Suryalata Spinning Mills Ltd. (SURYALA) Share Price Rises 8.64% Today

Suryalata Spinning Mills Ltd. Share Price rose 8.64% today, reaching Rs 440 with a market cap of Rs 174.95 crore.

Suryalata Spinning Mills Ltd. Share Price experienced a notable rise today, closing at Rs 440, which marks an 8.64% increase from its previous close of Rs 405. This price movement positions the company within the Micro Cap category, with a market capitalisation of Rs 174.95 crore. Despite the absence of a clear catalyst from the available data, the stock's performance today highlights its potential within the textile sector.

The company's current valuation metrics, such as a P/E ratio of 6 and a P/B ratio of 0.61, suggest a relatively inexpensive valuation compared to its industry peers. The stock's rise today may prompt further analysis of its technical indicators and fundamental strengths. Investors are likely to monitor Suryalata Spinning Mills Ltd. closely, considering its position within the textile industry and its recent price action.

Suryalata Spinning Mills Ltd. (SURYALA) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 440
Previous Close	Rs 405
Today's Change	+Rs 35 (+8.64%)
Day Open	Rs 440
Day High	Rs 440
Day Low	Rs 440
Current Volume (BSE)	1
BSE Traded Volume	1
NSE Traded Volume	1
Combined NSE + BSE Volume	2
Turnover	Rs 0 crore
Market Capitalisation	Rs 174.95 crore
Market Cap Category	Micro Cap

Suryalata Spinning Mills Ltd. (SURYALA) traded at Rs 440. versus the previous close of Rs 405, a rise of 8.64%. The stock opened at Rs 440, reached Rs 440, touched Rs 440. Reported volume was 1.

Suryalata Spinning Mills Ltd. (SURYALA) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 174.95 crore
P/E Ratio	6x
P/B Ratio	0.61x
ROE	27.77%
ROCE	27.54%
EPS	Rs 67.47
Dividend Yield	0.49%

Suryalata Spinning Mills Ltd. was valued at a P/E ratio of 6x, a P/B ratio of 0.61x. 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 27.77% and ROCE of 27.54%. 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 67.47, dividend yield of 0.49%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Suryalata Spinning Mills Ltd. presents a compelling case from a fundamental perspective. With a market capitalisation of Rs 174.95 crore, the company is positioned within the Micro Cap category. Its P/E ratio of 6 is significantly lower than the industry median of 17.02, indicating a potentially undervalued stock. The P/B ratio of 0.61 also suggests a discount compared to the industry median of 0.7.

The company's return on equity (ROE) stands at 27.77%, and return on capital employed (ROCE) is 27.54%, both of which are substantially higher than the industry averages of 5.65% and 26.32%, respectively. This indicates efficient use of capital and strong profitability. Additionally, the earnings per share (EPS) is Rs 67.47, and the dividend yield is 0.49%, providing a modest return to shareholders.

These fundamental metrics highlight Suryalata Spinning Mills Ltd.'s strong financial position and profitability within the textile sector. Investors may find the company's valuation and financial performance attractive, especially when compared to its industry peers.

Sector and Industry Context

Metric	Value
Sector	Textile
Industry	Textile – Spinning
Benchmark Scope	same industry
Company P/E Ratio	6x
Benchmark Median P/E	17.02x
Benchmark Average P/E	40.37x
Benchmark P/E Range	1.45x to 345.69x
Company P/B Ratio	0.61x
Benchmark Median P/B	0.7x
Company ROE	27.77%
Benchmark Median ROE	2.38%
Company ROCE	27.54%
Benchmark Median ROCE	7.86%
Company Market Capitalisation	Rs 174.95 crore
Benchmark Median Market Cap	Rs 48.2 crore

Suryalata Spinning Mills Ltd. (SURYALA) is classified under sector: Textile and industry: Textile – Spinning.

Suryalata Spinning Mills Ltd. (SURYALA) has a P/E ratio of 6x, which is below the benchmark median of 17.02x, a difference of -64.75%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Suryalata Spinning Mills Ltd. (SURYALA) has a ROE of 27.77%, which is above the benchmark median of 2.38%, a difference of +1,066.81%. Suryalata Spinning Mills Ltd. (SURYALA) has a ROCE of 27.54%, which is above the benchmark median of 7.86%, a difference of +250.38%.

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

Suryalata Spinning Mills Ltd. operates within the textile sector, specifically in the textile spinning industry. The company's P/E ratio of 6 is notably lower than the industry median of 17.02 and the average of 40.37, suggesting a potentially undervalued stock. The P/B ratio of 0.61 also indicates a discount compared to the industry median of 0.7.

The company's ROE of 27.77% and ROCE of 27.54% are significantly higher than the industry averages of 5.65% and 26.32%, respectively. This reflects the company's strong operational efficiency and profitability. The textile sector, with 66 companies in the benchmark, shows a wide range of valuations, with P/E ratios ranging from 1.45 to 345.69.

