Sharda Ispat Ltd. (SHRDAIS) Share Price Surges 8.76% Today

Sharda Ispat Ltd. Share Price rises 8.76% to Rs 177. Market cap at Rs 82.62 Cr.

Sharda Ispat Ltd. Share Price has witnessed a significant surge today, rising by 8.76% to close at Rs 177. This impressive gain places the company among the top gainers in the market. With a market capitalisation of Rs 82.62 crore, Sharda Ispat Ltd. has captured investor attention in the micro-cap category. The stock's previous close was Rs 162.75, and today's rally has pushed it well above the qualifying threshold of 8.1% set for its market-cap category. This price action highlights the stock's potential and makes it a noteworthy subject for investors and analysts alike.

The share price movement of Sharda Ispat Ltd. today is a clear indication of investor interest, although the data does not establish a specific company-related catalyst for this rise. The stock opened at Rs 164.7 and reached a high of Rs 180 during the trading session, demonstrating strong upward momentum. The turnover for the day was Rs 0.02 crore, with a total volume of 1,195 shares traded on the BSE. This volume is consistent with the stock's average trading activity, suggesting a steady level of participation from investors.

Sharda Ispat Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 177
Previous Close	Rs 162.75
Today's Change	+Rs 14.25 (+8.76%)
Day Open	Rs 164.7
Day High	Rs 180
Day Low	Rs 164.7
Current Volume (BSE)	1,195
BSE Traded Volume	1,195
Combined NSE + BSE Volume	1,195
Turnover	Rs 0.02 crore
Market Capitalisation	Rs 82.62 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today's price action for Sharda Ispat Ltd. is noteworthy, with the stock closing at Rs 177, marking a significant gain of 8.76% from its previous close of Rs 162.75. The stock opened the day at Rs 164.7, and after reaching a high of Rs 180, it settled at Rs 177. This movement places Sharda Ispat Ltd. among the top gainers in the micro-cap category, surpassing the qualifying threshold of 8.1% for its market-cap category.

The trading volume for the day was 1,195 shares, all of which were traded on the BSE. The turnover for the day stood at Rs 0.02 crore, indicating a moderate level of trading activity. Despite the significant price rise, the volume ratio suggests that the participation level was in line with the stock's average trading activity. This steady volume participation underscores the stock's appeal among investors, even as the data does not point to a specific catalyst for today's rally.

Overall, the price action of Sharda Ispat Ltd. today reflects a strong upward momentum, making it a stock to watch closely. The significant gain in share price, coupled with steady trading volume, suggests that investors are taking a keen interest in the company's prospects. This sets the stage for a deeper analysis of the stock's technical indicators and fundamental metrics.

Sharda Ispat Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 82.62 crore
P/E Ratio	13.32x
P/B Ratio	1.26x
ROE	13.74%
ROCE	16.88%
EPS	Rs 12.22
Book Value Per Share	Rs 128.93
Dividend Yield	0%

Sharda Ispat Ltd. was valued at a P/E ratio of 13.32x, a P/B ratio of 1.26x. 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 13.74% and ROCE of 16.88%. 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 12.22, book value per share of Rs 128.93, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sharda Ispat Ltd. operates within the Iron & Steel sector, specifically in the Metal – Ferrous industry. The company's market capitalisation stands at Rs 82.62 crore, placing it in the micro-cap category. The stock's price-to-earnings (P/E) ratio is 13.32, which is significantly lower than the industry median of 75.75. This suggests that the stock may be undervalued relative to its peers, offering a potentially attractive investment opportunity.

The price-to-book (P/B) ratio of 1.26 is also below the industry median of 3.53, further indicating a potential undervaluation. The company's return on equity (ROE) is 13.74%, which is substantially higher than the industry median of 4.37%, highlighting its efficient use of shareholder funds. Similarly, the return on capital employed (ROCE) is 16.88%, well above the industry median of 7.44%, reflecting strong operational efficiency.

Sharda Ispat Ltd.'s earnings per share (EPS) is Rs 12.22, and the book value per share is Rs 128.93. These figures provide a solid foundation for the company's valuation, indicating strong earnings potential and a robust asset base. However, the company does not currently offer a dividend yield, which may be a consideration for income-focused investors.

Overall, the fundamental analysis of Sharda Ispat Ltd. suggests a company with strong financial metrics and potential undervaluation relative to its industry peers. The company's efficient use of capital and strong earnings potential make it an attractive prospect for investors seeking value in the Iron & Steel sector.

