ad

Surani Steel Tubes Ltd. (SURANI-SM): Surani Steel Tubes Share Price Falls 15.73% Today: Price Action, Valuation and Sector View

12 Aug 202611:18 am

Surani Steel Tubes Ltd. (SURANI-SM): Surani Steel Tubes Share Price Falls 15.73% Today: Price Action, Valuation and Sector View

Surani Steel Tubes fell to Rs 83.6, down 15.73% today, taking its market capitalisation to Rs 154.24 crore in a sharp micro cap share price decline.

Surani Steel Tubes Share Price fell sharply in today’s session, with the stock trading at Rs 83.6, down 15.73% from the previous close of Rs 99.2. At that price, the company’s market capitalisation stood at Rs 154.24 crore, placing it in the Micro Cap category. For traders tracking Stock Market Today and Stocks in News, this move stands out because the decline was large enough to trigger a price-fall event under its market-cap classification.

Surani Steel Tubes Share Price Today also reflects a session of clear intraday weakness rather than a late, narrow decline. The stock opened at Rs 99, touched a day high of Rs 99 and then fell to a day low of Rs 83.6, which was also the current traded price at the time of the snapshot. That pattern shows that the pressure intensified after the open and stayed in place through the session data provided.

In Surani Steel Tubes Stock News, the verified data confirms the share price fall but does not establish a company-specific catalyst behind the move. Even so, the combination of a 15.73% drop, micro cap status, and a valuation profile that already sits at a premium to many industry metrics makes this a relevant Stock Analysis event. In this Univest review, investors can track what happened, how the price action developed, what the available fundamentals show, and how Surani Steel Tubes compares with the wider Iron & Steel industry and listed peers.

Surani Steel Tubes Ltd. (SURANI-SM) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 83.6
Previous Close Rs 99.2
Today's Change Rs -15.6 (-15.73%)
Day Open Rs 99
Day High Rs 99
Day Low Rs 83.6
Current Volume (NSE) 2,200
NSE Traded Volume 2,200
Combined NSE + BSE Volume 2,200
Turnover Rs 0.02 crore
Market Capitalisation Rs 154.24 crore
Market Cap Category Micro Cap

Surani Steel Tubes Ltd. (SURANI-SM) traded at Rs 83.6. versus the previous close of Rs 99.2, a fall of 15.73%. The stock opened at Rs 99, reached Rs 99, touched Rs 83.6. Reported volume was 2,200.

Surani Steel Tubes Ltd. (SURANI-SM) Fundamental Analysis

Metric Value
Market Capitalisation Rs 154.24 crore
P/E Ratio 75.38x
P/B Ratio 1.25x
ROE 18.75%
ROCE 15.11%
EPS Rs 1.32
Dividend Yield 0%

Surani Steel Tubes Ltd. was valued at a P/E ratio of 75.38x, a P/B ratio of 1.25x. 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 18.75% and ROCE of 15.11%. 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 1.32, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Surani Steel Tubes Fundamental Analysis suggests a mixed picture. The stock trades at a high earnings multiple relative to many industry names, but its return ratios are stronger than several benchmark medians. That contrast is central to understanding why the price action is attracting investor attention.

From a Market Cap perspective, Surani Steel Tubes remains a micro cap company at Rs 154.24 crore. Size alone does not determine quality, but it does frame liquidity, risk perception and peer positioning. The company’s P/E ratio stands at 75.38, while its P/B ratio is 1.25. In isolation, those figures mean the market is valuing the company at 75.38 times earnings and 1.25 times book value. The earnings multiple is high on an absolute basis and becomes even more notable when compared with the wider industry benchmarks discussed later.

On profitability, ROE is 18.75 and ROCE is 15.11. Those are meaningful numbers because ROE reflects the return generated on shareholder equity, while ROCE tracks returns produced from capital employed in the business. Surani Steel Tubes Share Price may be under pressure today, but these profitability ratios indicate that the company’s historical capital efficiency is not weak relative to many firms in the same industry dataset.

EPS is Rs 1.32, which shows the earnings attributable to each share on the supplied basis. Dividend yield is 0, indicating that the stock does not offer a current historical payout yield in the provided data. That matters for positioning because investors looking at this name are mainly evaluating it through earnings valuation and operating returns rather than income distribution.

