Shri Gang Industries & Allied Products Ltd. (SHRIGANG) Share Price Surges 8.33% Today

Shri Gang Industries & Allied Products Ltd. Share Price rises 8.33% to Rs 67.49, with a market cap of Rs 132.32 Cr. Explore today's price action and analysis.

Shri Gang Industries & Allied Products Ltd. Share Price experienced a notable surge today, climbing 8.33% to reach Rs 67.49. This significant price movement places the company's market capitalisation at Rs 132.32 crore. As a micro-cap stock, Shri Gang Industries & Allied Products Ltd. had to surpass a qualifying threshold of 8.1% to be considered a top gainer, which it successfully achieved. This price rise has drawn attention from investors and market analysts alike, prompting a closer examination of the factors contributing to this upward trend.

The stock opened at Rs 65 and reached a high of Rs 68 during the trading session, with a low of Rs 63.55. The total turnover for the day was Rs 0.17 crore, with a volume of 24,799 shares traded on the BSE. This increase in share price has positioned Shri Gang Industries & Allied Products Ltd. as a noteworthy player in the market today, despite the absence of a specific company-related catalyst in the supplied data.

Shri Gang Industries & Allied Products Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 67.49
Previous Close	Rs 62.3
Today's Change	+Rs 5.19 (+8.33%)
Day Open	Rs 65
Day High	Rs 68
Day Low	Rs 63.55
Current Volume (BSE)	24,799
BSE Traded Volume	24,799
Combined NSE + BSE Volume	24,799
Turnover	Rs 0.17 crore
Market Capitalisation	Rs 132.32 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today's trading session saw Shri Gang Industries & Allied Products Ltd. Share Price rise by 8.33%, closing at Rs 67.49. The stock opened at Rs 65 and fluctuated between a high of Rs 68 and a low of Rs 63.55. The previous close was Rs 62.3, marking a significant gain in value. The company's market capitalisation now stands at Rs 132.32 crore, categorising it as a micro-cap stock.

The total volume of shares traded today was 24,799, all on the BSE, resulting in a turnover of Rs 0.17 crore. This volume is noteworthy as it indicates a strong interest in the stock, aligning with its status as a top gainer. The qualifying threshold for micro-cap stocks is set at 8.1%, and Shri Gang Industries & Allied Products Ltd. has exceeded this benchmark, highlighting its impressive performance in today's market.

This price action has captured the attention of investors, who are keen to understand the underlying factors driving this increase. While the supplied data does not pinpoint a specific catalyst, the stock's performance today is a clear indicator of its potential in the market. As we delve deeper into the technical and fundamental aspects, investors can gain further insights into the stock's trajectory.

Shri Gang Industries & Allied Products Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 132.32 crore
P/E Ratio	7.11x
P/B Ratio	2.25x
ROE	0%
ROCE	-12.07%
EPS	Rs 8.76
Book Value Per Share	Rs 27.66
Dividend Yield	0%

Shri Gang Industries & Allied Products Ltd. was valued at a P/E ratio of 7.11x, a P/B ratio of 2.25x. 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 0% and ROCE of -12.07%. 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 8.76, book value per share of Rs 27.66, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

From a fundamental perspective, Shri Gang Industries & Allied Products Ltd. presents a mixed picture. The company's market capitalisation is Rs 132.32 crore, placing it in the micro-cap category. The price-to-earnings (P/E) ratio stands at 7.11, which is significantly lower than the industry median of 18.17, indicating a potentially undervalued stock relative to its peers.

The price-to-book (P/B) ratio is 2.25, slightly above the industry median of 1.88, suggesting that the stock is priced at a premium relative to its book value. The return on equity (ROE) is 0, which is below the industry median of 6.23, indicating that the company is not generating returns on shareholder equity.

The return on capital employed (ROCE) is -12.07, significantly lower than the industry median of 11.8, highlighting challenges in generating returns on capital. The earnings per share (EPS) is Rs 8.76, and the book value per share is Rs 27.66. The company does not currently offer a dividend yield.

These fundamental metrics suggest that while the stock may be undervalued based on its P/E ratio, its profitability and return metrics are areas of concern. Investors should weigh these factors carefully when considering the stock's potential.

