SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) Share Price Rises 12.23% Today

SHREEDHAR SPINNERS LTD Share Price rises 12.23% today, reaching Rs 113.8 with a market cap of Rs 217.38 Cr.

SHREEDHAR SPINNERS LTD Share Price has experienced a significant rise of 12.23% today, closing at Rs 113.8. The company's market capitalisation stands at Rs 217.38 crore, categorising it as a Micro Cap. This notable price rise positions SHREEDHAR SPINNERS LTD among the top gainers in its segment, drawing attention from investors and market analysts alike. The increase in share price today reflects a positive sentiment in the market, although the data does not specify a company-specific catalyst for this movement. Investors are keenly observing the stock's performance, given its substantial gain and the potential implications for future trading sessions.

SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 113.8
Previous Close	Rs 101.4
Today's Change	+Rs 12.4 (+12.23%)
Day Open	Rs 106
Day High	Rs 113.95
Day Low	Rs 103.95
Current Volume (NSE)	1,08,000
NSE Traded Volume	1,08,000
Combined NSE + BSE Volume	1,08,000
Turnover	Rs 1.23 crore
Market Capitalisation	Rs 217.38 crore
Market Cap Category	Micro Cap

SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) traded at Rs 113.8. versus the previous close of Rs 101.4, a rise of 12.23%. The stock opened at Rs 106, reached Rs 113.95, touched Rs 103.95. Reported volume was 1,08,000.

SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 217.38 crore
P/E Ratio	35.22x
P/B Ratio	6.12x
ROE	-10.55%
ROCE	0.48%
EPS	Rs 2.88
Dividend Yield	0%

SHREEDHAR SPINNERS LTD was valued at a P/E ratio of 35.22x, a P/B ratio of 6.12x. 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 -10.55% and ROCE of 0.48%. 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 2.88, dividend yield of 0%. 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	35.22x
Benchmark Median P/E	19.5x
Benchmark Average P/E	42.18x
Benchmark P/E Range	1.43x to 329.65x
Company P/B Ratio	6.12x
Benchmark Median P/B	0.72x
Company ROE	-10.55%
Benchmark Median ROE	2.28%
Company ROCE	0.48%
Benchmark Median ROCE	7.53%
Company Market Capitalisation	Rs 217.38 crore
Benchmark Median Market Cap	Rs 47.61 crore

SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) is classified under sector: Textile and industry: Textile – Spinning.

SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) has a P/E ratio of 35.22x, which is above the benchmark median of 19.5x, a difference of +80.62%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) has a ROE of -10.55%, which is below the benchmark median of 2.28%, a difference of -562.72%. SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) has a ROCE of 0.48%, which is below the benchmark median of 7.53%, a difference of -93.63%.

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

Operating within the Textile – Spinning industry, SHREEDHAR SPINNERS LTD is part of a sector that includes 66 companies. The company's P/E ratio of 35.22 is above the industry median but below the average, suggesting it is priced higher than many peers but not excessively so. The P/B ratio of 6.12 is notably higher than both the median and average, indicating a premium valuation. The company's ROE and ROCE are below industry averages, highlighting potential operational inefficiencies. The sector's market cap median is Rs 47.61 crore, with SHREEDHAR SPINNERS LTD's market cap of Rs 217.38 crore placing it above the median but below the average of Rs 206.89 crore. This context underscores the company's position within a competitive and varied industry landscape.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Sumeet Industries Ltd.	SUMEETINDS	1,554.16	62.57	3.85	0	-1.66
Pashupati Cotspin Ltd.	PASHUPATI	1,354.43	130.28	8.25	6.3	8.81
Nahar Spinning Mills Ltd.	NAHARSPING	1,124.7	51.55	0.74	4.82	6.62
GHCL Textiles Ltd.	GHCLTEXTIL	1,095.41	11.39	0.71	-32.82	-32.82
Ambika Cotton Mills Ltd.	AMBIKCO	1,018.88	14.24	1.07	12.69	17.06

SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) has a P/E ratio of 35.22x compared with the displayed peer median of 51.55x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -10.55% compares with a peer median of 4.82% across the companies shown in the table. ROCE stood at 0.48% versus the displayed peer median of 6.62%, providing a capital-efficiency comparison. SHREEDHAR SPINNERS LTD (SHREEDHAR-SM) has a market capitalisation of Rs 217.38 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, SHREEDHAR SPINNERS LTD's P/E ratio of 35.22 is lower than Sumeet Industries Ltd. (62.57) and Pashupati Cotspin Ltd. (130.28), but higher than GHCL Textiles Ltd. (11.39). Its P/B ratio of 6.12 is higher than most peers, indicating a higher valuation relative to book value. The company's ROE of -10.55% is below peers like Ambika Cotton Mills Ltd. (12.69%) and Precot Ltd. (26.83%), reflecting weaker profitability. The ROCE of 0.48% is also lower than peers, suggesting less efficient capital use. These comparisons highlight SHREEDHAR SPINNERS LTD's valuation challenges and profitability issues relative to its industry counterparts.

