Shriram Pistons & Rings Ltd (SHRIPISTON): Shriram Pistons & Rings Share Price rises 2.42% as market cap tops Rs 20,006.40 crore

Published: 18 September 2026 at 10:18:58 AM IST

Shriram Pistons & Rings Share Price rose today, with the stock closing at Rs 4,491.05 after a gain of Rs 106.25, or 2.42%, from the previous close of Rs 4,384.80. The company’s market capitalisation stood at Rs 20,006.40 crore. In Shriram Pistons & Rings Stock News, the verified data confirms a same-day price rise, while the supplied information does not establish a company-specific catalyst. For readers tracking Shriram Pistons & Rings Share Price Today, the move matters because it places the stock among the day’s notable gainers in the Indian Stock Market, even as the broader explanation remains unconfirmed. Univest is following the stock with a focus on price action, valuation and sector context so investors can place the move in a factual framework.

The session opened at Rs 4,429.95, touched a low of Rs 4,428.10 and reached an intraday high of Rs 4,491.15. The move kept Shriram Pistons & Rings Share Price close to the day’s high for much of the session and the turnover was Rs 5.44 crore. In Shriram Pistons & Rings Share Price News, those numbers are enough to show a clear upward session, but not enough to assign a cause. Univest therefore treats this as a verified price-rise event first and a company-news discussion only in the sense that the stock is in focus today.

Shriram Pistons & Rings Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 4,491.05
Previous Close	Rs 4,384.8
Today's Move	Rs 106.25 (+2.42%)
Open	Rs 4,429.95
High	Rs 4,491.15
Low	Rs 4,428.1
Turnover	Rs 5.44 crore
Market Capitalisation	Rs 20,006.4 crore
Market Cap Category	Large Cap

Shriram Pistons & Rings Ltd (SHRIPISTON) rose to Rs 4,491.05 from the previous close of Rs 4,384.8, a move of Rs 106.25 or 2.42%. The stock opened at Rs 4,429.95, reached a high of Rs 4,491.15, recorded a low of Rs 4,428.1.

Shriram Pistons & Rings Share Price Today reflected a gain of 2.42% on the day, with the stock moving from the previous close of Rs 4,384.80 to Rs 4,491.05. The absolute rise was Rs 106.25, while the day’s range stayed between Rs 4,428.10 and Rs 4,491.15. That means the stock finished almost at the day’s peak after opening at Rs 4,429.95. The turnover of Rs 5.44 crore provides a factual measure of traded value, and the session data confirms a steady price rise without any need to infer a cause. For Shriram Pistons & Rings Share Price Live tracking, this is the kind of move that draws attention within Stocks in News and Top Gainers Today searches, even when the catalyst is not stated. Univest views the event as a clean market update rather than a narrative about why the move occurred.

Shriram Pistons & Rings Ltd (SHRIPISTON) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 20,006.4 crore
P/E Ratio	36.09x
P/B Ratio	5.04x
ROE	21.28%
ROCE	21.33%
EPS	Rs 121.5
Book Value Per Share	Rs 870.75
Dividend Yield	0.23%

Shriram Pistons & Rings Ltd (SHRIPISTON) fundamental metrics show P/E 36.09x, P/B 5.04x, 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 20006.4 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 36.09x, P/B at 5.04x 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 0.23%, 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 26.41x, median ROE of 12.85%, median ROCE of 15.05%. 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	36.09x
Benchmark Median P/E	26.41x
Benchmark Average P/E	70.48x
Benchmark P/E Range	2.65x to 3,219.43x
Company P/B Ratio	5.04x
Benchmark Median P/B	2.79x
Company ROE	21.28%
Benchmark Median ROE	12.85%
Company ROCE	21.33%
Benchmark Median ROCE	15.05%
Company Market Capitalisation	Rs 20,006.4 crore
Benchmark Median Market Cap	Rs 990.77 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 36.09x, which is above the benchmark median of 26.41x, a difference of +36.65%. 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 12.85%, a difference of +65.6%. Shriram Pistons & Rings Ltd (SHRIPISTON) has a ROCE of 21.33%, which is above the benchmark median of 15.05%, a difference of +41.73%.