Sector and Industry Context

Metric	Value
Sector	Alcohol
Industry	Breweries & Distilleries
Benchmark Scope	same industry
Companies in Benchmark	14
Company P/E Ratio	7.11x
Benchmark Median P/E	18.17x
Benchmark Average P/E	51.51x
Benchmark P/E Range	0x to 352.94x
Companies with P/E Data	14
Company P/B Ratio	2.25x
Benchmark Median P/B	1.88x
Company ROE	0%
Benchmark Median ROE	6.23%
Company ROCE	-12.07%
Benchmark Median ROCE	11.8%
Company Market Capitalisation	Rs 132.32 crore
Benchmark Median Market Cap	Rs 759.68 crore

Shri Gang Industries & Allied Products Ltd. (SHRIGANG) is classified under sector: Alcohol and industry: Breweries & Distilleries. The numerical benchmark uses 14 same industry companies from the supplied master-data set.

Shri Gang Industries & Allied Products Ltd. (SHRIGANG) has a P/E ratio of 7.11x, which is below the benchmark median of 18.17x, a difference of -60.87%. The benchmark contains 14 companies with P/E data, ranging from 0x to 352.94x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Shri Gang Industries & Allied Products Ltd. (SHRIGANG) has a ROE of 0%, which is below the benchmark median of 6.23%, a difference of -100%. Shri Gang Industries & Allied Products Ltd. (SHRIGANG) has a ROCE of -12.07%, which is below the benchmark median of 11.8%, a difference of -202.29%.

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

Shri Gang Industries & Allied Products Ltd. operates within the Alcohol sector, specifically in the Breweries & Distilleries industry. The sector snapshot provides valuable insights into the company's positioning relative to its peers. The company's P/E ratio of 7.11 is significantly lower than the industry median of 18.17, suggesting potential undervaluation.

In terms of price-to-book ratio, the company stands at 2.25, which is above the industry median of 1.88, indicating a premium valuation relative to its book value. The return on equity (ROE) is 0, falling short of the industry median of 6.23, while the return on capital employed (ROCE) is -12.07, well below the industry median of 11.8.

The sector comprises 14 companies, with a median market capitalisation of Rs 759.68 crore. Shri Gang Industries & Allied Products Ltd.'s market cap of Rs 132.32 crore places it on the lower end of the spectrum, highlighting its micro-cap status within the industry.

Overall, the sector analysis reveals that while the company may be undervalued based on its P/E ratio, its profitability metrics are areas of concern. Investors should consider these factors when evaluating the company's potential within the industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Aurangabad Distillery Ltd.	ALCODIS-SM	72.78	8.12	0.76	7.86	11.2
Ravi Kumar Distilleries Ltd.	RKDL	48	352.94	1.14	-11.73	-7.8
Jagatjit Industries Ltd.	JAGAJITIND	598.82	60.55	9.5	4.43	12.4
IFB Agro Industries Ltd.	IFBAGRO-BE	920.55	16.3	1.37	12.38	15.24
Gulshan Polyols Ltd.	GULPOLY	1,216.54	28.53	1.9	18.22	25.34

Shri Gang Industries & Allied Products Ltd. (SHRIGANG) has a P/E ratio of 7.11x compared with the displayed peer median of 28.53x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0% compares with a peer median of 7.86% across the companies shown in the table. ROCE stood at -12.07% versus the displayed peer median of 12.4%, providing a capital-efficiency comparison. Shri Gang Industries & Allied Products Ltd. (SHRIGANG) has a market capitalisation of Rs 132.32 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

When comparing Shri Gang Industries & Allied Products Ltd. to its peers, several key differences emerge. The company's P/E ratio of 7.11 is lower than most peers, such as Jagatjit Industries Ltd. with a P/E of 60.55 and IFB Agro Industries Ltd. with a P/E of 16.3. This suggests potential undervaluation.

In terms of market capitalisation, Shri Gang Industries & Allied Products Ltd. is smaller than peers like IFB Agro Industries Ltd. with a market cap of Rs 920.55 crore and Gulshan Polyols Ltd. with Rs 1216.54 crore. The company's ROE of 0 is lower than peers like Aurangabad Distillery Ltd. with 7.86% and IFB Agro Industries Ltd. with 12.38%.