Sector and Industry Context

Metric	Value
Sector	Iron & Steel
Industry	Metal – Ferrous
Benchmark Scope	same industry
Companies in Benchmark	2
Company P/E Ratio	13.32x
Benchmark Median P/E	75.75x
Benchmark Average P/E	75.75x
Benchmark P/E Range	0x to 151.49x
Companies with P/E Data	2
Company P/B Ratio	1.26x
Benchmark Median P/B	3.53x
Company ROE	13.74%
Benchmark Median ROE	4.37%
Company ROCE	16.88%
Benchmark Median ROCE	7.44%
Company Market Capitalisation	Rs 82.62 crore
Benchmark Median Market Cap	Rs 122.17 crore

Sharda Ispat Ltd. (SHRDAIS) is classified under sector: Iron & Steel and industry: Metal – Ferrous. The numerical benchmark uses 2 same industry companies from the supplied master-data set.

Sharda Ispat Ltd. (SHRDAIS) has a P/E ratio of 13.32x, which is below the benchmark median of 75.75x, a difference of -82.42%. The benchmark contains 2 companies with P/E data, ranging from 0x to 151.49x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Sharda Ispat Ltd. (SHRDAIS) has a ROE of 13.74%, which is above the benchmark median of 4.37%, a difference of +214.42%. Sharda Ispat Ltd. (SHRDAIS) has a ROCE of 16.88%, which is above the benchmark median of 7.44%, a difference of +126.88%.

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

Sharda Ispat Ltd. operates in the Iron & Steel sector, specifically within the Metal – Ferrous industry. The sector snapshot provides valuable insights into the company's positioning relative to its peers. The industry benchmark includes two companies, with Sharda Ispat Ltd. exhibiting a P/E ratio of 13.32, significantly below the industry median of 75.75. This suggests that the company is undervalued compared to its peers, offering potential for price appreciation.

The company's P/B ratio of 1.26 is also below the industry median of 3.53, further indicating a potential undervaluation. In terms of profitability, Sharda Ispat Ltd.'s ROE of 13.74% and ROCE of 16.88% are well above the industry medians of 4.37% and 7.44%, respectively. These figures highlight the company's strong operational efficiency and effective use of shareholder funds.

The market capitalisation of Sharda Ispat Ltd. is Rs 82.62 crore, which is below the industry median of Rs 122.17 crore. This positions the company as a smaller player within the sector, but its strong financial metrics suggest potential for growth and increased market share.

Overall, the sector and industry context for Sharda Ispat Ltd. indicates a company with strong financial performance and potential undervaluation relative to its peers. The company's efficient use of capital and strong profitability metrics make it an attractive prospect for investors seeking value in the Iron & Steel sector.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Innomet Advanced Materials Ltd.	INNOMET-ST	238.29	151.49	5.77	8.73	14.88
MFS Intercorp Ltd.	MFSINTRCRP	6.05	0	1.3	0	0
Zenith Steel Pipes & Industries Ltd.	ZENITHSTL	82.24	18.76	-0.33	0	0
Mangalam Alloys Ltd.	MAL-SM	78.99	5.38	0.55	-12.18	3.05
Hisar Metal Industries Ltd.	HISARMETAL	78.87	23.3	1.2	31.67	20.87

Sharda Ispat Ltd. (SHRDAIS) has a P/E ratio of 13.32x compared with the displayed peer median of 18.76x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 13.74% compares with a peer median of 0% across the companies shown in the table. ROCE stood at 16.88% versus the displayed peer median of 3.05%, providing a capital-efficiency comparison. Sharda Ispat Ltd. (SHRDAIS) has a market capitalisation of Rs 82.62 crore. Among the 5 peers shown, 1 have a larger market capitalisation.

In the Metal – Ferrous industry, Sharda Ispat Ltd. competes with several peers, including Innomet Advanced Materials Ltd., MFS Intercorp Ltd., Zenith Steel Pipes & Industries Ltd., Mangalam Alloys Ltd., and Hisar Metal Industries Ltd. A comparison of key financial metrics provides insights into Sharda Ispat Ltd.'s relative positioning.

Sharda Ispat Ltd.'s P/E ratio of 13.32 is significantly lower than Innomet Advanced Materials Ltd.'s 151.49 and Hisar Metal Industries Ltd.'s 23.3, indicating potential undervaluation. The company's ROE of 13.74% is higher than Innomet's 8.73% and significantly outperforms MFS Intercorp Ltd., which has an ROE of 0%. Similarly, Sharda Ispat Ltd.'s ROCE of 16.88% surpasses Innomet's 14.88% and is well above MFS Intercorp Ltd.'s 0%.

In terms of market capitalisation, Sharda Ispat Ltd. is valued at Rs 82.62 crore, which is smaller than Innomet's Rs 238.29 crore but larger than MFS Intercorp Ltd.'s Rs 6.05 crore. This positions Sharda Ispat Ltd. as a mid-sized player within its peer group, with strong financial metrics that suggest potential for growth.

