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- SHRIPISTON
SHRIPISTON
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- 5D
- 1M
- 6M
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Summary
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Recent events
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News
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Corporate Actions
Shriram Pistons & Rings To Acquire 100% Equity Stake In Karna Intertech
March 7 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
TO ACQUIRE 100% EQUITY STAKE IN KARNA INTERTECH
COST OF ACQUISITION 50 MILLION RUPEES
Source text: ID:nNSE7vT5Sj
Further company coverage: SHIE.NS
(([email protected];;))
March 7 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
TO ACQUIRE 100% EQUITY STAKE IN KARNA INTERTECH
COST OF ACQUISITION 50 MILLION RUPEES
Source text: ID:nNSE7vT5Sj
Further company coverage: SHIE.NS
(([email protected];;))
Shriram Pistons & Rings Got Order Seeking Tax Demand Of 29.7 Mln Rupees
Feb 28 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - GOT ORDER SEEKING TAX DEMAND OF 29.7 MILLION RUPEES
Source text: ID:nBSE1B8RHQ
Further company coverage: SHIE.NS
(([email protected];))
Feb 28 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - GOT ORDER SEEKING TAX DEMAND OF 29.7 MILLION RUPEES
Source text: ID:nBSE1B8RHQ
Further company coverage: SHIE.NS
(([email protected];))
Shriram Pistons & Rings Unit To Acquire 100% Shareholding In TGPEL
Dec 24 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - SEL TO ACQUIRE 100% SHAREHOLDING IN TGPEL
SHRIRAM PISTONS & RINGS LTD - SEL COMPLETES ACQUISITION OF TGPEL
Source text: ID:nNSE3zxrFg
Further company coverage: SHIE.NS
(([email protected];;))
Dec 24 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - SEL TO ACQUIRE 100% SHAREHOLDING IN TGPEL
SHRIRAM PISTONS & RINGS LTD - SEL COMPLETES ACQUISITION OF TGPEL
Source text: ID:nNSE3zxrFg
Further company coverage: SHIE.NS
(([email protected];;))
Asahi India Glass Says Co, Shareholders In TGPEL Precision Engineering Sign Agreement With SPR Engenious
Dec 10 (Reuters) - Asahi India Glass Ltd AISG.NS:
ASAHI INDIA GLASS- CO, SHAREHOLDERS IN TGPEL PRECISION ENGINEERING SIGN AGREEMENT WITH SPR ENGENIOUS
ASAHI INDIA GLASS LTD -AGREEMENT FOR SALE OF ITS 30% STAKE IN TGPEL
ASAHI INDIA GLASS LTD - DEAL AT 660 MILLION RUPEES
Source text: ID:nBSEb4XTRx
Further company coverage: AISG.NS
(([email protected];))
Dec 10 (Reuters) - Asahi India Glass Ltd AISG.NS:
ASAHI INDIA GLASS- CO, SHAREHOLDERS IN TGPEL PRECISION ENGINEERING SIGN AGREEMENT WITH SPR ENGENIOUS
ASAHI INDIA GLASS LTD -AGREEMENT FOR SALE OF ITS 30% STAKE IN TGPEL
ASAHI INDIA GLASS LTD - DEAL AT 660 MILLION RUPEES
Source text: ID:nBSEb4XTRx
Further company coverage: AISG.NS
(([email protected];))
Shriram Pistons & Rings Says Executed Renewal Of Technical Collaboration Agreement With Fuji Oozx
Dec 5 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS - EXECUTED RENEWAL OF TECHNICAL COLLABORATION AGREEMENT WITH FUJI OOZX
SHRIRAM PISTONS & RINGS - AGREEMENT FOR FIVE YEARS EFFECTIVE FROM DECEMBER 5, 2024
Further company coverage: SHIE.NS
(([email protected];))
Dec 5 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS - EXECUTED RENEWAL OF TECHNICAL COLLABORATION AGREEMENT WITH FUJI OOZX
SHRIRAM PISTONS & RINGS - AGREEMENT FOR FIVE YEARS EFFECTIVE FROM DECEMBER 5, 2024
Further company coverage: SHIE.NS
(([email protected];))
Shriram Pistons & Rings Sept-Quarter Consol Net Profit 1.25 Bln Rupees
Oct 28 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.25 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.77 BILLION RUPEES
Source text: ID:nNSEbTGgNT
Further company coverage: SHIE.NS
(([email protected];;))
Oct 28 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.25 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.77 BILLION RUPEES
Source text: ID:nNSEbTGgNT
Further company coverage: SHIE.NS
(([email protected];;))
Shriram Pistons & Rings June-Quarter Consol Net Profit 1.15 Billion Rupees
July 25 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS JUNE-QUARTER CONSOL NET PROFIT 1.15 BILLION RUPEES
SHRIRAM PISTONS & RINGS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.37 BILLION RUPEES
Further company coverage: SHIE.NS
(([email protected];))
July 25 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS JUNE-QUARTER CONSOL NET PROFIT 1.15 BILLION RUPEES
SHRIRAM PISTONS & RINGS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.37 BILLION RUPEES
Further company coverage: SHIE.NS
(([email protected];))
Shriram Pistons & Rings Final Dividend 10 Rupees Per Share
May 13 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - FINAL DIVIDEND 10 RUPEES PER SHARE
SHRIRAM PISTONS & RINGS LTD - RE-APPOINTS KRISHNAKUMAR SRINIVASAN AS CEO, MD
