PARTH ELEC & ENG LTD (PARTH-SM) Share Price Rises 8.32% Today

PARTH ELEC & ENG LTD Share Price rises 8.32% today, reaching Rs 492 with a market cap of Rs 620.8 Cr.

PARTH ELEC & ENG LTD Share Price has recorded a significant rise of 8.32% today, closing at Rs 492. This increase comes with a market capitalisation of Rs 620.8 crore, marking a notable event in the micro-cap category. The stock opened at Rs 479.95 and reached a high of Rs 492, reflecting strong investor interest. The day's turnover stood at Rs 1.18 crore, with a total volume of 24,000 shares traded on the NSE. This price rise places PARTH ELEC & ENG LTD among the top gainers in its sector, highlighting its potential appeal to investors.

PARTH ELEC & ENG LTD (PARTH-SM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 492
Previous Close	Rs 454.2
Today's Change	+Rs 37.8 (+8.32%)
Day Open	Rs 479.95
Day High	Rs 492
Day Low	Rs 460
Current Volume (NSE)	24,000
NSE Traded Volume	24,000
Combined NSE + BSE Volume	24,000
Turnover	Rs 1.18 crore
Market Capitalisation	Rs 620.8 crore
Market Cap Category	Micro Cap

PARTH ELEC & ENG LTD (PARTH-SM) traded at Rs 492. versus the previous close of Rs 454.2, a rise of 8.32%. The stock opened at Rs 479.95, reached Rs 492, touched Rs 460. Reported volume was 24,000.

PARTH ELEC & ENG LTD (PARTH-SM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 620.8 crore
P/E Ratio	43.6x
P/B Ratio	14.03x
ROE	-21.74%
ROCE	-2.85%
EPS	Rs 10.42
Dividend Yield	0%

PARTH ELEC & ENG LTD was valued at a P/E ratio of 43.6x, a P/B ratio of 14.03x. 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 -21.74% and ROCE of -2.85%. 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 10.42, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

PARTH ELEC & ENG LTD, with a market cap of Rs 620.8 crore, operates in the capital goods sector, specifically within the electric equipment industry. The company's P/E ratio stands at 43.6, above the industry median of 29.96, indicating a higher valuation compared to its peers. Its P/B ratio is 14.03, significantly higher than the industry median of 3.15, suggesting a premium valuation. The company's ROE is -21.74, and ROCE is -2.85, both below industry averages, reflecting challenges in profitability and capital efficiency. The EPS is Rs 10.42, with no dividend yield reported, highlighting a focus on reinvestment rather than payouts. These fundamentals provide a mixed picture, with high valuations and low profitability metrics requiring careful consideration by investors.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Industry	Electric Equipment
Benchmark Scope	same industry
Company P/E Ratio	43.6x
Benchmark Median P/E	29.96x
Benchmark Average P/E	45.3x
Benchmark P/E Range	5.1x to 505.31x
Company P/B Ratio	14.03x
Benchmark Median P/B	3.15x
Company ROE	-21.74%
Benchmark Median ROE	5.84%
Company ROCE	-2.85%
Benchmark Median ROCE	9.93%
Company Market Capitalisation	Rs 620.8 crore
Benchmark Median Market Cap	Rs 379.32 crore

PARTH ELEC & ENG LTD (PARTH-SM) is classified under sector: Capital Goods and industry: Electric Equipment.

PARTH ELEC & ENG LTD (PARTH-SM) has a P/E ratio of 43.6x, which is above the benchmark median of 29.96x, a difference of +45.53%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

PARTH ELEC & ENG LTD (PARTH-SM) has a ROE of -21.74%, which is below the benchmark median of 5.84%, a difference of -472.26%. PARTH ELEC & ENG LTD (PARTH-SM) has a ROCE of -2.85%, which is below the benchmark median of 9.93%, a difference of -128.7%.

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

The capital goods sector, particularly the electric equipment industry, comprises 67 companies, with PARTH ELEC & ENG LTD being one of them. The company's P/E ratio of 43.6 is above the industry median of 29.96, indicating a higher valuation. The P/B ratio of 14.03 also exceeds the industry median of 3.15, suggesting a premium valuation. However, the company's ROE of -21.74 and ROCE of -2.85 are below the industry averages, highlighting potential challenges in profitability and efficiency. The sector's market cap ranges from Rs 1.83 crore to Rs 2855.17 crore, with PARTH ELEC & ENG LTD positioned in the lower range, reflecting its micro-cap status. This context provides insight into the company's valuation and performance relative to its peers.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Bharat Bijlee Ltd.	BBL	2,855.17	23.78	1.41	5.3	7.57
Yash Highvoltage Limited	YASHHV	2,610.67	69.92	14.19	33.37	44.9
Rishabh Instruments Ltd.	RISHABH	2,417.14	28.61	3.24	16.13	15.25
Exicom Tele-Systems Ltd.	EXICOM	2,294.82	0	3.41	9.1	12.79
HPL Electric & Power Ltd.	HPL	2,181.07	23.62	2.15	1.33	5.84

