
Surani Steel Tubes Ltd. (SURANI-SM): Surani Steel Tubes Share Price rises 12% to Rs 98 on 17 September 2026
Updated: 17 Sept 2026 • 11:19 am
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Surani Steel Tubes Share Price moved higher today, with the stock closing at Rs 98 after a 12% rise from the previous close of Rs 87.5. The company’s market capitalisation stands at Rs 136.05 crore, placing the move in a clear market-cap context for Surani Steel Tubes Ltd. The day’s open was Rs 87.5, the low was Rs 87.5 and the high reached Rs 99.5. The supplied data confirms the price event, but it does not establish a company-specific catalyst. For readers tracking Surani Steel Tubes Share Price Today, the key takeaway is that the stock is now trading well above its previous close while remaining within the day’s recorded range. Univest is covering the move as part of its broader Surani Steel Tubes Stock News and share price update coverage.
The turnover for the session was Rs 0.05 crore, which is a factual traded-value measure and should be read alongside the price move rather than as a signal of behaviour or participation. On a day when stocks in news often reflect company-specific developments or sector sentiment, the verified numbers here only confirm the price rise and the closing level. Investors following Surani Steel Tubes Share Price Live can use these figures as the starting point for further company and sector analysis on Univest.
Surani Steel Tubes Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 98 |
| Previous Close | Rs 87.5 |
| Today's Move | Rs 10.5 (+12%) |
| Open | Rs 87.5 |
| High | Rs 99.5 |
| Low | Rs 87.5 |
| Turnover | Rs 0.05 crore |
| Market Capitalisation | Rs 136.05 crore |
| Market Cap Category | Micro Cap |
Surani Steel Tubes Ltd. (SURANI-SM) rose to Rs 98 from the previous close of Rs 87.5, a move of Rs 10.5 or 12%. The stock opened at Rs 87.5, reached a high of Rs 99.5, recorded a low of Rs 87.5.
Surani Steel Tubes Share Price Today ended at Rs 98, up Rs 10.5 or 12% from the previous close of Rs 87.5. The session opened at Rs 87.5, matched the low at Rs 87.5 and touched an intraday high of Rs 99.5. That means the stock spent the day within a fairly tight recorded range around the opening level before finishing near the upper end of the session. The available data confirms the price rise, but it does not identify a company-specific reason for the move. For Surani Steel Tubes Stock News readers, the event is relevant because the day’s gain is large relative to the starting point and has pushed Surani Steel Tubes Share Price back into active market discussion.
Surani Steel Tubes Ltd. (SURANI-SM) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 136.05 crore |
| P/E Ratio | 66.49x |
| P/B Ratio | 1.1x |
| ROE | 0.55% |
| ROCE | 0.13% |
| EPS | Rs 1.32 |
| Book Value Per Share | Rs 79.68 |
| Dividend Yield | 0% |
Surani Steel Tubes Ltd. (SURANI-SM) fundamental metrics show P/E 66.49x, P/B 1.1x, ROE 0.55%, ROCE 0.13%. These figures provide context only and are not a buy or sell signal.
Surani Steel Tubes Ltd. has a market capitalisation of Rs 136.05 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 66.49x, P/B at 1.1x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 0.55% and ROCE of 0.13%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 1.32, book value per share of Rs 79.68, dividend yield of 0%, 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 19.77x, median ROE of 9.28%, median ROCE of 12.22%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 66.49x |
| Benchmark Median P/E | 19.77x |
| Benchmark Average P/E | 35.41x |
| Benchmark P/E Range | 0.45x to 586.5x |
| Company P/B Ratio | 1.1x |
| Benchmark Median P/B | 1.64x |
| Company ROE | 0.55% |
| Benchmark Median ROE | 9.28% |
| Company ROCE | 0.13% |
| Benchmark Median ROCE | 12.22% |
| Company Market Capitalisation | Rs 136.05 crore |
| Benchmark Median Market Cap | Rs 320.95 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 66.49x, which is above the benchmark median of 19.77x, a difference of +236.32%. 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 0.55%, which is below the benchmark median of 9.28%, a difference of -94.07%. Surani Steel Tubes Ltd. (SURANI-SM) has a ROCE of 0.13%, which is below the benchmark median of 12.22%, a difference of -98.94%.