The relationship between price and valuation is especially important here. At Rs 83.6, Surani Steel Tubes Share Price has fallen sharply today, but the stock still carries a P/E ratio of 75.38. That means the market had been assigning a relatively elevated earnings multiple to this business compared with much of its sector set. In Univest analysis, such a combination often leads investors to ask whether returns on equity and capital can continue to justify that valuation profile. That question becomes more useful when ownership structure and sector benchmarks are reviewed next.

Sector and Industry Context

Metric Value
Sector Iron & Steel
Industry Steel & Iron Products
Benchmark Scope same industry
Company P/E Ratio 75.38x
Benchmark Median P/E 17.47x
Benchmark Average P/E 36.05x
Benchmark P/E Range 0.31x to 389.71x
Company P/B Ratio 1.25x
Benchmark Median P/B 1.33x
Company ROE 18.75%
Benchmark Median ROE 4.38%
Company ROCE 15.11%
Benchmark Median ROCE 9.19%
Company Market Capitalisation Rs 154.24 crore
Benchmark Median Market Cap Rs 151.06 crore

Surani Steel Tubes Ltd. (SURANI-SM) is classified under sector: Iron & Steel and industry: Steel & Iron Products.

Surani Steel Tubes Ltd. (SURANI-SM) has a P/E ratio of 75.38x, which is above the benchmark median of 17.47x, a difference of +331.48%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Surani Steel Tubes Ltd. (SURANI-SM) has a ROE of 18.75%, which is above the benchmark median of 4.38%, a difference of +328.08%. Surani Steel Tubes Ltd. (SURANI-SM) has a ROCE of 15.11%, which is above the benchmark median of 9.19%, a difference of +64.42%.

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

The sector data shows that Surani Steel Tubes sits inside the Iron & Steel sector and the Steel & Iron Products industry. Its valuation is above the industry’s central P/E levels, while its ROE and ROCE stand ahead of the industry medians based on the same-industry benchmark.

Surani Steel Tubes Share Price is moving against the backdrop of the Iron & Steel sector, specifically the Steel & Iron Products industry. The supplied sectorSnapshot uses a benchmark scope of the same industry and covers 104 companies. That is a wide enough group to give context on where this company sits on valuation and profitability within its direct operating universe.

The first notable point is valuation. Surani Steel Tubes has a company P/E of 75.38. Against the same-industry benchmark, the median P/E is 17.47 and the average P/E is 36.05, based on 86 companies with P/E data. The benchmark range runs from 0.31 to 389.71. This places Surani Steel Tubes materially above both the median and the average industry earnings multiple, so the stock has been trading at a richer valuation than a large part of its direct comparison set.

Price-to-book tells a different story. The company P/B is 1.25, while the benchmark median P/B is 1.33 and the average is 1.97 across 103 companies. The benchmark range spans from -10.47 to 20.74. On this measure, Surani Steel Tubes looks closer to the middle of the industry distribution rather than aggressively valued.

Profitability is where the company compares more favourably. Its ROE of 18.75 is above the industry median ROE of 4.38, although below the average ROE of 29.6 across 102 companies. Its ROCE of 15.11 is above both the median ROCE of 9.19 and the average ROCE of 10.35 across 102 companies. Market capitalisation of Rs 154.24 crore is also close to the industry median market cap of Rs 151.06 crore, though well below the average of Rs 469.55 crore, reflecting how a few larger companies lift the mean. For Univest readers, that combination suggests a business of roughly median size in the dataset, stronger-than-median returns, and a clearly above-median earnings multiple.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Welspun Specialty Solutions Ltd. WELSPLSOL 3,194.45 111.77 6.92 -150.95 -5.55
JTL Industries Ltd JTLIND 3,051.49 26.33 1.98 24.68 22.3
Prakash Industries Ltd. PRAKASH 2,328.06 6.97 0.61 3.29 4.87
Pennar Industries Ltd. PENIND 2,184.2 15.61 1.85 0.41 6.85
Rhetan TMT Ltd. RHETAN 2,154.75 209.26 19.84 3.76 4.11

Surani Steel Tubes Ltd. (SURANI-SM) has a P/E ratio of 75.38x compared with the displayed peer median of 26.33x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 18.75% compares with a peer median of 3.29% across the companies shown in the table. ROCE stood at 15.11% versus the displayed peer median of 4.87%, providing a capital-efficiency comparison. Surani Steel Tubes Ltd. (SURANI-SM) has a market capitalisation of Rs 154.24 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Peer data shows Surani Steel Tubes as a much smaller company than the listed names in the supplied comparison set. Its valuation and return profile is mixed: the P/E is lower than some richly valued peers but far above more moderate steel names, while ROE and ROCE sit in the middle of the pack.

