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1 Comment
Shriram Pistons & Rings Limited is currently in a long term uptrend where the price is trading 31.5% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.2.
Shriram Pistons & Rings Limited's total revenue rose by 22.9% to $5B since the same quarter in the previous year.
Its net income has increased by 301.8% to $501M since the same quarter in the previous year.
Based on the above factors, Shriram Pistons & Rings Limited gets an overall score of 4/5.
CurrencyCode | INR |
---|---|
ISIN | INE526E01018 |
Sector | Consumer Cyclical |
Industry | Auto Parts |
Exchange | NSE |
Target Price | 2850 |
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Beta | 0.72 |
PE Ratio | 20.72 |
Dividend Yield | 0.5% |
Market Cap | 99B |
Shriram Pistons & Rings Limited manufactures and sells automotive components in India. It offers pistons, piston pins, piston rings, and engine valves. The company also provides cylinder liners; crankshafts; connecting rods; cylinder heads; lubricating oils; fuel, air, cabin, and hydraulic filters; and gaskets, including copper asbestos copper, aluminium asbestos aluminium, multilayer steel, asbestos steel asbestos, and cylinder head gaskets. In addition, it offers electric motors and motor controllers; and precision injection moulded parts. The company also exports its products. It serves OEMs operating in the passenger and commercial vehicles, cars/SUVs, two and three wheelers, tractors, off-highway vehicles, and industrial and railway engines, as well as various defense and industrial applications. Additionally, the company manufactures and supplies gravity die casting moulds. The company was incorporated in 1963 and is headquartered in New Delhi, India.
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