Source text for Eikon: ID:nNSEb7v4Sn
Further company coverage: SHIE.NS
(([email protected];))
May 13 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - FINAL DIVIDEND 10 RUPEES PER SHARE
SHRIRAM PISTONS & RINGS LTD - RE-APPOINTS KRISHNAKUMAR SRINIVASAN AS CEO, MD
Source text for Eikon: ID:nNSEb7v4Sn
Further company coverage: SHIE.NS
(([email protected];))
Shriram Pistons & Rings Unit Starts Manufacturing Operations At Manufacturing Facility In Madhya Pradesh
March 27 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS - UNIT STARTED ITS MANUFACTURING OPERATIONS AT ITS MANUFACTURING FACILITY IN MADHYA PRADESH
Source text for Eikon: [ID:]
Further company coverage: SHIE.NS
(([email protected];;))
March 27 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS - UNIT STARTED ITS MANUFACTURING OPERATIONS AT ITS MANUFACTURING FACILITY IN MADHYA PRADESH
Source text for Eikon: [ID:]
Further company coverage: SHIE.NS
(([email protected];;))
'Last man standing' Shriram Pistons surges as Emkay starts with 'buy'
** India's Shriram Pistons & Rings SHIE.NS surges ~12%, set for its biggest one-day jump since mid-2017 listing
** Emkay Global starts coverage of the auto parts maker with "buy", becoming the first brokerage to cover SHIE, per LSEG data
** Sets PT of 2,450 rupees, upside of 70% over last close and vs current price of 1,614.55 rupees
** Emkay says curtailment of fresh investments in ICE parts globally, export tailwinds for India provide room for SHIE to grow as "the last man standing" in its domain
** Broker notes SHIE has ~40-45% market share in ICE and over 90% in CNG; Expects EV products, powertrain-agnostic parts at ~10% of FY26 sales
** Stock up ~11% YTD; had risen 37-40% in 2021, 2022 before rocketing 154% last year
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** India's Shriram Pistons & Rings SHIE.NS surges ~12%, set for its biggest one-day jump since mid-2017 listing
** Emkay Global starts coverage of the auto parts maker with "buy", becoming the first brokerage to cover SHIE, per LSEG data
** Sets PT of 2,450 rupees, upside of 70% over last close and vs current price of 1,614.55 rupees
** Emkay says curtailment of fresh investments in ICE parts globally, export tailwinds for India provide room for SHIE to grow as "the last man standing" in its domain
** Broker notes SHIE has ~40-45% market share in ICE and over 90% in CNG; Expects EV products, powertrain-agnostic parts at ~10% of FY26 sales
** Stock up ~11% YTD; had risen 37-40% in 2021, 2022 before rocketing 154% last year
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India's Shriram Pistons & Rings hits record high on block deals
** Shares of Shriram Pistons & Rings SHIE.NS rise as much as 5% to 1,605.20 rupees, hits a record high
** About 138,470 shares change hands in three block deals for 1585.25-1605.20 rupees apiece, per LSEG data
** SHIE shares, last up 4.6%, on track for third consecutive session of gains, if trend holds
** More than 573,900 shares change hands, 2.4x the 30-day avg
** Stock more than doubled in 2023, posting third straight yearly gains
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Shriram Pistons & Rings SHIE.NS rise as much as 5% to 1,605.20 rupees, hits a record high
** About 138,470 shares change hands in three block deals for 1585.25-1605.20 rupees apiece, per LSEG data
** SHIE shares, last up 4.6%, on track for third consecutive session of gains, if trend holds
** More than 573,900 shares change hands, 2.4x the 30-day avg
** Stock more than doubled in 2023, posting third straight yearly gains
(Reporting by Dimpal Gulwani in Bengaluru)
India's Shriram Pistons locked in upper circuit after block deal
** Shares of Shriram Pistons & Rings SHIE.NS locked in upper circuit, rising 5% to 1,158.75 rupees
** Stock up after 3.9 mln shares change hands in a single block deal vs 30-day moving avg of ~189,000 shares, data on NSE showed
** Deal priced at the last close of 1,103.60 rupees
** Stock more than doubled YTD
(Reporting by Kashish Tandon)
** Shares of Shriram Pistons & Rings SHIE.NS locked in upper circuit, rising 5% to 1,158.75 rupees
** Stock up after 3.9 mln shares change hands in a single block deal vs 30-day moving avg of ~189,000 shares, data on NSE showed
** Deal priced at the last close of 1,103.60 rupees
** Stock more than doubled YTD
(Reporting by Kashish Tandon)
India's Shriram Pistons gains on strong Q2 results
** Shares of Shriram Pistons & Rings SHIE.NS rise 5% to 1,054.75 rupees
** Co on Monday reported 56% surge in Q2 profit, lifted by strong sales, with revenue surging 15%
** About 362,000 shares change hands, 18x 30-day avg
** SHIE shares have nearly doubled so far this year
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 8061822737); Reuters Messaging: [email protected]))