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 (%) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd. | JSWSTEEL | 3,00,790.84 | 12.32 | 2.92 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,28,946.58 | 20.69 | 2.22 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 71,520.05 | 16.73 | 1.15 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 63,675.1 | 27.67 | 6.67 | 19.55 | 23.94 |
| Jindal Stainless Ltd. | JSL | 59,737.44 | 18.54 | 2.95 | 17.51 | 19.19 |
Surani Steel Tubes Ltd. (SURANI-SM) has a P/E ratio of 66.49x compared with the displayed peer median of 18.54x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0.55% compares with a peer median of 17.51% across the companies shown in the table. ROCE stood at 0.13% versus the displayed peer median of 19.19%, providing a capital-efficiency comparison. Surani Steel Tubes Ltd. (SURANI-SM) has a market capitalisation of Rs 136.05 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Surani Steel Tubes
- Surani Steel Tubes Share Price rose 12% today and closed at Rs 98 after opening at Rs 87.5.
- The day’s high was Rs 99.5 and the low was Rs 87.5, showing the full recorded range for the session.
- Market capitalisation stands at Rs 136.05 crore, which is below the same-industry median of Rs 320.95 crore.
- P/E is 66.49, above the same-industry median of 19.77 and average of 35.41.
- EPS is Rs 1.32, book value is Rs 79.68 and dividend yield is 0, giving a basic financial context for Surani Steel Tubes Share Price.
About Surani Steel Tubes
Surani Steel Tubes Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. Based on the supplied company classification, the business belongs to a manufacturing and metal products context where steel-based products are the core operating theme. For readers following Surani Steel Tubes Share Price, the most important background is that the company sits within a broad industrial segment where valuation, profitability and scale can vary sharply across listed peers.
The company’s current market capitalisation of Rs 136.05 crore indicates a comparatively smaller listed presence versus many established steel-sector names in the same industry dataset. Univest tracks this company as part of its Surani Steel Tubes Stock News and company overview coverage.
Track Surani Steel Tubes Share Price on Univest
Use Surani Steel Tubes Ltd. (SURANI-SM) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Investors tracking Surani Steel Tubes Share Price can use Univest to follow live share price updates, valuation ratios, shareholding pattern, sector context, 52-week levels and company insights in one place. The platform brings together Surani Steel Tubes Share Price Today, Surani Steel Tubes Stock Analysis and key financial ratios in a simple format for ongoing monitoring.
Univest also helps readers compare Surani Steel Tubes Share Price with relevant peers in the same industry and review the latest financial context without relying on scattered sources. For users watching Indian Stock Market updates or Stocks Rising Today, this page can serve as a quick reference point for the stock’s movement and fundamentals.
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
Why did Surani Steel Tubes Share Price rise today?
Ans. Surani Steel Tubes Share Price rose 12% to Rs 98, but the supplied data does not establish a company-specific catalyst. The session also recorded a high of Rs 99.5 and a low of Rs 87.5.
What is Surani Steel Tubes Share Price Today?
Ans. Surani Steel Tubes Share Price Today is Rs 98. It gained Rs 10.5, or 12%, from the previous close of Rs 87.5, which places the stock among the day’s notable market movers.
What is Surani Steel Tubes market capitalisation?
Ans. Surani Steel Tubes has a market capitalisation of Rs 136.05 crore. That is below the same-industry median of Rs 320.95 crore and below the benchmark average of Rs 7,761.46 crore.
How is Surani Steel Tubes valued on P/E and P/B?
Ans. The stock’s P/E is 66.49 and P/B is 1.1. In the same-industry dataset, that means the earnings multiple is above the median, while the book-value multiple is below the median.
What do Surani Steel Tubes earnings metrics show?
Ans. Surani Steel Tubes reports EPS of Rs 1.32, book value of Rs 79.68 and dividend yield of 0. These figures give a basic earnings and balance-sheet context for the current share price.
How do ROE and ROCE compare with the sector?
Ans. ROE is 0.55 and ROCE is 0.13. Both are below the same-industry medians of 9.28 and 12.22, respectively, which places the company below the sector benchmark on these return measures.
How does Surani Steel Tubes compare with peers?
Ans. Among the listed peers, Surani Steel Tubes has a much smaller market cap and a higher P/E than each comparison company. Its ROE and ROCE are also below the peer set shown in the data.
Can investors track Surani Steel Tubes on Univest?
Ans. Yes. Univest tracks Surani Steel Tubes Share Price, valuation ratios, shareholding pattern, sector context and 52-week levels. It also helps users compare the stock with peers in the same industry.
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