Surani Steel Tubes Ltd (SURANI) is currently trading at 87.50 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 is a key player in manufacturing Electric Resistance Welding Mild Steel (ERW MS) pipes. The company offers a wide range of pipe specifications, known for their quality, validated by multiple standard certifications. Operating from Gujarat, Surani Steel uses advanced technology including UT and Hydro testing machines to ensure high-quality output from raw materials to finished goods. A significant part of the Vinayak Group, Surani Steel has expanded its product line to include pipes from 100NB to 300NB, enhancing their market reach and meeting a broad range of engineering needs. Their transition from a private entity to a public limited company was marked by a public issue in 2018, raising significant capital for its operations.

Over the past 52 weeks, Surani Steel Tubes Ltd has traded between a low of ₹47.30 and a high of ₹143.60. 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 136.05. 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 66.69 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 136.05 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 66.69. 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.