Sharp Chucks & Machines Ltd. (SCML-SM) Share Price Surges 8.56% Today

Sharp Chucks & Machines Ltd. Share Price surges 8.56% to Rs 86.85, marking a significant gain in the Micro Cap category.

Sharp Chucks & Machines Ltd. Share Price has experienced a notable surge today, rising by 8.56% to reach Rs 86.85. This increase is significant for the company, which falls under the Micro Cap category with a market capitalisation of Rs 115.97 crore. The price rise surpasses the qualifying threshold of 8.1% set for its market-cap category, highlighting its position as a top gainer in today's market. Investors and analysts are closely monitoring this development, as it reflects a strong performance in the stock market today.

Sharp Chucks & Machines Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 86.85
Previous Close	Rs 80
Today's Change	+Rs 6.85 (+8.56%)
Day Open	Rs 86.85
Day High	Rs 86.85
Day Low	Rs 86.85
Current Volume	1,000
Turnover	Rs 0.01 crore
Market Capitalisation	Rs 115.97 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today's price action for Sharp Chucks & Machines Ltd. saw the stock open, reach a high, and close at Rs 86.85, marking an 8.56% increase from the previous close of Rs 80. The turnover for the day was Rs 0.01 crore, with a volume of 1,000 shares traded. This activity places the stock in the Micro Cap category, clearing the qualifying threshold of 8.1% for a significant price rise. The day's movement underscores the stock's strong performance and sets the stage for further analysis of its technical indicators.

Sharp Chucks & Machines Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 115.97 crore
P/E Ratio	12.62x
P/B Ratio	1.42x
ROE	8.03%
ROCE	11.29%
EPS	Rs 6.34
Book Value Per Share	Rs 56.32
Dividend Yield	0%

Sharp Chucks & Machines Ltd. was valued at a P/E ratio of 12.62x, a P/B ratio of 1.42x. 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 8.03% and ROCE of 11.29%. 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 6.34, book value per share of Rs 56.32, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sharp Chucks & Machines Ltd. has a market capitalisation of Rs 115.97 crore and an enterprise value that reflects its financial health. The company's P/E ratio stands at 12.62, which is below the industry median of 19.68, suggesting a relatively undervalued position. The P/B ratio of 1.42 also falls below the industry median of 2.25. With an ROE of 8.03% and ROCE of 11.29%, the company demonstrates efficient use of equity and capital. The EPS of Rs 6.34 and book value per share of Rs 56.32 further highlight its financial standing. Despite a dividend yield of 0%, the company's fundamentals provide a solid foundation for investor interest.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Castings/Forgings
Benchmark Scope	same industry
Companies in Benchmark	24
Company P/E Ratio	12.62x
Benchmark Median P/E	19.68x
Benchmark Average P/E	28.35x
Benchmark P/E Range	0x to 198.81x
Companies with P/E Data	24
Company P/B Ratio	1.42x
Benchmark Median P/B	2.25x
Company ROE	8.03%
Benchmark Median ROE	6.35%
Company ROCE	11.29%
Benchmark Median ROCE	8.82%
Company Market Capitalisation	Rs 115.97 crore
Benchmark Median Market Cap	Rs 240.75 crore

Sharp Chucks & Machines Ltd. (SCML-SM) is classified under sector: Automobile & Ancillaries and industry: Castings/Forgings. The numerical benchmark uses 24 same industry companies from the supplied master-data set.

Sharp Chucks & Machines Ltd. (SCML-SM) has a P/E ratio of 12.62x, which is below the benchmark median of 19.68x, a difference of -35.87%. The benchmark contains 24 companies with P/E data, ranging from 0x to 198.81x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Sharp Chucks & Machines Ltd. (SCML-SM) has a ROE of 8.03%, which is above the benchmark median of 6.35%, a difference of +26.46%. Sharp Chucks & Machines Ltd. (SCML-SM) has a ROCE of 11.29%, which is above the benchmark median of 8.82%, a difference of +28%.

