Shiva Texyarn Ltd. (SHIVATEX) Share Price Rises 15.26% Today

Shiva Texyarn Ltd. Share Price rises 15.26% today to Rs 177.5, with a market cap of Rs 200.86 crore.

Shiva Texyarn Ltd. Share Price has experienced a notable rise today, reaching Rs 177.5, marking a 15.26% increase from the previous close of Rs 154. This significant price movement has propelled the company's market capitalisation to Rs 200.86 crore, categorising it as a Micro Cap stock. The substantial gain positions Shiva Texyarn Ltd. among the top gainers in the textile sector, drawing investor attention and curiosity about the factors contributing to this upward trend. While the data confirms the price rise, it does not establish a specific catalyst for today's rally. Investors and analysts are keenly observing the stock's performance, considering both technical and fundamental aspects to understand the dynamics behind this price action.

Shiva Texyarn Ltd. (SHIVATEX) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 177.5
Previous Close	Rs 154
Today's Change	+Rs 23.5 (+15.26%)
Day Open	Rs 154.75
Day High	Rs 177.5
Day Low	Rs 154.75
Current Volume (BSE)	2,255
BSE Traded Volume	2,255
NSE Traded Volume	23,735
Combined NSE + BSE Volume	25,990
Turnover	Rs 0.04 crore
Market Capitalisation	Rs 200.86 crore
Market Cap Category	Micro Cap

Shiva Texyarn Ltd. (SHIVATEX) traded at Rs 177.5. versus the previous close of Rs 154, a rise of 15.26%. The stock opened at Rs 154.75, reached Rs 177.5, touched Rs 154.75. Reported volume was 2,255.

Shiva Texyarn Ltd. (SHIVATEX) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 200.86 crore
P/E Ratio	19.55x
P/B Ratio	1.37x
ROE	10.46%
ROCE	12.66%
EPS	Rs 7.88
Dividend Yield	0.39%

Shiva Texyarn Ltd. was valued at a P/E ratio of 19.55x, a P/B ratio of 1.37x. 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 10.46% and ROCE of 12.66%. 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 7.88, dividend yield of 0.39%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sector and Industry Context

Metric	Value
Sector	Textile
Industry	Textile – Spinning
Benchmark Scope	same industry
Company P/E Ratio	19.55x
Benchmark Median P/E	19.55x
Benchmark Average P/E	41.63x
Benchmark P/E Range	1.48x to 328.94x
Company P/B Ratio	1.37x
Benchmark Median P/B	0.68x
Company ROE	10.46%
Benchmark Median ROE	2.28%
Company ROCE	12.66%
Benchmark Median ROCE	7.53%
Company Market Capitalisation	Rs 200.86 crore
Benchmark Median Market Cap	Rs 46.7 crore

Shiva Texyarn Ltd. (SHIVATEX) is classified under sector: Textile and industry: Textile – Spinning. The numerical benchmark uses 68 same industry companies from the supplied master-data set.

Shiva Texyarn Ltd. (SHIVATEX) has a P/E ratio of 19.55x, which is equal to the benchmark median of 19.55x, a difference of 0%. The benchmark contains 45 companies with P/E data, ranging from 1.48x to 328.94x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Shiva Texyarn Ltd. (SHIVATEX) has a ROE of 10.46%, which is above the benchmark median of 2.28%, a difference of +358.77%. Shiva Texyarn Ltd. (SHIVATEX) has a ROCE of 12.66%, which is above the benchmark median of 7.53%, a difference of +68.13%.

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

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Nitin Spinners Ltd.	NITINSPIN	3,002.71	16.91	2.04	13.03	10.99
Sumeet Industries Ltd.	SUMEETINDS	1,906.39	66.28	4.72	0	-1.66
Pashupati Cotspin Ltd.	PASHUPATI	1,373.21	132.03	8.36	6.3	8.81
GHCL Textiles Ltd.	GHCLTEXTIL	1,090.44	15.5	0.73	-32.82	-32.82
Precot Ltd.	PRECOT	1,013.4	26.86	2	10.11	10.36

Shiva Texyarn Ltd. (SHIVATEX) has a P/E ratio of 19.55x compared with the displayed peer median of 26.86x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 10.46% compares with a peer median of 6.3% across the companies shown in the table. ROCE stood at 12.66% versus the displayed peer median of 8.81%, providing a capital-efficiency comparison. Shiva Texyarn Ltd. (SHIVATEX) has a market capitalisation of Rs 200.86 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Shiva Texyarn Ltd.

