Surani Steel Tub

Why is Surani Steel Tubes Ltd falling/rising?

As of 02-Sep, Surani Steel Tubes Ltd's stock price is rising to 103.10, reflecting a 3.1% increase. This growth is driven by strong year-to-date performance, increased investor participation, and outperformance against the benchmark Sensex and its sector.

As of 02-Sep, Surani Steel Tubes Ltd's stock price is rising, currently at 103.10, which reflects a change of 3.1 (3.1%) upward. This increase can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 2.84% while the Sensex declined by 1.21%. Similarly, in the past month, the stock has risen by 3.31%, contrasting with a 1.92% drop in the Sensex.<BR><BR>Year-to-date, Surani Steel Tubes Ltd has shown remarkable performance with a gain of 71.83%, while the Sensex has decreased by 8.48%. This strong year-to-date performance indicates a robust investor sentiment towards the stock. Additionally, the stock has outperformed its sector by 3.12% today, further supporting the upward price movement.<BR><BR>Investor participation has also increased, as evidenced by a significant rise in delivery volume, which was up by 186.89% compared to the 5-day average. This heightened interest from investors suggests confidence in the stock's future performance. Furthermore, the stock's current price is higher than its 5-day, 20-day, 50-day, and 200-day moving averages, indicating a positive trend, although it is lower than the 100-day moving average.<BR><BR>Overall, the combination of strong performance metrics, increased investor participation, and positive comparisons to the benchmark and sector contribute to the rising stock price of Surani Steel Tubes Ltd.

Which are the latest news on Surani Steel Tub?

Who are in the management team of Surani Steel Tub?

The management team of Surani Steel Tub includes Mukesh Patel and Dinesh Patel as Joint Managing Directors, Karshan Patel as Director, Hetika Kinger and Dinesh Dhanji Patel as Independent Directors, and Shwetal Maliwal as Company Secretary & Compliance Officer.

The management team of Surani Steel Tub includes the following members:<BR><BR>1. Mukesh Patel - Joint Managing Director<BR>2. Dinesh Patel - Joint Managing Director<BR>3. Karshan Patel - Director<BR>4. Hetika Kinger - Independent Director<BR>5. Dinesh Dhanji Patel - Independent Director<BR>6. Shwetal Maliwal - Company Secretary & Compliance Officer<BR><BR>If you need more information about their roles or the company, feel free to ask!

What does Surani Steel Tub do?

Surani Steel Tubes Ltd operates in the Iron & Steel Products industry as a Micro Cap company, reporting net sales of 41 Cr and a net profit of 0 Cr for the quarter ending March 2026. The company has a market cap of INR 160 Cr and a P/E ratio of 207.00.

Overview: <BR>Surani Steel Tubes Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Surani Steel Tubes Ltd was originally incorporated as a Private Limited Company on July 31, 2012, under the name "Surani Steel Private Limited." The company changed its name to "Surani Steel Tubes Private Limited" on August 13, 2018, and later converted to a Public Limited Company, adopting the name Surani Steel Tubes Limited on September 12, 2018. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 41 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 160 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 207.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.14 <BR>Return on Equity: 0.59% <BR>Price to Book: 1.22 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Surani Steel Tub?

Surani Steel Tub's peers include Shah Alloys, Sh. Bajrang All., Incredible Indus, and others, with varying management risks and growth rates. Surani Steel Tub has a below-average growth and capital structure, with a 1-year return of 14.39%, lower than Shah Alloys' 91.93% but higher than Incredible Indus' -21.32%.

Peers: The peers of Surani Steel Tub are Shah Alloys, Sh. Bajrang All., Incredible Indus, Kritika Wires, Pattech Fitwell, Maiden Forgings, Kanishk Steel, Garg Furnace, and National Fitting.<BR><BR>Quality Snapshot: Excellent management risk is observed at Garg Furnace, while Average management risk is found at Shah Alloys and National Fitting. Below Average management risk is noted for Surani Steel Tub, Sh. Bajrang All., Incredible Indus, Kritika Wires, Pattech Fitwell, Maiden Forgings, Kanishk Steel, and the rest. Growth is Excellent at Pattech Fitwell, while Good growth is seen at Garg Furnace. Below Average growth is present at Surani Steel Tub, Shah Alloys, Sh. Bajrang All., Incredible Indus, Kritika Wires, Maiden Forgings, Kanishk Steel, and the rest. Capital Structure is Excellent at National Fitting, Good at Garg Furnace, and Below Average at Surani Steel Tub, Shah Alloys, Sh. Bajrang All., Incredible Indus, Kritika Wires, Pattech Fitwell, Maiden Forgings, Kanishk Steel, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shah Alloys at 91.93%, while the lowest is Incredible Indus at -21.32%. Surani Steel Tub's 1-year return is 14.39%, which is significantly lower than Shah Alloys but higher than Incredible Indus. Additionally, peers with negative six-month returns include Incredible Indus, Kritika Wires, and the rest.