Suryalata Spinning Mills Ltd.'s market capitalisation of Rs 174.95 crore places it below the industry average of Rs 205.58 crore but above the median of Rs 48.2 crore. This positioning within the sector may attract investors looking for undervalued opportunities with strong financial metrics.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Sumeet Industries Ltd.	SUMEETINDS	1,403.39	48.41	3.48	0	-1.66
Pashupati Cotspin Ltd.	PASHUPATI	1,339.27	128.88	8.16	6.3	8.81
Nahar Spinning Mills Ltd.	NAHARSPING	1,186.55	15.67	0.78	4.82	6.62
GHCL Textiles Ltd.	GHCLTEXTIL	1,098.28	11.42	0.71	-32.82	-32.82
Ambika Cotton Mills Ltd.	AMBIKCO	1,031.67	14.42	1.08	12.69	17.06

Suryalata Spinning Mills Ltd. (SURYALA) has a P/E ratio of 6x compared with the displayed peer median of 15.67x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 27.77% compares with a peer median of 4.82% across the companies shown in the table. ROCE stood at 27.54% versus the displayed peer median of 6.62%, providing a capital-efficiency comparison. Suryalata Spinning Mills Ltd. (SURYALA) has a market capitalisation of Rs 174.95 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers within the textile spinning industry, Suryalata Spinning Mills Ltd. stands out with its low P/E ratio of 6, which is significantly below the peer average. For instance, Sumeet Industries Ltd. has a P/E of 48.41, and Pashupati Cotspin Ltd. has a P/E of 128.88. Additionally, Suryalata's P/B ratio of 0.61 is lower than that of many peers, such as Pashupati Cotspin Ltd. with a P/B of 8.16.

The company's ROE of 27.77% and ROCE of 27.54% are among the highest in the peer group, indicating strong profitability and efficient capital use. This positions Suryalata Spinning Mills Ltd. as a potentially attractive investment compared to its peers, given its valuation and financial performance.

Why Investors Are Watching Suryalata Spinning Mills Ltd.

Investors are closely monitoring Suryalata Spinning Mills Ltd. due to its recent price action and strong fundamental metrics.

• Price Action: The stock rose 8.64% today, reaching Rs 440.
• Technical Position: The RSI indicates neutral momentum.
• Fundamental Context: Low P/E and P/B ratios suggest undervaluation.
• Sector Positioning: Strong ROE and ROCE compared to industry averages.

Investors should continue to monitor Suryalata Spinning Mills Ltd. for any further developments in its price action and financial performance, as well as its position within the textile sector.

About Suryalata Spinning Mills Ltd.

Suryalata Spinning Mills Ltd. is a prominent player in the textile spinning industry, focusing on the production of high-quality yarns. The company operates within the textile sector, which encompasses a wide range of activities from spinning to weaving and finishing. Suryalata Spinning Mills Ltd. has established itself as a reliable supplier of yarns, catering to both domestic and international markets.

The company's business segments include the production of various types of yarns, which are used in the manufacture of textiles and garments. Suryalata Spinning Mills Ltd. is known for its commitment to quality and innovation, which has helped it maintain a competitive edge in the industry. As a part of the textile sector, the company benefits from the growing demand for textiles and garments globally.

Track Suryalata Spinning Mills Ltd. Share Price on Univest

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Frequently Asked Questions

How much did Suryalata Spinning Mills Ltd. Share Price rise today?

Ans. Suryalata Spinning Mills Ltd. Share Price rose by 8.64% today, reaching Rs 440 from the previous close of Rs 405. The stock moved 8.64% during the session. The intraday range extended from Rs 440 to Rs 440.

What is the market capitalisation of Suryalata Spinning Mills Ltd.?

Ans. The market capitalisation of Suryalata Spinning Mills Ltd. is Rs 174.95 crore, placing it in the Micro Cap category. The company operates in the Textile sector. Its P/E ratio is 6x.

What are the P/E and P/B ratios of Suryalata Spinning Mills Ltd.?

Ans. Suryalata Spinning Mills Ltd. has a P/E ratio of 6 and a P/B ratio of 0.61, indicating a relatively inexpensive valuation. The company trades at a P/E ratio of 6x.

How does Suryalata Spinning Mills Ltd.'s ROE compare to the industry average?

Ans. Suryalata Spinning Mills Ltd.'s ROE is 27.77%, significantly higher than the industry average of 5.65%, indicating strong profitability. ROE stands at 27.77%. ROCE stands at 27.54%. The relevant peer median ROE is 2.38%.

How does Suryalata Spinning Mills Ltd.'s market cap compare to its peers?

Ans. Suryalata Spinning Mills Ltd.'s market cap of Rs 174.95 crore is lower than many peers but above the industry median of Rs 48.2 crore. The company operates in the Textile sector.

What industry does Suryalata Spinning Mills Ltd. operate in?

Ans. Suryalata Spinning Mills Ltd. operates in the textile spinning industry, focusing on the production of high-quality yarns. The stock belongs to the Textile sector. Its industry classification is Textile – Spinning.

How can investors track Suryalata Spinning Mills Ltd. Share Price?

Ans. Investors can track Suryalata Spinning Mills Ltd. Share Price on Univest for real-time data, technical indicators, and market insights. The stock moved 8.64% during the session. The intraday range extended from Rs 440 to Rs 440.