Investors are closely monitoring Shiva Texyarn Ltd. due to its recent price rise and position within the textile sector.

• Price Action: Significant 15.26% rise today.
• Technical Position: Moderate trading volume.
• Fundamental Context: Strong ROE and ROCE.
• Sector Positioning: Competitive within the textile industry.

As the company continues to navigate the market, investors should keep an eye on its financial performance and sector dynamics to gauge future potential.

About Shiva Texyarn Ltd.

Shiva Texyarn Ltd. is a prominent player in the Textile – Spinning industry, focusing on the production and distribution of high-quality yarns. The company operates within the textile sector, catering to a diverse range of clients and markets. With a commitment to innovation and quality, Shiva Texyarn Ltd. has established a strong presence in the industry, leveraging its expertise to deliver value to stakeholders. The company's operations are supported by a robust infrastructure and a skilled workforce, enabling it to maintain competitive advantages and pursue growth opportunities within the sector.

Track Shiva Texyarn Ltd. Share Price on Univest

Use Shiva Texyarn Ltd. (SHIVATEX) 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 Shiva Texyarn Ltd. Share Price, along with technical indicators, fundamental ratios, and market insights on Univest. The platform offers comprehensive data, including shareholding patterns, 52-week levels, and sector analysis, providing valuable resources for informed investment decisions.

Frequently Asked Questions

What is the current share price of Shiva Texyarn Ltd.?

Ans. The current share price of Shiva Texyarn Ltd. is Rs 177.5, reflecting a 15.26% increase from the previous close of Rs 154. The stock moved 15.26% during the session. The intraday range extended from Rs 154.75 to Rs 177.5.

How much did Shiva Texyarn Ltd. share price rise today?

Ans. Shiva Texyarn Ltd. share price rose by 15.26% today, reaching Rs 177.5 from the previous close of Rs 154. The stock moved 15.26% during the session. The intraday range extended from Rs 154.75 to Rs 177.5.

What is the market capitalisation of Shiva Texyarn Ltd.?

Ans. Shiva Texyarn Ltd. has a market capitalisation of Rs 200.86 crore, categorising it as a Micro Cap stock. The company operates in the Textile sector. Its P/E ratio is 19.55x.

What is the P/E ratio of Shiva Texyarn Ltd.?

Ans. The P/E ratio of Shiva Texyarn Ltd. is 19.55, aligning with the industry median but below the average of 41.63. The company trades at a P/E ratio of 19.55x. Its P/B ratio is 1.37x.

How does Shiva Texyarn Ltd.'s ROE compare to the industry?

Ans. Shiva Texyarn Ltd.'s ROE is 10.46%, significantly above the industry median of 2.28%, indicating efficient use of equity. ROE stands at 10.46%. ROCE stands at 12.66%. The relevant peer median ROE is 2.28%.

How does Shiva Texyarn Ltd.'s market cap compare to peers?

Ans. Shiva Texyarn Ltd.'s market cap of Rs 200.86 crore is smaller than many peers, indicating potential for growth. The company operates in the Textile sector. Its P/E ratio is 19.55x.

What industry does Shiva Texyarn Ltd. operate in?

Ans. Shiva Texyarn Ltd. operates in the Textile – Spinning industry, a segment of the broader textile sector. The stock belongs to the Textile sector. Its industry classification is Textile – Spinning.

Where can I track Shiva Texyarn Ltd. share price?

Ans. You can track Shiva Texyarn Ltd. share price on Univest, along with technical indicators, fundamental ratios, and market insights. The stock moved 15.26% during the session. The intraday range extended from Rs 154.75 to Rs 177.5.