These comparisons highlight the company's potential undervaluation but also underscore its challenges in profitability and market positioning. Investors should consider these factors when assessing the company's prospects.

Why Investors Are Watching Shri Gang Industries & Allied Products Ltd.

Investors are closely monitoring Shri Gang Industries & Allied Products Ltd. due to its recent price surge and potential undervaluation. The company's performance today has sparked interest, prompting a deeper analysis of its fundamentals and sector positioning.

• Price Action: 8.33% rise to Rs 67.49.
• Technical Position: Neutral RSI at 56.58.
• Fundamental Context: Low P/E ratio of 7.11.
• Sector Positioning: Micro-cap within the Alcohol sector.

Investors should continue to monitor the company's performance, particularly its profitability metrics and market positioning, to make informed investment decisions.

About Shri Gang Industries & Allied Products Ltd.

Shri Gang Industries & Allied Products Ltd. operates in the Breweries & Distilleries industry within the Alcohol sector. The company is involved in the production and distribution of alcoholic beverages, catering to a diverse market. With a focus on quality and innovation, the company aims to capture a significant share of the market.

The company's operations are supported by a robust infrastructure and a commitment to sustainable practices. As a micro-cap company, Shri Gang Industries & Allied Products Ltd. is positioned to leverage its niche market presence to drive growth and profitability.

Despite challenges in profitability, the company continues to explore opportunities for expansion and diversification within the industry. Investors should consider the company's strategic initiatives and market positioning when evaluating its potential.

Track Shri Gang Industries & Allied Products Ltd. Share Price on Univest

Use Shri Gang Industries & Allied Products Ltd. (SHRIGANG) 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 Shri Gang Industries & Allied Products Ltd. Share Price on Univest for real-time updates and insights. Univest provides comprehensive data on technical indicators, fundamental ratios, shareholding patterns, and market trends. Stay informed with the latest developments and make data-driven investment decisions.

Frequently Asked Questions

What is the current share price of Shri Gang Industries & Allied Products Ltd.?

Ans. The current share price of Shri Gang Industries & Allied Products Ltd. is Rs 67.49, reflecting an 8.33% increase from the previous close of Rs 62.3. The stock moved 8.33% during the session.

How much did Shri Gang Industries & Allied Products Ltd. share price rise today?

Ans. The share price of Shri Gang Industries & Allied Products Ltd. rose by 8.33% today, closing at Rs 67.49, up from the previous close of Rs 62.3. The stock moved 8.33% during the session.

What is the market capitalisation of Shri Gang Industries & Allied Products Ltd.?

Ans. The market capitalisation of Shri Gang Industries & Allied Products Ltd. is Rs 132.32 crore, categorising it as a micro-cap stock within the industry. The company operates in the Alcohol sector.

What is the P/E ratio of Shri Gang Industries & Allied Products Ltd.?

Ans. The P/E ratio of Shri Gang Industries & Allied Products Ltd. is 7.11, which is significantly lower than the industry median of 18.17, suggesting potential undervaluation. The company trades at a P/E ratio of 7.11x.

How does Shri Gang Industries & Allied Products Ltd. compare to its peers?

Ans. Shri Gang Industries & Allied Products Ltd. has a lower P/E ratio compared to peers like Jagatjit Industries Ltd. and IFB Agro Industries Ltd., indicating potential undervaluation. Comparable listed companies include Aurangabad Distillery Ltd., Ravi Kumar Distilleries Ltd., Jagatjit Industries.

What is the ROE of Shri Gang Industries & Allied Products Ltd.?

Ans. The return on equity (ROE) of Shri Gang Industries & Allied Products Ltd. is 0, which is below the industry median of 6.23, indicating challenges in generating returns. ROE stands at 0%.

What is the ROCE of Shri Gang Industries & Allied Products Ltd.?

Ans. The return on capital employed (ROCE) of Shri Gang Industries & Allied Products Ltd. is -12.07, significantly lower than the industry median of 11.8, highlighting profitability challenges. ROE stands at 0%.

What industry does Shri Gang Industries & Allied Products Ltd. operate in?

Ans. Shri Gang Industries & Allied Products Ltd. operates in the Breweries & Distilleries industry within the Alcohol sector, producing and distributing alcoholic beverages. The stock belongs to the Alcohol sector.