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Surani Steel Tubes NSEI:SURANI Stock Report

Last Price

₹427.00

Market Cap

₹3.5b

7D

-4.2%

1Y

265.9%

Updated

25 Apr, 2024

Data

Company Financials

Surani Steel Tubes Limited

NSEI:SURANI Stock Report

Market Cap: ₹3.5b

SURANI Stock Overview

Surani Steel Tubes Limited manufactures and supplies ERW mild steel (MS) pipes and steel tubes in India.

SURANI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Surani Steel Tubes Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Surani Steel Tubes
Historical stock prices
Current Share Price₹427.00
52 Week High₹734.60
52 Week Low₹115.00
Beta0.75
1 Month Change-0.61%
3 Month Change-7.89%
1 Year Change265.90%
3 Year Change2,252.62%
5 Year Change754.00%
Change since IPO701.88%

Recent News & Updates

After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar

Mar 03
After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar

Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher

Jan 18
Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher

Recent updates

After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar

Mar 03
After Leaping 36% Surani Steel Tubes Limited (NSE:SURANI) Shares Are Not Flying Under The Radar

Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher

Jan 18
Market Participants Recognise Surani Steel Tubes Limited's (NSE:SURANI) Revenues Pushing Shares 30% Higher

Little Excitement Around Surani Steel Tubes Limited's (NSE:SURANI) Earnings As Shares Take 26% Pounding

Jun 17
Little Excitement Around Surani Steel Tubes Limited's (NSE:SURANI) Earnings As Shares Take 26% Pounding

We Think Surani Steel Tubes (NSE:SURANI) Can Stay On Top Of Its Debt

Dec 28
We Think Surani Steel Tubes (NSE:SURANI) Can Stay On Top Of Its Debt

Shareholder Returns

SURANIIN Metals and MiningIN Market
7D-4.2%4.8%2.8%
1Y265.9%63.8%46.6%

Return vs Industry: SURANI exceeded the Indian Metals and Mining industry which returned 63.2% over the past year.

Return vs Market: SURANI exceeded the Indian Market which returned 46.4% over the past year.

Price Volatility

Is SURANI's price volatile compared to industry and market?
SURANI volatility
SURANI Average Weekly Movement8.8%
Metals and Mining Industry Average Movement7.2%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: SURANI's share price has been volatile over the past 3 months.

Volatility Over Time: SURANI's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
201252Pavni Singlawww.suranisteel.com

Surani Steel Tubes Limited manufactures and supplies ERW mild steel (MS) pipes and steel tubes in India. The company’s products portfolio includes square and rectangle hollow sections for use in plumbing, water supply systems, and oil and gas transmission systems; ERW round pipes and tubes for use in irrigation, sewage systems, and boilers, as well as oil, water, and gas transmission systems; MS slit coils and strips for use in agriculture, constructional, medical, and various other engineering industries; and hot rolled MS coils for heavy duty industries. Surani Steel Tubes Limited was incorporated in 2012 and is based in Gandhinagar, India.

Surani Steel Tubes Limited Fundamentals Summary

How do Surani Steel Tubes's earnings and revenue compare to its market cap?
SURANI fundamental statistics
Market cap₹3.54b
Earnings (TTM)₹16.18m
Revenue (TTM)₹1.29b

218.6x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SURANI income statement (TTM)
Revenue₹1.29b
Cost of Revenue₹1.23b
Gross Profit₹63.33m
Other Expenses₹47.14m
Earnings₹16.18m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.95
Gross Margin4.90%
Net Profit Margin1.25%
Debt/Equity Ratio0%

How did SURANI perform over the long term?

See historical performance and comparison
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