Surani Steel Tubes Share Price is best read against the peer list supplied from the same Iron & Steel and Steel & Iron Products space. At Rs 154.24 crore in market capitalisation, the company is far smaller than every peer listed here. Welspun Specialty Solutions carries a market cap of Rs 3,194.45 crore, JTL Industries Rs 3,051.49 crore, Prakash Industries Rs 2,328.06 crore, Pennar Industries Rs 2,184.2 crore and Rhetan TMT Rs 2,154.75 crore. Even the lower end of the supplied group remains well above Surani Steel Tubes in size.

On valuation, Surani Steel Tubes trades at a P/E of 75.38. That is lower than Welspun Specialty Solutions at 111.77, Rhetan TMT at 209.26 and Mahamaya Steel Industries at 175.56, but higher than JTL Industries at 26.33, Pennar Industries at 15.61, Prakash Industries at 6.97, Mukand at 3.35, MSP Steel & Power at 53.12, Frontier Springs at 28.51 and Hi-Tech Pipes at 22.43. So in relative terms, the company still sits on the expensive side of the peer distribution.

The profitability comparison is more balanced. Surani Steel Tubes reports ROE of 18.75, above Prakash Industries at 3.29, Pennar Industries at 0.41, Rhetan TMT at 3.76, MSP Steel & Power at 0.87, Frontier Springs at 14.07, Hi-Tech Pipes at 12.18 and Mahamaya Steel Industries at 0.52, but below JTL Industries at 24.68 and Mukand at 31.23. Its ROCE of 15.11 is above Prakash Industries at 4.87, Pennar Industries at 6.85, Rhetan TMT at 4.11, Mukand at 11.91, MSP Steel & Power at 6.24, Hi-Tech Pipes at 12.56 and Mahamaya Steel Industries at 4.18, though below JTL Industries at 22.3 and Frontier Springs at 18.29. In Univest peer review terms, the company’s returns look competitive, but the valuation still demands attention.

Why Investors Are Watching Surani Steel Tubes

Investors are watching Surani Steel Tubes because the stock recorded a steep same-day decline, moved from an opening level near the prior close to the session low, and remains a micro cap name with a high P/E ratio compared with much of its industry. That mix puts both price action and valuation under the spotlight in today’s Market News cycle.

  • Price action: Surani Steel Tubes Share Price fell 15.73% to Rs 83.6 from a previous close of Rs 99.2, with the stock also touching its intraday low at the current quoted price.
  • Trading pattern: The stock opened at Rs 99, the day high was Rs 99, and the day low was Rs 83.6, showing sustained intraday weakness after the open.
  • Volume and turnover: NSE volume stood at 2,200 shares and turnover was Rs 0.02 crore, indicating a sharp percentage move despite relatively small traded value.
  • Fundamental context: The company’s P/E is 75.38, P/B is 1.25, ROE is 18.75, ROCE is 15.11, EPS is Rs 1.32 and dividend yield is 0.
  • Sector positioning: In the same-industry benchmark of 104 companies, the stock’s P/E is above both the median and average, while ROE and ROCE are above the median.

What investors may monitor next is whether Surani Steel Tubes Share Price stabilises after this sharp decline and how the stock continues to compare with peers on valuation and returns. In Univest coverage, that means tracking future price action alongside profitability, earnings multiple discipline, and where the company stands relative to the broader Steel & Iron Products group.

About Surani Steel Tubes

Surani Steel Tubes operates within the Iron & Steel sector and is classified under the Steel & Iron Products industry. Even without a longer business profile in the supplied dataset, that classification helps define the company’s operating backdrop. Businesses in this industry are generally evaluated through product economics, capital efficiency, valuation discipline and scale relative to listed sector peers.

In the case of Surani Steel Tubes Share Price, market positioning data shows a company with a market capitalisation of Rs 154.24 crore, which is near the industry median market capitalisation of Rs 151.06 crore within the same-industry sample. That makes it a comparatively small listed steel player versus larger peer companies such as Welspun Specialty Solutions, JTL Industries and Prakash Industries, but not an outlier within the full benchmark universe of 104 firms.

Its financial profile also gives clues about the business position. A P/B ratio of 1.25 suggests the market values the stock only modestly above book value, while ROE of 18.75 and ROCE of 15.11 indicate that the company has delivered returns above the industry medians in the supplied comparison set. At the same time, the P/E ratio of 75.38 implies that the market has historically attached a much higher earnings multiple to the stock than the industry median. For readers following Surani Steel Tubes Stock News and Surani Steel Tubes Company News, that makes it a name where operating returns and valuation need to be read together rather than in isolation.