PARTH ELEC & ENG LTD (PARTH-SM) has a P/E ratio of 43.6x compared with the displayed peer median of 23.78x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -21.74% compares with a peer median of 9.1% across the companies shown in the table. ROCE stood at -2.85% versus the displayed peer median of 12.79%, providing a capital-efficiency comparison. PARTH ELEC & ENG LTD (PARTH-SM) has a market capitalisation of Rs 620.8 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, PARTH ELEC & ENG LTD's P/E ratio of 43.6 is higher than Bharat Bijlee Ltd.'s 23.78 and HPL Electric & Power Ltd.'s 23.62, but lower than Yash Highvoltage Limited's 69.92. The company's P/B ratio of 14.03 is significantly higher than Bharat Bijlee Ltd.'s 1.41 and HPL Electric & Power Ltd.'s 2.15. Its ROE of -21.74 is notably lower than Yash Highvoltage Limited's 33.37 and Rishabh Instruments Ltd.'s 16.13. The ROCE of -2.85 also lags behind peers like Yash Highvoltage Limited's 44.9 and Rishabh Instruments Ltd.'s 15.25. These comparisons highlight PARTH ELEC & ENG LTD's valuation and profitability challenges relative to its industry peers.

Why Investors Are Watching PARTH ELEC & ENG LTD

Investors are closely monitoring PARTH ELEC & ENG LTD due to its recent price action and market positioning.

• Price Action: The stock rose 8.32% today, reaching Rs 492.
• Technical Position: Active trading volume with significant price movement.
• Fundamental Context: High P/E and P/B ratios with negative ROE and ROCE.
• Sector Positioning: Operates in the capital goods sector with a micro-cap status.

Investors should continue to observe the company's performance, particularly its ability to improve profitability and maintain its valuation in the competitive electric equipment industry.

About PARTH ELEC & ENG LTD

PARTH ELEC & ENG LTD operates within the capital goods sector, focusing on electric equipment. The company is involved in the production and distribution of electrical components and systems, catering to various industrial applications. With a market cap of Rs 620.8 crore, it is classified as a micro-cap company. Despite its small size, PARTH ELEC & ENG LTD plays a role in the broader electric equipment industry, which includes a range of products and services essential for industrial operations. The company's focus on innovation and quality positions it as a potential player in the competitive market landscape.

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Frequently Asked Questions

What is the current share price of PARTH ELEC & ENG LTD?

Ans. The current share price of PARTH ELEC & ENG LTD is Rs 492, reflecting an 8.32% increase from the previous close of Rs 454.2. The stock moved 8.32% during the session.

How much did PARTH ELEC & ENG LTD's share price rise today?

Ans. PARTH ELEC & ENG LTD's share price rose by 8.32% today, closing at Rs 492, up from the previous close of Rs 454.2. The stock moved 8.32% during the session.

What is the market capitalisation of PARTH ELEC & ENG LTD?

Ans. The market capitalisation of PARTH ELEC & ENG LTD is Rs 620.8 crore, categorising it as a micro-cap company in the capital goods sector. The company operates in the Capital Goods sector.

What is the P/E ratio of PARTH ELEC & ENG LTD?

Ans. The P/E ratio of PARTH ELEC & ENG LTD is 43.6, which is higher than the industry median of 29.96, indicating a premium valuation. The company trades at a P/E ratio of 43.6x.

How does PARTH ELEC & ENG LTD's ROE compare to the industry?

Ans. PARTH ELEC & ENG LTD's ROE is -21.74, significantly lower than the industry median of 5.84, highlighting challenges in profitability. ROE stands at -21.74%. ROCE stands at -2.85%. The relevant peer median ROE is 5.84%.

What is the P/B ratio of PARTH ELEC & ENG LTD?

Ans. The P/B ratio of PARTH ELEC & ENG LTD is 14.03, which is considerably higher than the industry median of 3.15, suggesting a premium valuation. The company trades at a P/E ratio of 43.6x.

What sector does PARTH ELEC & ENG LTD operate in?

Ans. PARTH ELEC & ENG LTD operates in the capital goods sector, specifically within the electric equipment industry. The stock belongs to the Capital Goods sector. Its industry classification is Electric Equipment.

How does PARTH ELEC & ENG LTD's ROCE compare to the industry?

Ans. PARTH ELEC & ENG LTD's ROCE is -2.85, which is below the industry median of 9.93, indicating lower capital efficiency. ROE stands at -21.74%. ROCE stands at -2.85%. The relevant peer median ROE is 5.84%.