Risk factor
Very vulnerable to price shocks
Profitability factor
Very strong margins and returns
About
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, and lubricating oils; fuel, air, cabin, and hydraulic filters; and cylinder head gaskets. It also exports its products. The company serves OEMs operating in the passenger and commercial vehicles, cars/SUVs, two and three wheelers, tractors, off-highway vehicles, and industrial engines markets. The company was incorporated in 1963 and is headquartered in New Delhi, India.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,
Target Price
The average target price of SHRIPISTON.NS is 3050 and suggests 16% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendati
Buy
Sell