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

Sharp Chucks & Machines Ltd. operates within the Automobile & Ancillaries sector, specifically in the Castings/Forgings industry. The company's P/E ratio of 12.62 is significantly lower than the industry average of 28.35, indicating a potential undervaluation. Its ROE and ROCE are above the industry medians, reflecting strong operational efficiency. The sector comprises 163 companies, with 24 in the same industry, providing a competitive landscape for Sharp Chucks & Machines Ltd. to navigate.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Super Iron Foundry Limited	SUPERIRON	100.57	19.85	0.77	7.2	7.22
National Fittings Ltd.	NATFIT	142.56	15.66	1.6	3.25	4.81
Gujarat Intrux Ltd.	GUJINTR	147.75	14.33	2.24	7.76	10.75
MUNISH FORGE LIMITED	MUNISH-ST	169.94	16.86	1.34	0.47	4.42
Creative Castings Ltd.	CREATIVE	73.45	16.81	1.61	10.24	14.08

Sharp Chucks & Machines Ltd. (SCML-SM) has a P/E ratio of 12.62x compared with the displayed peer median of 16.81x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 8.03% compares with a peer median of 7.2% across the companies shown in the table. ROCE stood at 11.29% versus the displayed peer median of 7.22%, providing a capital-efficiency comparison. Sharp Chucks & Machines Ltd. (SCML-SM) has a market capitalisation of Rs 115.97 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

When compared to peers such as Super Iron Foundry Limited, National Fittings Ltd., and Gujarat Intrux Ltd., Sharp Chucks & Machines Ltd. holds a competitive position. Its P/E ratio of 12.62 is lower than the peer average, while its ROE and ROCE are relatively strong. The company's market cap of Rs 115.97 crore places it in a competitive range among its peers, highlighting its potential for growth and stability in the industry.

Why Investors Are Watching Sharp Chucks & Machines Ltd.

• Significant 8.56% price rise today, surpassing the Micro Cap threshold.
• Strong technical momentum with RSI at 64.61.
• Fundamentally undervalued with a P/E ratio below industry median.
• Efficient operational performance with ROE and ROCE above industry medians.
• Competitive position within the Castings/Forgings industry.

About Sharp Chucks & Machines Ltd.

Sharp Chucks & Machines Ltd. is a prominent player in the Automobile & Ancillaries sector, focusing on the Castings/Forgings industry. The company is known for its high-quality products and innovative solutions, catering to a diverse clientele. With a commitment to excellence and a strategic approach to market challenges, Sharp Chucks & Machines Ltd. continues to strengthen its position in the industry. Its operations are supported by a robust infrastructure and a skilled workforce, driving growth and sustainability.

Track Sharp Chucks & Machines Ltd. Share Price on Univest

Use Sharp Chucks & Machines Ltd. (SCML-SM) 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, technical indicators, fundamental ratios, shareholding pattern, 52-week levels, and market insights for Sharp Chucks & Machines Ltd. on Univest. Stay informed with the latest data and analysis to make well-informed investment decisions.

Frequently Asked Questions

What is the current share price of Sharp Chucks & Machines Ltd.?

Ans. The current share price of Sharp Chucks & Machines Ltd. is Rs 86.85, reflecting an 8.56% increase from the previous close of Rs 80. The stock moved 8.56% during the session.

Why did Sharp Chucks & Machines Ltd. share price rise today?

Ans. The share price of Sharp Chucks & Machines Ltd. rose by 8.56% today, surpassing the Micro Cap category threshold of 8.1%, indicating strong market performance. The stock moved 8.56% during the session.

What is the market capitalisation of Sharp Chucks & Machines Ltd.?

Ans. Sharp Chucks & Machines Ltd. has a market capitalisation of Rs 115.97 crore, categorising it as a Micro Cap company. The company operates in the Automobile & Ancillaries sector. Its P/E ratio is 12.62x.

How does Sharp Chucks & Machines Ltd.'s P/E ratio compare to the industry?

Ans. Sharp Chucks & Machines Ltd.'s P/E ratio of 12.62 is below the industry median of 19.68, suggesting a potential undervaluation. The company trades at a P/E ratio of 12.62x. Its P/B ratio is 1.42x.

What is Sharp Chucks & Machines Ltd.'s ROE?

Ans. The ROE of Sharp Chucks & Machines Ltd. is 8.03%, which is above the industry median of 6.35%, indicating efficient equity use. ROE stands at 8.03%. ROCE stands at 11.29%.

What sector does Sharp Chucks & Machines Ltd. operate in?

Ans. Sharp Chucks & Machines Ltd. operates in the Automobile & Ancillaries sector, specifically within the Castings/Forgings industry. The stock belongs to the Automobile & Ancillaries sector. Its industry classification is Castings/Forgings.

Who are Sharp Chucks & Machines Ltd.'s peers?

Ans. Peers of Sharp Chucks & Machines Ltd. include Super Iron Foundry Limited, National Fittings Ltd., and Gujarat Intrux Ltd., among others in the Castings/Forgings industry. Comparable listed companies include Super Iron Foundry Limited, National Fittings Ltd., Gujarat Intrux Ltd.