Sunlite Recycling Industries (SUNLITE-SM) Share Price Falls 8.58% to Rs 645

Sunlite Recycling Industries Share Price fell to Rs 645 on 11 September 2026, down 8.58% or Rs 60.5 from the previous close of Rs 705.5. The company’s market capitalisation stood at Rs 974 crore. The Micro Cap stock opened at Rs 660.2, touched a high of Rs 671.05, slipped to a low of Rs 636.8, and recorded turnover of Rs 2.23 crore.

The sharp one-day decline has brought the stock into focus, but the supplied market data does not identify any company-specific trigger behind the move. That means the session is notable for price action rather than for a confirmed corporate announcement or disclosed catalyst. For readers tracking Sunlite Recycling Industries Share Price, the immediate questions are whether the weakness is only short-term, how current valuation compares with the Non – Ferrous Metals industry, and whether profitability still stands out against peers.

The headline numbers are straightforward. The stock is down sharply for the day, turnover indicates active participation, and the RSI reading of 41.93 points to weak-to-neutral momentum rather than an extreme condition. At the same time, the company’s return ratios remain strong when set against broader industry benchmarks, which keeps the stock relevant even after today’s fall.

Sunlite Recycling Industries (SUNLITE-SM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 645
Previous Close	Rs 705.5
Today's Move	-Rs 60.50 (-8.58%)
Open	Rs 660.2
High	Rs 671.05
Low	Rs 636.8
Turnover	Rs 2.23 crore
Market Capitalisation	Rs 974 crore
Market Cap Category	Micro Cap

Today’s session showed immediate pressure at the open. The stock began at Rs 660.2 against the previous close of Rs 705.5, so weakness was visible from the start. It then traded in a relatively narrow intraday band compared with the size of the overall decline, moving between Rs 671.05 and Rs 636.8 before staying closer to the lower end of that range.

The absolute fall of Rs 60.5 and percentage decline of 8.58% make this a significant one-session move for a Micro Cap company. Turnover of Rs 2.23 crore suggests that the decline was accompanied by active market participation, though the available data does not say why sellers were dominant. From a market-structure perspective, the stock did not recover its previous close or even reclaim the opening area in a meaningful way.

That leaves near-term sentiment looking weak. Even so, price action alone does not confirm whether the move is a short-lived adjustment or part of a broader re-rating. For that, valuation, profitability, and peer context become important.

Sunlite Recycling Industries (SUNLITE-SM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 974 crore
P/E Ratio	24.26x
P/B Ratio	6.06x
ROE	36.27%
ROCE	36.3%
EPS	Rs 29.08
Book Value Per Share	Rs 116.43
Dividend Yield	0.14%

The company’s fundamental profile is mixed rather than one-dimensional. On valuation, it trades at a P/E of 24.26 and a P/B of 6.06. That means the earnings multiple is not especially low, while the book-value multiple is clearly elevated relative to more modest asset-based valuations often seen in the broader market.

Profitability, however, is stronger. ROE stands at 36.27% and ROCE at 36.3%, both healthy levels for a company of this size. EPS is Rs 29.08, giving a direct snapshot of earnings per share, while book value per share is Rs 116.43. The dividend yield of 0.14% indicates only a modest payout relative to the current trading price.

In simple terms, the stock does not screen as cheap on every metric, but neither does the supplied data point to weak underlying returns. That balance matters because today’s decline comes alongside strong profitability ratios rather than weak disclosed return metrics.

Sector and Industry Context

Metric	Value
Sector	Non – Ferrous Metals
Industry	Metal – Non Ferrous
Benchmark Scope	same industry
Company P/E Ratio	24.26x
Benchmark Median P/E	20.27x
Benchmark Average P/E	24.71x
Benchmark P/E Range	5.35x to 145.41x
Company P/B Ratio	6.06x
Benchmark Median P/B	1.94x
Benchmark Average P/B	2.47x
Company ROE	36.27%
Benchmark Median ROE	16.91%
Benchmark Average ROE	24.25%
Company ROCE	36.3%
Benchmark Median ROCE	18.91%
Benchmark Average ROCE	27.25%
Company Market Capitalisation	Rs 974 crore
Benchmark Median Market Cap	Rs 440.94 crore
Benchmark Average Market Cap	Rs 21,818.49 crore

The company operates in the Non – Ferrous Metals sector and Metal – Non Ferrous industry. The supplied same-industry benchmark covers 32 companies, which provides useful context for judging whether current pricing looks rich, average, or relatively moderate.

Its P/E of 24.26 is above the industry median of 20.27 but slightly below the average of 24.71. The broader range is wide, from 5.35 to 145.41, so earnings multiples vary substantially across the group. On P/B, the company stands out more clearly: 6.06 is well above the industry median of 1.94 and average of 2.47.

