Surani Steel Tubes Ltd (SURANI) is currently trading at 144.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Surani Steel Tubes Limited manufactures Electric Resistance Welded (ERW) mild steel pipes, square and rectangular hollow sections, and trades in hot rolled coil and HR slit coils from a modern production facility in Gujarat, serving commercial, structural and engineering sectors across India; the company listed on NSE EMERGE and incorporated a wholly owned UK subsidiary, SSTUK Limited, in 2025. The company reported a striking consolidated turnaround in the half year: profit after tax of ₹211.34 lakhs versus a consolidated loss in the prior comparable period, largely driven by an exceptional gain of ₹138.82 lakhs recognised on current investments as fair values recovered, which materially shifted reported earnings and PBT in this period. Balance-sheet movements are notable: cash fell to only ₹11.09 lakhs standalone, while short-term loans and advances swelled to ₹7,118.89 lakhs and trade receivables jumped to ₹2,717.99 lakhs, indicating substantial working capital reallocations or related-party/financing activity; simultaneously the company repaid ₹3,456.80 lakhs of short-term borrowings, evidencing active deleveraging and liquidity rebalancing. Operational investment signals are modest but visible: capital expenditure of ₹82.02 lakhs during the period and capital work-in-progress rising to ₹79.85 lakhs suggest selective capacity or tooling additions, while international expansion via SSTUK Limited points to strategic intent to explore export or overseas commercial activity despite the company remaining primarily India-focused.

Over the past 52 weeks, Surani Steel Tubes Ltd has traded between a low of ₹47.30 and a high of ₹174.25. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Surani Steel Tubes Ltd has a market capitalization of approximately 223.89. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Surani Steel Tubes Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 38.14 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 223.89 Cr, Surani Steel Tubes Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Surani Steel Tubes Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Surani Steel Tubes Ltd is 38.14. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Surani Steel Tubes shareholders approved a special resolution for the preferential issuance of up to 98 lakh fully convertible warrants. The proposed allottees include a promoter-group entity and persons in the non-promoter, public category. The vote took place at the October 30, 2026 EGM.

Surani Steel Tubes' EGM is scheduled for October 30, 2026, at 11:00 a.m. IST. The meeting is to be conducted through video conferencing or other audio-visual means.