Track Surani Steel Tubes Share Price on Univest

Use Surani Steel Tubes Ltd. (SURANI-SM) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Surani Steel Tubes Share Price can be tracked on Univest for live price moves, market-cap changes, valuation ratios and broader stock analysis context. Investors following Surani Steel Tubes Share Price Today can use Univest to monitor Share Price movement, Stock News, peer positioning, sector benchmarks and updates around 52 Week levels whenever available in the platform dataset.

Univest also helps users organise Surani Steel Tubes Fundamental Analysis in one place by bringing together ratios such as P/E, P/B, ROE, ROCE, EPS and dividend yield with price action context. For investors reviewing Stocks in News, Top Losers Today or broader Share Market Today moves, Univest offers a structured way to compare one session’s decline with the company’s valuation profile and industry standing without turning the analysis into a recommendation.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What is the latest Surani Steel Tubes Share Price Today?

Ans. Surani Steel Tubes Share Price Today was Rs 83.6 in the supplied session snapshot. The stock was down 15.73% from the previous close of Rs 99.2, and the quoted price matched the day’s low.

Why is Surani Steel Tubes Share Price falling today?

Ans. The verified data confirms that Surani Steel Tubes Share Price fell 15.73% in today’s session, but it does not identify a company-specific catalyst. The move is notable because the stock fell from Rs 99 to Rs 83.6 intraday.

How much did Surani Steel Tubes stock decline in today’s session?

Ans. Surani Steel Tubes stock declined by Rs 15.6 in absolute terms and by 15.73% in percentage terms. The previous close was Rs 99.2, while the current price in the dataset was Rs 83.6.

What does today’s price action show for Surani Steel Tubes?

Ans. Today’s price action shows sustained weakness. The stock opened at Rs 99, the day high was also Rs 99, and it later fell to Rs 83.6, which was both the day low and current traded price.

What is the market capitalisation of Surani Steel Tubes?

Ans. Surani Steel Tubes had a market capitalisation of Rs 154.24 crore in the supplied data. That places the company in the Micro Cap category, which is relevant when assessing sharp one-day share price declines.

Is Surani Steel Tubes expensive on valuation metrics?

Ans. On earnings valuation, the stock looks elevated versus its industry benchmark. Surani Steel Tubes has a P/E of 75.38, compared with the same-industry median of 17.47 and average of 36.05, while P/B stands at 1.25.

How strong are Surani Steel Tubes profitability ratios?

Ans. The company reports ROE of 18.75 and ROCE of 15.11. Both figures are above the same-industry medians of 4.38 for ROE and 9.19 for ROCE, indicating comparatively stronger profitability than many benchmark companies.

What are the EPS and dividend yield of Surani Steel Tubes?

Ans. Surani Steel Tubes reported EPS of Rs 1.32 and dividend yield of 0 in the supplied dataset. EPS reflects earnings attributable to each share, while the dividend yield figure indicates no current historical payout yield.

How does Surani Steel Tubes compare with listed steel peers?

Ans. Surani Steel Tubes is much smaller than the supplied listed peers on market cap, but its return ratios are competitive. Its P/E of 75.38 is higher than several peers, while ROCE of 15.11 exceeds many comparison names.

Where can investors track Surani Steel Tubes Share Price updates?

Ans. Investors can track Surani Steel Tubes Share Price updates on Univest for live price movement, valuation ratios, sector comparison and broader stock analysis. That helps place today’s 15.73% decline within a wider company and industry context.

Recent Articles

Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

Reviews

user-review-1
user-review-2
user-review-3
user-review-4
user-review-5

RESEARCH ANALYST

Get SEBI Registered
advice on the stocks
trending today.

Get 3 FREE Trade Ideas

+91
for Startups Accelerator 2024

for Startups Accelerator 2024

Trusted by 1Cr Indians

Trusted by 1Cr Indians

Awarded No.1 by Economic Times

Awarded No.1 by Economic Times

GET THE APP

Join 1Cr users today.

SEBI Registered Analyst-backed Picks. Free Demat. One App

  • Free Demat account in under 5 minutes
  • Live market data — Nifty, Sensex, sector insights
  • SEBI Registered analyst-backed stock picks
Get it on Google PlayDownload on the App Store

Copyright 2026 Univest. All rights reserved.
Designed with ❤️ in India

arrow down