Risk factor
Very vulnerable to price shocks
Profitability factor
Very strong margins and returns
About
Operating from its base in India, Shriram Pistons & Rings Limited specializes in the production and supply of a comprehensive range of automotive components. Its core offerings include pistons, piston pins, piston rings, and engine valves. The company further provides cylinder liners, crankshafts, connecting rods, cylinder heads, lubricating oils, a variety of filters (fuel, air, cabin, and hydraulic), and cylinder head gaskets. Beyond domestic sales, Shriram Pistons & Rings actively exports its products, serving Original Equipment Manufacturers (OEMs) in diverse sectors such as passenger and commercial vehicles, cars/SUVs, two and three-wheelers, tractors, off-highway vehicles, and industrial engines. Established in 1963, the firm's headquarters are located in New Delhi.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of SHRIPISTON.NS is 4850 and suggests 4.75% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral reco