Shriram Pistons & Rings Ltd (SHRIPISTON) Share Price hits 52-week high; stock slips 0.36% from peak

Published: 24 August 2026 at 9:38 AM IST

Shriram Pistons & Rings Ltd Share Price was Rs 4,579.55 on 24 August 2026, down 0.36% from the previous close after touching a fresh 52-week high of Rs 4,666.15. The company’s market capitalisation stood at Rs 21,319.59 crore. This is a fresh yearly high event, and the data confirms the price action without establishing a company-specific catalyst. Univest tracks the move because it combines a new peak with a clear valuation profile in the Auto Ancillary space.

The latest Shriram Pistons & Rings Ltd Share Price update shows a session that opened at Rs 4,651.85, traded between Rs 4,556.65 and Rs 4,666.15, and ended below the peak but above the day’s low. Turnover was Rs 0.41 crore. On the verified numbers, Shriram Pistons & Rings Ltd Stock News is relevant today because the share touched its fresh 52-week high even though the close was slightly lower than the open and the previous close. Univest notes the event as a price milestone, not as a statement about why the move occurred.

For readers tracking Shriram Pistons & Rings Ltd Share Price Today, the key question is not only where the stock closed, but how that move fits with its current valuation and sector position. The company trades in the Automobile & Ancillaries sector and the Auto Ancillary industry, with headline fundamentals such as a P/E of 37.83, P/B of 5.28, ROE of 21.28, ROCE of 21.33, EPS of 121.5, book value of Rs 870.75 and dividend yield of 0.22. Univest places those figures in context below.

Shriram Pistons & Rings Ltd Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 4,579.55
Previous Close	Rs 4,596.1
Today's Move	Rs -16.55 (-0.36%)
Open	Rs 4,651.85
High	Rs 4,666.15
Low	Rs 4,556.65
Turnover	Rs 0.41 crore
Market Capitalisation	Rs 21,319.59 crore

Shriram Pistons & Rings Ltd (SHRIPISTON) traded at Rs 4,579.55 versus the previous close of Rs 4,596.1, a fall of 0.36%. The stock opened at Rs 4,651.85, reached a high of Rs 4,666.15 and touched a low of Rs 4,556.65.

The latest Shriram Pistons & Rings Ltd Share Price action was defined by a move to Rs 4,666.15, which matched the day’s high and the fresh 52-week high. The stock opened at Rs 4,651.85, compared with the previous close of Rs 4,596.10, and later settled at Rs 4,579.55. The day’s low was Rs 4,556.65, so the close remained near the lower end of the session range but above the intraday floor. Day change stood at Rs -16.55, or -0.36%, while turnover was Rs 0.41 crore.

That combination makes the Shriram Pistons & Rings Ltd Share Price story straightforward: the stock marked a fresh one-year high during the session, then finished slightly below both the day’s peak and the previous close. Because the verified data confirms the event but does not establish a company-specific catalyst, the correct reading is simply that the market price reached a new 52-week peak before easing modestly into the close. For readers of Shriram Pistons & Rings Ltd Stock News, the fresh peak is the central fact.

Shriram Pistons & Rings Ltd (SHRIPISTON) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 21,319.59 crore
P/E Ratio	37.83x
P/B Ratio	5.28x
ROE	21.28%
ROCE	21.33%
EPS	Rs 121.5
Book Value Per Share	Rs 870.75
Dividend Yield	0.22%

Shriram Pistons & Rings Ltd (SHRIPISTON) fundamental metrics show P/E 37.83x, P/B 5.28x, ROE 21.28%, ROCE 21.33%. These figures provide context only and are not a buy or sell signal.

Shriram Pistons & Rings Ltd has a market capitalisation of Rs 21319.59 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 37.83x, P/B at 5.28x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 21.28% and ROCE of 21.33%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 121.5, book value per share of Rs 870.75, dividend yield of 0.22%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 23.81x, median ROE of 13.14%, median ROCE of 14.65%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Auto Ancillary
Benchmark Scope	same industry
Company P/E Ratio	37.83x
Benchmark Median P/E	23.81x
Benchmark Average P/E	60.43x
Benchmark P/E Range	4.82x to 1,970.05x
Company P/B Ratio	5.28x
Benchmark Median P/B	2.69x
Company ROE	21.28%
Benchmark Median ROE	13.14%
Company ROCE	21.33%
Benchmark Median ROCE	14.65%
Company Market Capitalisation	Rs 21,319.59 crore
Benchmark Median Market Cap	Rs 1,090.99 crore

Shriram Pistons & Rings Ltd (SHRIPISTON) is classified under sector: Automobile & Ancillaries and industry: Auto Ancillary.

Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 37.83x, which is above the benchmark median of 23.81x, a difference of +58.88%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROE of 21.28%, which is above the benchmark median of 13.14%, a difference of +61.95%. Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROCE of 21.33%, which is above the benchmark median of 14.65%, a difference of +45.6%.

Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
BELRISE INDUSTRIES LTD	BELRISE	22,418.58	44.23	3.18	14.15	14.53
TENNECO CLEAN AIR INDIA L	TENNIND	23,247.61	38.69	17.06	43.06	58.84
Sansera Engineering Ltd.	SANSERA	24,196.67	69.45	7.62	10.62	13.97
Gabriel India Ltd.	GABRIEL	25,178.18	84.59	17.52	19.76	26.37
Motherson Sumi Wiring India Ltd.	MSUMI	25,465.58	40.59	11.04	32.39	43.72

Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 37.83x compared with the displayed peer median of 44.23x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 21.28% compares with a peer median of 19.76% across the companies shown in the table. ROCE stood at 21.33% versus the displayed peer median of 26.37%, providing a capital-efficiency comparison. Shriram Pistons & Rings Ltd (SHRIPISTON) has a market capitalisation of Rs 21,319.59 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Shriram Pistons & Rings Ltd

• The stock touched a fresh 52-week high of Rs 4,666.15 before closing at Rs 4,579.55.
• Day change was Rs -16.55, or -0.36%, versus the previous close of Rs 4,596.10.
• Turnover stood at Rs 0.41 crore during the session.
• Market capitalisation was Rs 21,319.59 crore, with P/E at 37.83 and P/B at 5.28.
• ROE was 21.28 and ROCE was 21.33, both above the industry medians in the supplied benchmark.

About Shriram Pistons & Rings Ltd

Shriram Pistons & Rings Ltd operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The supplied company description is limited to these classifications and the market data provided in this report. Univest therefore keeps the profile factual and focused on the verified identity, valuation, financial ratios and listed-market context that frame Shriram Pistons & Rings Ltd Stock News today.

Track Shriram Pistons & Rings Ltd Share Price on Univest

Use Shriram Pistons & Rings Ltd (SHRIPISTON) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.

Track Shriram Pistons & Rings Ltd Share Price on Univest to follow live share price updates, company news, shareholding pattern, fundamental ratios, 52-week levels, and market insights in one place. Univest also helps readers compare peer valuations and sector benchmarks without adding unsupported commentary.

Frequently Asked Questions

Why did Shriram Pistons & Rings Ltd Share Price hit a fresh 52-week high?

Ans. The verified data shows that Shriram Pistons & Rings Ltd Share Price touched Rs 4,666.15, its fresh 52-week high. The supplied numbers confirm the price event, but they do not establish a company-specific catalyst.

What is the latest Shriram Pistons & Rings Ltd Share Price today?

Ans. The latest Shriram Pistons & Rings Ltd Share Price in the supplied data is Rs 4,579.55. It closed 0.36% lower than the previous close after trading as high as Rs 4,666.15 during the session.

How did Shriram Pistons & Rings Ltd Share Price move during the day?

Ans. Shriram Pistons & Rings Ltd Share Price opened at Rs 4,651.85, reached Rs 4,666.15, touched a low of Rs 4,556.65 and ended at Rs 4,579.55. The move was a small decline versus the previous close.

What is the market capitalisation of Shriram Pistons & Rings Ltd?

Ans. Shriram Pistons & Rings Ltd has a market capitalisation of Rs 21,319.59 crore in the supplied data. That places it above the industry median market cap of Rs 1,090.99 crore in the same-industry benchmark.

Is Shriram Pistons & Rings Ltd expensive on valuation metrics?

Ans. The company’s P/E of 37.83 and P/B of 5.28 are both above the industry medians of 23.81 and 2.69. The supplied data therefore shows a premium versus the benchmark, without making a valuation recommendation.

How strong are Shriram Pistons & Rings Ltd profitability ratios?

Ans. ROE is 21.28 and ROCE is 21.33. Both are higher than the benchmark medians in the supplied same-industry snapshot, which are 13.14 for ROE and 14.65 for ROCE. ROE stands at 21.28%.

What do EPS, book value and dividend yield show for Shriram Pistons & Rings Ltd?

Ans. EPS is Rs 121.5, book value is Rs 870.75 and dividend yield is 0.22. These figures help frame earnings, accounting value per share and payout context alongside the latest Shriram Pistons & Rings Ltd Share Price.

How does Shriram Pistons & Rings Ltd compare with peers?

Ans. The company’s P/E is below several peers such as Gabriel India Ltd., Sansera Engineering Ltd. and Craftsman Automation Ltd., while its ROE is above peers like BELRISE INDUSTRIES LTD, Minda Corporation Ltd. and CIE Automotive India Ltd.

Which sector and industry does Shriram Pistons & Rings Ltd belong to?

Ans. Shriram Pistons & Rings Ltd belongs to the Automobile & Ancillaries sector and the Auto Ancillary industry. The supplied benchmark also covers 109 same-industry companies for comparison. The stock belongs to the Automobile & Ancillaries sector.

Where can I track Shriram Pistons & Rings Ltd Share Price and updates?

Ans. Univest tracks Shriram Pistons & Rings Ltd Share Price, company news, valuation ratios, shareholding pattern and 52-week levels in one place. That makes it easier to review the latest data alongside sector and peer benchmarks.