SURANI

Surani Steel Tubes Share Price

₹298.00
+ 7.9 (2.72%)
18 September, 2024 02:41 BSE: NSE: SURANI ISIN: INE01ZJ01015

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Surani Steel Tubes Performance

Day Range

  • Low 295
  • High 319
₹ 298

52 Week Range

  • Low 243
  • High 735
₹ 298
  • Open Price319
  • Previous Close290
  • Volume2600

Surani Steel Tubes Chart

  • Over 1 Month + 19.2%
  • Over 3 Month -19.88%
  • Over 6 Month -40.76%
  • Over 1 Year -3.9%

Surani Steel Tubes Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr
Price to Book Ratio 4.2
EPS 0.5
Dividend 0
Relative Strength Index 48.25
Money Flow Index 58.68
MACD Signal -3.2
Average True Range 16.07

Surani Steel Tubes Investment Rating

  • Master Rating:
  • Surani Steel Tubes has an operating revenue of Rs. 522.07 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 0% needs improvement, ROE of 0% is poor and needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 12 which is a POOR score indicating inconsistency in earnings, a RS Rating of 5 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 133 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of D is close to being the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Surani Steel Tubes Financials
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 156124
Operating Expenses Annual Cr 155123
Operating Profit Annual in Cr 00
Depreciation Cr 01
Interest Annual Cr 01
Tax Annual Cr 00
Net Profit Annual Cr 1-2
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -57-2
Cash from Investing Activity Annual Cr -57
Cash from Financing Annual Activity Cr 96-5
Net Cash Flow Annual Cr 340
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8823
Fixed Assets Annual Cr 105
Total Non Current Assets Annual Cr 115
Total Current Assets Annual Cr 12337
Total Assets Annual Cr 13441
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 8328
ROE Annual % 1-8
ROCE Annual % 1-2
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 10
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Surani Steel Tubes Technicals

EMA & SMA

Current Price
₹298.00
+ 7.9 (2.72%)
pointer
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹299.12
  • 50 Day
  • ₹314.21
  • 100 Day
  • ₹342.99
  • 200 Day
  • ₹349.02
  • 20 Day
  • ₹301.66
  • 50 Day
  • ₹309.54
  • 100 Day
  • ₹347.13
  • 200 Day
  • ₹401.21

Surani Steel Tubes Resistance and Support

PIVOT
₹304.
Resistance
First Resistance 313.00
Second Resistance 328.00
Third Resistance 337.00
RSI 48.25
MFI 58.68
MACD Single Line -3.20
MACD -3.20
Support
First Support 289.00
Second Support 280.00
Third Supoort 265.00

Surani Steel Tubes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,600 160,004 61.54
Week 2,640 179,995 68.18
1 Month 5,345 395,457 73.98
6 Month 10,745 806,176 75.03

Surani Steel Tubes Result Highlights

Surani Steel Tubes Synopsis

NSE-Steel-Producers

Surani Steel Tubes is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 123.60 Cr. and Equity Capital is Rs. 8.28 Cr. for the Year ended 31/03/2023. Surani Steel Tubes Ltd. is a Public Limited Listed company incorporated on 31/07/2012 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27109GJ2012PLC071373 and registration number is 071373.
Market Cap 361
Sales 155
Shares in Float 0.76
No of funds
Yield
Book Value 3.49
U/D Vol ratio 0.2
LTDebt / Equity
Alpha -0.11
Beta 0.92

Surani Steel Tubes Shareholding Pattern

Owner NameJun-24Mar-24
Promoters 39.02%44.93%
Individual Investors 53.23%47.07%
Others 7.75%8%

Surani Steel Tubes Management

Name Designation
Mr. Vijay Singla Managing Director
Mr. Chetan Singla Joint Managing Director
Ms. Pavni Singla Additional Director
Mr. Gurpreet Singh Bhatia Ind. Non-Executive Director
Mrs. Sangeeta Mehtani Ind. Non-Executive Director
Mr. Kailash Garg Ind. Non-Executive Director

Surani Steel Tubes Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Surani Steel Tubes Corporate Action

Date Purpose Remarks
2024-05-28 Audited Results
2023-05-26 Audited Results
2023-05-10 Others To consider Fund Raising
2022-11-14 Quarterly Results
2022-02-16 Others To consider other business matters regarding to sale of property situated at Survey No. 107, 104, 105, Village. Sujana Muvada, Sampa- Lavada road, Tal. Dahegam, District. Gandhinagar, Gujarat-382315.

Surani Steel Tubes MF Shareholding

Name Amount(cr)

Surani Steel Tubes FAQs

What is Share Price of Surani Steel Tubes ?

Surani Steel Tubes share price is ₹298 As on 18 September, 2024 | 02:27

What is the Market Cap of Surani Steel Tubes ?

The Market Cap of Surani Steel Tubes is ₹370.8 Cr As on 18 September, 2024 | 02:27

What is the P/E ratio of Surani Steel Tubes ?

The P/E ratio of Surani Steel Tubes is As on 18 September, 2024 | 02:27

What is the PB ratio of Surani Steel Tubes ?

The PB ratio of Surani Steel Tubes is 4.2 As on 18 September, 2024 | 02:27

Q2FY23
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