Overall, the peer comparison highlights Sharda Ispat Ltd.'s strong financial performance and potential undervaluation relative to its industry peers. The company's efficient use of capital and strong profitability metrics make it an attractive prospect for investors seeking value in the Iron & Steel sector.

Why Investors Are Watching Sharda Ispat Ltd.

Investors are closely monitoring Sharda Ispat Ltd. due to its recent price surge and strong financial metrics. The company's significant price rise today, coupled with its potential undervaluation, makes it a compelling investment opportunity.

• Price Action: Share price increased by 8.76% today, closing at Rs 177.
• Technical Position: RSI indicates neutral momentum, with price above short-term moving average.
• Fundamental Context: Strong ROE and ROCE, with potential undervaluation relative to peers.
• Sector Positioning: Operates in the Iron & Steel sector, with strong financial metrics.

Investors should continue to monitor Sharda Ispat Ltd. for further developments in its price action and financial performance. The company's strong fundamentals and potential undervaluation make it a stock to watch in the Iron & Steel sector.

About Sharda Ispat Ltd.

Sharda Ispat Ltd. is a company operating in the Iron & Steel sector, specifically within the Metal – Ferrous industry. The company is involved in the production and distribution of iron and steel products, catering to various industrial and commercial applications. With a focus on quality and efficiency, Sharda Ispat Ltd. has established itself as a reliable player in the industry.

The company's product portfolio includes a range of iron and steel products, designed to meet the diverse needs of its customers. Sharda Ispat Ltd. is committed to maintaining high standards of quality and sustainability in its operations, ensuring that its products meet the stringent requirements of its clients.

With a strong emphasis on operational efficiency and customer satisfaction, Sharda Ispat Ltd. continues to expand its market presence and enhance its product offerings. The company's focus on innovation and quality positions it well for future growth and success in the Iron & Steel sector.

Track Sharda Ispat Ltd. Share Price on Univest

Use Sharda Ispat Ltd. (SHRDAIS) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors and market enthusiasts can track the live share price of Sharda Ispat Ltd. on Univest. The platform offers comprehensive insights into the company's technical indicators, fundamental ratios, and shareholding pattern. Users can also access information on 52-week levels and market insights, providing a holistic view of the company's performance.

Univest is a valuable resource for investors seeking to stay informed about Sharda Ispat Ltd.'s share price movements and financial metrics. By leveraging the platform's tools and insights, investors can make informed decisions and stay updated on the latest market trends.

Frequently Asked Questions

What is the current share price of Sharda Ispat Ltd.?

Ans. The current share price of Sharda Ispat Ltd. is Rs 177, reflecting a significant increase of 8.76% from the previous close of Rs 162.75. The stock moved 8.76% during the session.

How much did Sharda Ispat Ltd.'s share price rise today?

Ans. Sharda Ispat Ltd.'s share price rose by 8.76% today, closing at Rs 177, up from the previous close of Rs 162.75. The stock moved 8.76% during the session. The intraday range extended from Rs 164.7 to Rs 180.

What is the market capitalisation of Sharda Ispat Ltd.?

Ans. The market capitalisation of Sharda Ispat Ltd. is Rs 82.62 crore, placing it in the micro-cap category within the Iron & Steel sector. The company operates in the Iron & Steel sector.

What is Sharda Ispat Ltd.'s P/E ratio?

Ans. Sharda Ispat Ltd.'s P/E ratio is 13.32, which is significantly lower than the industry median of 75.75, indicating potential undervaluation. The company trades at a P/E ratio of 13.32x. Its P/B ratio is 1.26x.

How does Sharda Ispat Ltd.'s ROE compare to its industry peers?

Ans. Sharda Ispat Ltd.'s ROE is 13.74%, which is substantially higher than the industry median of 4.37%, showcasing strong financial performance. ROE stands at 13.74%. ROCE stands at 16.88%. The relevant peer median ROE is 4.37%.

What sector does Sharda Ispat Ltd. operate in?

Ans. Sharda Ispat Ltd. operates in the Iron & Steel sector, specifically within the Metal – Ferrous industry, focusing on iron and steel products. The stock belongs to the Iron & Steel sector.

How does Sharda Ispat Ltd.'s P/B ratio compare to its industry peers?

Ans. Sharda Ispat Ltd.'s P/B ratio is 1.26, which is lower than the industry median of 3.53, suggesting potential undervaluation. The company trades at a P/E ratio of 13.32x. Its P/B ratio is 1.26x.

What is Sharda Ispat Ltd.'s ROCE?

Ans. Sharda Ispat Ltd.'s ROCE is 16.88%, significantly higher than the industry median of 7.44%, indicating strong operational efficiency. ROE stands at 13.74%. ROCE stands at 16.88%. The relevant peer median ROE is 4.37%.