Profitability compares better than valuation. ROE of 36.27% is ahead of the industry median of 16.91% and average of 24.25%. ROCE of 36.3% is also above the industry median of 18.91% and average of 27.25%. In market-cap terms, Rs 974 crore is above the industry median of Rs 440.94 crore, though far below the average of Rs 21,818.49 crore because much larger players skew the group upward.

The industry takeaway is therefore balanced: the stock looks stronger than many peers on return ratios, but more demanding than the group on book-value valuation.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Hindustan Zinc	HINDZINC	2,56,054.33	14.7	8.93	76.94	69.83
Hindalco Industries	HINDALCO	2,30,340.72	13.96	1.59	10.26	10.45
Vedanta	VEDL	1,07,066.43	5.35	1.92	27.59	18.72
Hindustan Copper	HINDCOPPER	51,479.52	44.87	13.8	30.67	39.44
MALCO Energy	VOGL	14,218.17	0	-32.55	0	0

Against major listed peers, the company sits in the middle on earnings valuation. Its P/E of 24.26 is above Hindustan Zinc at 14.7, Hindalco at 13.96, and Vedanta at 5.35, but below Hindustan Copper at 44.87. Within the wider industry snapshot, it is also below Gravita India at 31.95, Jain Resource Recycling at 27.87, and ABC Gas (International) at 28.23, while remaining close to Pondy Oxides & Chemicals at 24.44 and above CMR GREEN TECHNOLOGIES L at 22.71.

On profitability, the picture is more favourable. ROE of 36.27% is below Hindustan Zinc’s 76.94% but above Vedanta’s 27.59%, Hindustan Copper’s 30.67%, Jain Resource Recycling’s 30.8%, Gravita’s 16.73%, CMR GREEN TECHNOLOGIES L’s 11.91%, and Hindalco’s 10.26%. ROCE of 36.3% is ahead of Vedanta’s 18.72%, Gravita’s 17.18%, Jain Resource Recycling’s 25.74%, CMR GREEN TECHNOLOGIES L’s 13.41%, and Hindalco’s 10.45%, while remaining slightly below Hindustan Copper’s 39.44% and well below Hindustan Zinc’s 69.83%.

Scale is where the gap is widest. A market cap of Rs 974 crore is far smaller than Hindustan Zinc, Hindalco, Vedanta, and Hindustan Copper. So the company compares better on return metrics than on size.

Why Investors Are Watching This Stock

• The stock fell 8.58% in one session, from Rs 705.5 to Rs 645.
• It opened weak at Rs 660.2 and stayed closer to the intraday low of Rs 636.8 than the high of Rs 671.05.
• RSI at 41.93 suggests weak-to-neutral momentum rather than an extreme reading.
• P/E of 24.26 is close to the industry average of 24.71, but P/B of 6.06 is above the industry average of 2.47.
• ROE of 36.27% and ROCE of 36.3% remain above industry medians.

About Sunlite Recycling Industries

Sunlite Recycling Industries is part of the Non – Ferrous Metals sector and the Metal – Non Ferrous industry. Based on the verified data, it operates within a listed segment that includes very large diversified companies as well as smaller recycling and processing-focused businesses.

With a market capitalisation of Rs 974 crore, it is classified as a Micro Cap company. That places it above the industry median market cap of Rs 440.94 crore, but still much smaller than the biggest sector names. This size profile helps explain why peer comparison is useful on ratios and positioning, even when direct scale comparisons remain

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Frequently Asked Questions

Why did Sunlite Recycling Industries Share Price fall today?

Ans. It fell because the stock declined Rs 60.5, or 8.58%, to Rs 645 from the previous close of Rs 705.5. The supplied data confirms the move but does not identify a company-specific catalyst.

What is Sunlite Recycling Industries Share Price today?

Ans. The stock was at Rs 645. It opened at Rs 660.2, touched an intraday high of Rs 671.05, and a low of Rs 636.8. The previous close was Rs 705.5.

Is the stock expensive compared with its industry?

Ans. Its P/E of 24.26 is slightly below the industry average of 24.71 but above the median of 20.27. Its P/B of 6.06 is well above the industry average of 2.47.

How does it compare with major peers?

Ans. It is much smaller than peers such as Hindustan Zinc, Hindalco, Vedanta, and Hindustan Copper by market cap, but its ROE and ROCE are stronger than several of them. Its P/E sits in the middle of the peer set.

What sector does the company belong to?

Ans. It belongs to the Non – Ferrous Metals sector and the Metal – Non Ferrous industry. The stock belongs to the Non – Ferrous Metals sector. Its industry classification is Metal – Non Ferrous.