** Shares of Shriram Pistons & Rings SHIE.NS rise 5% to 1,054.75 rupees
** Co on Monday reported 56% surge in Q2 profit, lifted by strong sales, with revenue surging 15%
** About 362,000 shares change hands, 18x 30-day avg
** SHIE shares have nearly doubled so far this year
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 8061822737); Reuters Messaging: [email protected]))
India's Shriram Pistons & Rings Sept-Quarter Consol Net Profit Rises
Nov 6 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
INDIA'S SHRIRAM PISTONS & RINGS SEPT-QUARTER CONSOL NET PROFIT 1.14 BILLION RUPEES VERSUS PROFIT 729.8 MILLION RUPEES
SHRIRAM PISTONS & RINGS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.52 BILLION RUPEES VERSUS 6.52 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: SHIE.NS
(([email protected];))
Nov 6 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
INDIA'S SHRIRAM PISTONS & RINGS SEPT-QUARTER CONSOL NET PROFIT 1.14 BILLION RUPEES VERSUS PROFIT 729.8 MILLION RUPEES
SHRIRAM PISTONS & RINGS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.52 BILLION RUPEES VERSUS 6.52 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: SHIE.NS
(([email protected];))
Shriram Pistons & Rings Says Ks Kolbenschmidt GmbH, Germany, Expresses Intention To Sell 20.32% Stake In Co
July 28 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
KS KOLBENSCHMIDT GMBH, GERMANY, EXPRESSES INTENTION TO SELL 20.32% STAKE IN CO
Source text for Eikon: ID:nNSE87dCZ8
Further company coverage: SHIE.NS
(([email protected];;))
July 28 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
KS KOLBENSCHMIDT GMBH, GERMANY, EXPRESSES INTENTION TO SELL 20.32% STAKE IN CO
Source text for Eikon: ID:nNSE87dCZ8
Further company coverage: SHIE.NS
(([email protected];;))
Shriram Pistons & Rings Approves Bonus Issue Of Equity Shares In Proportion Of 1:1
June 13 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - APPROVED BONUS ISSUE OF EQUITY SHARES IN PROPORTION OF 1:1
Source text for Eikon: ID:nNSE8syp46
Further company coverage: SHIE.NS
(([email protected];))
June 13 (Reuters) - Shriram Pistons & Rings Ltd SHIE.NS:
SHRIRAM PISTONS & RINGS LTD - APPROVED BONUS ISSUE OF EQUITY SHARES IN PROPORTION OF 1:1
Source text for Eikon: ID:nNSE8syp46
Further company coverage: SHIE.NS
(([email protected];))
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Popular questions
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What does Shriram Pistons do?
Shriram Pistons & Rings (SPR) is a highly respected industrial house in India, known for manufacturing and exporting Pistons, Rings, and Engine Valves to OEMs in India, Europe, and Asia.
Who are the competitors of Shriram Pistons?
Shriram Pistons major competitors are Sansera Engineering, Federal-Mogul Goetze, Precision Camshafts, Talbros Auto Compont, India Nipon Electric, IST, Rico Auto Inds. Market Cap of Shriram Pistons is ₹8,390 Crs. While the median market cap of its peers are ₹1,634 Crs.
Is Shriram Pistons financially stable compared to its competitors?
Shriram Pistons seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Shriram Pistons pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Shriram Pistons latest dividend payout ratio is 9.95% and 3yr average dividend payout ratio is 11.56%
How has Shriram Pistons allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Shriram Pistons balance sheet?
Balance sheet of Shriram Pistons is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Shriram Pistons improving?
Yes, profit is increasing. The profit of Shriram Pistons is ₹480 Crs for TTM, ₹443 Crs for Mar 2024 and ₹293 Crs for Mar 2023.
Is the debt of Shriram Pistons increasing or decreasing?
Yes, The debt of Shriram Pistons is increasing. Latest debt of Shriram Pistons is -₹552.03 Crs as of Sep-24. This is greater than Mar-24 when it was -₹1,268.98 Crs.
Is Shriram Pistons stock expensive?
Shriram Pistons is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Shriram Pistons is 17.49, while 3 year average PE is 20.4. Also latest EV/EBITDA of Shriram Pistons is 11.34 while 3yr average is 8.14.
Has the share price of Shriram Pistons grown faster than its competition?
Shriram Pistons has given better returns compared to its competitors. Shriram Pistons has grown at ~75.21% over the last 3yrs while peers have grown at a median rate of 15.39%
Is the promoter bullish about Shriram Pistons?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Shriram Pistons is 43.75% and last quarter promoter holding is 43.75%.
Are mutual funds buying/selling Shriram Pistons?
The mutual fund holding of Shriram Pistons is increasing. The current mutual fund holding in Shriram Pistons is 3.36% while previous quarter holding is 2.93%.