Why Investors Are Watching SHREEDHAR SPINNERS LTD

Investors are closely monitoring SHREEDHAR SPINNERS LTD due to its recent price action and market positioning.

• Significant 12.23% price rise today, indicating strong market interest.
• Technical indicators suggest potential volatility and trading opportunities.
• Fundamental analysis reveals mixed valuation and profitability metrics.
• Sector analysis shows a competitive landscape with varied performance.

As the market continues to react to these dynamics, investors should keep an eye on SHREEDHAR SPINNERS LTD's future performance and any developments within the Textile sector.

About SHREEDHAR SPINNERS LTD

SHREEDHAR SPINNERS LTD operates in the Textile – Spinning industry, focusing on the production and distribution of spun yarns. The company is part of the broader Textile sector, which encompasses a range of activities from raw material processing to finished textile products. As a player in this industry, SHREEDHAR SPINNERS LTD contributes to the supply chain of textile manufacturing, serving various markets and customers. The company's operations are integral to the textile industry's ecosystem, providing essential materials for further processing and production. Despite challenges in profitability, SHREEDHAR SPINNERS LTD remains a significant entity within its sector, with a focus on maintaining and expanding its market presence.

Track SHREEDHAR SPINNERS LTD Share Price on Univest

Use SHREEDHAR SPINNERS LTD (SHREEDHAR-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 SHREEDHAR SPINNERS LTD Share Price on Univest for live updates on share price movements, technical indicators, and fundamental ratios. Univest provides comprehensive insights into the company's shareholding pattern, 52-week levels, and market trends, offering valuable information for informed investment decisions. Stay updated with the latest market insights and track SHREEDHAR SPINNERS LTD's performance on Univest.

Frequently Asked Questions

What is the current share price of SHREEDHAR SPINNERS LTD?

Ans. The current share price of SHREEDHAR SPINNERS LTD is Rs 113.8, reflecting a 12.23% increase from the previous close of Rs 101.4. The stock moved 12.23% during the session. The intraday range extended from Rs 103.95 to Rs 113.95.

How much did SHREEDHAR SPINNERS LTD's share price rise today?

Ans. SHREEDHAR SPINNERS LTD's share price rose by 12.23% today, marking a significant gain in the market. The stock moved 12.23% during the session. The intraday range extended from Rs 103.95 to Rs 113.95.

What is SHREEDHAR SPINNERS LTD's market capitalisation?

Ans. SHREEDHAR SPINNERS LTD's market capitalisation is Rs 217.38 crore, categorising it as a Micro Cap company. The company operates in the Textile sector. Its P/E ratio is 35.22x. ROE is -10.55% and ROCE is 0.48%.

What is the P/E ratio of SHREEDHAR SPINNERS LTD?

Ans. SHREEDHAR SPINNERS LTD has a P/E ratio of 35.22, which is above the industry median but below the average. The company trades at a P/E ratio of 35.22x. Its P/B ratio is 6.12x.

How does SHREEDHAR SPINNERS LTD's P/B ratio compare to the industry?

Ans. SHREEDHAR SPINNERS LTD's P/B ratio of 6.12 is significantly higher than the industry median of 0.72 and average of 1.49. The company trades at a P/E ratio of 35.22x. Its P/B ratio is 6.12x.

What is SHREEDHAR SPINNERS LTD's ROE?

Ans. SHREEDHAR SPINNERS LTD's ROE is -10.55%, indicating challenges in generating returns on equity. ROE stands at -10.55%. ROCE stands at 0.48%. The relevant peer median ROE is 2.28%. The relevant peer median ROCE is 7.53%.

How does SHREEDHAR SPINNERS LTD's ROCE compare to peers?

Ans. SHREEDHAR SPINNERS LTD's ROCE of 0.48% is lower than peers like Ambika Cotton Mills Ltd. (17.06%) and Precot Ltd. (22.32%). ROE stands at -10.55%. ROCE stands at 0.48%. The relevant peer median ROE is 2.28%.