49.68, indicating neutral momentum.
• Fundamental Context: P/E ratio of 12.97, below industry median.
• Sector Positioning: Operates in Textile – Manmade Fibres industry.

Investors should continue to monitor Paras Petrofils Ltd. for any further developments in its price action, technical indicators, and fundamental metrics. The company’s performance within the sector and industry trends will also be key factors to watch.

About Paras Petrofils Ltd.

Paras Petrofils Ltd. is a company operating 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. With a focus on innovation and quality, Paras Petrofils Ltd. aims to provide high-performance textile solutions to its clients. The company’s operations are supported by a dedicated team and advanced manufacturing facilities, ensuring efficient production processes and timely delivery of products.

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 the live share price of Paras Petrofils Ltd. on Univest, along with technical indicators, fundamental ratios, and shareholding patterns. Univest provides comprehensive market insights, including 52-week levels and sector performance, to help investors make informed decisions. Stay updated with the latest developments and market trends by following Paras Petrofils Ltd. 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 2.4, reflecting a 9.59% increase from the previous close of Rs 2.19. The stock moved 9.59% during the session. The intraday range extended from Rs 2.22 to Rs 2.4.

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

Ans. Paras Petrofils Ltd. share price increased by 9.59% today, reaching a current price of Rs 2.4. The stock moved 9.59% during the session. The intraday range extended from Rs 2.22 to Rs 2.4.

What is the market capitalisation of Paras Petrofils Ltd.?

Ans. The market capitalisation of Paras Petrofils Ltd. is Rs 73.19 crore, categorising it as a Micro Cap company. The company operates in the Textile sector. Its P/E ratio is 12.97x.

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

Ans. The P/E ratio of Paras Petrofils Ltd. is 12.97, which is below the industry median of 19.09. The company trades at a P/E ratio of 12.97x. Its P/B ratio is 4.4x.

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

Ans. The P/B ratio of Paras Petrofils Ltd. is 4.4, significantly above the industry median of 1.98. The company trades at a P/E ratio of 12.97x. Its P/B ratio is 4.4x.

What is the ROE of Paras Petrofils Ltd.?

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

What is the ROCE of Paras Petrofils Ltd.?

Ans. The ROCE of Paras Petrofils Ltd. is 3.89%, below the industry median of 7.01%. ROE stands at 4.56%. ROCE stands at 3.89%. The relevant peer median ROE is 3.07%. The relevant peer median ROCE is 7.01%.

What sector does Paras Petrofils Ltd. operate in?

Ans. Paras Petrofils Ltd. operates in the Textile sector, specifically in the Textile – Manmade Fibres industry. 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 a competitive P/E ratio of 12.97 and an ROE of 4.56%, surpassing some peers in the Textile – Manmade Fibres industry. Comparable listed companies include Betex India Ltd., Kamadgiri Fashion Ltd., Divyadhan Recycling Industries Ltd.