How big is Surani Steel Tub?

As of 31st August, Surani Steel Tubes Ltd has a market capitalization of 160.00 Cr, with recent net sales of 155.55 Cr and a net loss of 0.76 Cr over the last two quarters. Shareholder's funds are 121.83 Cr, and total assets are valued at 157.14 Cr.

As of 31st August, <BR><BR>Market Cap: Surani Steel Tubes Ltd has a market capitalization of 160.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest two quarters is 155.55 Cr, while the sum of Net Profit for the same period reflects a loss of 0.76 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 121.83 Cr, and Total Assets are valued at 157.14 Cr.

Is Surani Steel Tub overvalued or undervalued?

As of November 25, 2025, Surani Steel Tub is considered undervalued with an attractive valuation grade, featuring a PE ratio of 37.82, lower than peers like JSW Steel and Tata Steel, despite a year-to-date return of -57.99%.

As of 25 November 2025, the valuation grade for Surani Steel Tub has moved from very expensive to attractive, indicating a significant shift in its market perception. The company is currently assessed as undervalued. Key ratios include a PE ratio of 37.82, an EV to EBITDA of 75.89, and a PEG ratio of 0.13, which suggests that the stock may be undervalued relative to its growth potential.<BR><BR>When compared to peers, Surani Steel Tub's PE ratio is lower than that of JSW Steel, which stands at 44.38, while Tata Steel, also rated attractive, has a PE of 27.89. This comparison reinforces the notion that Surani Steel Tub is positioned favorably in terms of valuation. Despite recent underperformance, with a year-to-date return of -57.99% compared to the Sensex's 9.47%, the company's attractive valuation metrics suggest potential for recovery and growth moving forward.

How has been the historical performance of Surani Steel Tub?

Surani Steel Tub's historical performance from March 2024 to March 2025 shows increased net sales and operating profit, but rising raw material costs led to a decline in profit before tax and earnings per share. Overall, while sales improved, profitability faced challenges due to higher expenses.

Answer:<BR>The historical performance of Surani Steel Tub shows a mixed trend in its financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Surani Steel Tub reported net sales of 225.00 Cr, a significant increase from 155.14 Cr in the previous year. Total operating income also rose to 225.00 Cr from 155.14 Cr. However, raw material costs surged to 218.36 Cr from 143.04 Cr, leading to total expenditure (excluding depreciation) of 223.62 Cr, up from 154.74 Cr. Operating profit (PBDIT) improved to 3.76 Cr from 1.19 Cr, while profit before tax decreased to 0.17 Cr from 0.60 Cr. Profit after tax remained relatively stable at 0.49 Cr compared to 0.50 Cr in the prior year. The company's earnings per share (EPS) fell to 0.32 from 0.47, and the operating profit margin increased to 0.61% from 0.26%. On the balance sheet, total liabilities grew to 157.14 Cr from 134.21 Cr, while total assets also increased to 157.14 Cr from 134.21 Cr. The cash flow from operating activities showed a positive shift to 8.00 Cr from a negative 56.00 Cr, although net cash outflow was recorded at -32.00 Cr compared to a net inflow of 33.00 Cr in the previous year. Overall, while sales and operating profits improved, the increase in costs and decline in EPS indicate challenges in profitability.

Who are the top shareholders of the Surani Steel Tub?

The top shareholders of Surani Steel Tub include promoter Vijay Singla with 10.36% and public shareholder Rahul Bansal with 6.63%. Individual investors hold a combined 55.56%, with no pledged promoter holdings or mutual fund/foreign institutional investor participation.

The top shareholders of Surani Steel Tub include Vijay Singla, who is the promoter with the highest holding at 10.36%. The highest public shareholder is Rahul Bansal, holding 6.63%. Additionally, individual investors collectively hold a significant portion, accounting for 55.56% of the shares. There are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor (FII) holdings.

What is the technical trend for Surani Steel Tub?

As of June 2, 2025, Surani Steel Tub's technical trend is mildly bearish, influenced by bearish daily moving averages and mixed signals from MACD and Bollinger Bands.

As of 2 June 2025, the technical trend for Surani Steel Tub has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are mildly bearish for both weekly and monthly time frames. Daily moving averages are bearish, and the KST reflects a mildly bullish trend weekly but is mildly bearish monthly. Dow Theory shows no trend in both weekly and monthly analyses. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the mixed signals from MACD and Bollinger Bands.

When is the next results date for Surani Steel Tub?

No Upcoming Board Meetings

Has Surani Steel Tub declared dividend?

No Dividend History Available