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

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Samvardhana Motherson International Ltd.	MOTHERSON	1,67,762.87	39.04	4.08	10.77	13.63
Bosch Ltd.	BOSCHLTD	1,40,415	59.71	9.07	19.33	25.6
UNO Minda Ltd.	UNOMINDA	67,852.4	57.97	9.83	20.54	20.74
Tube Investments of India Ltd.	TIINDIA	49,748.09	83.38	6.31	16.86	27.33
Sona BLW Precision Forgings Ltd.	SONACOMS	47,870.65	69.92	7.97	11.06	14.75

Shriram Pistons & Rings Ltd (SHRIPISTON) has a P/E ratio of 36.09x compared with the displayed peer median of 59.71x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 21.28% compares with a peer median of 16.86% across the companies shown in the table. ROCE stood at 21.33% versus the displayed peer median of 20.74%, providing a capital-efficiency comparison. Shriram Pistons & Rings Ltd (SHRIPISTON) has a market capitalisation of Rs 20,006.4 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Shriram Pistons & Rings

• Shriram Pistons & Rings Share Price rose 2.42% today to Rs 4,491.05 after closing above the previous close of Rs 4,384.80.
• The stock’s market capitalisation stood at Rs 20,006.40 crore, keeping Shriram Pistons & Rings Share Price in focus among Auto Ancillary names.
• P/E is 36.09, compared with the industry benchmark median of 26.41 for 113 same-industry companies.
• ROE is 21.28% and ROCE is 21.33%, both above the supplied benchmark medians of 12.85% and 15.05%.
• Turnover was Rs 5.44 crore, and the session high of Rs 4,491.15 kept Shriram Pistons & Rings Share Price very close to the day’s top level.

About Shriram Pistons & Rings

Shriram Pistons & Rings Ltd operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The company is best known for manufacturing piston rings and related automotive engine components used in vehicle and engine applications. In practical terms, its business sits inside the supply chain for automotive engineering products, where quality, durability and manufacturing consistency matter. That makes Shriram Pistons & Rings a relevant name for investors following Shriram Pistons & Rings Company News, Shriram Pistons & Rings Financial Results and Shriram Pistons & Rings Stock Performance. The company’s presence in the industry benchmark set also helps readers compare its valuation, profitability and market cap with other listed auto ancillary businesses. Univest presents this business overview to give context to the stock’s Share Price and market position, without making assumptions about future performance.

Track Shriram Pistons & Rings Share Price on Univest

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

Readers can track Shriram Pistons & Rings Share Price on Univest for live share price updates, fundamental ratios, sector context, shareholding pattern, 52-week levels and market insights. Univest also brings together company overview, peer comparison and stock analysis in one place so users can follow Shriram Pistons & Rings Share Price Today with clarity.

Frequently Asked Questions

Why did Shriram Pistons & Rings Share Price rise today?

Ans. The data confirms a 2.42% same-day rise, but it does not establish a company-specific catalyst. The stock closed at Rs 4,491.05 after opening at Rs 4,429.95 and touching Rs 4,491.15.

What is Shriram Pistons & Rings Share Price today?

Ans. Shriram Pistons & Rings Share Price today is Rs 4,491.05. It gained Rs 106.25, or 2.42%, from the previous close of Rs 4,384.80, keeping the stock among notable gainers in the session.

What is the market capitalisation of Shriram Pistons & Rings?

Ans. The market capitalisation is Rs 20,006.40 crore. That places the company above the industry median market cap of Rs 990.77 crore in the same-industry benchmark set of 113 companies. The company operates in the Automobile & Ancillaries sector.

How does Shriram Pistons & Rings look on valuation?

Ans. The company’s P/E is 36.09 and P/B is 5.04. Compared with the industry median P/E of 26.41 and P/B median of 2.79, the stock trades at a higher valuation on both measures.

What do the profitability ratios show for Shriram Pistons & Rings?

Ans. ROE is 21.28% and ROCE is 21.33%. Both are above the benchmark medians of 12.85% and 15.05%, which gives useful context for Shriram Pistons & Rings Fundamental Analysis. ROE stands at 21.28%.

How does Shriram Pistons & Rings compare with peers?

Ans. Against peers such as Bosch, UNO Minda and Tube Investments, Shriram Pistons & Rings has a lower market cap but a competitive ROE and ROCE profile. Its P/E is also below several peers in the comparison set.

What is the book value and EPS for Shriram Pistons & Rings?

Ans. EPS is Rs 121.50 and book value is Rs 870.75. EPS shows earnings attributable to each share, while book value per share reflects the accounting net worth behind each share at the current stage.

Can investors track Shriram Pistons & Rings Share Price on Univest?

Ans. Yes. Univest tracks Shriram Pistons & Rings Share Price, fundamental ratios, sector context, shareholding pattern and 52-week levels in one place, making it easier to follow the stock’s daily movement and broader context.