Shriram Pistons & Rings Ltd is one of India’s leading manufacturers of engine components including pistons, rings, pins, and engine valves. With a strong market presence in the automotive industry and partnerships with global OEMs, the company has delivered consistent performance over the years. In this article, we’ll explore Shriram Pistons’ share price targets from 2025 to 2030 and analyze why this stock is gaining investor attention.
Let’s review its latest market performance, business fundamentals, and long-term projections.
Detail | Value |
---|---|
Current Price | ₹2,440.00 |
Previous Close | ₹2,445.80 |
Day's High | ₹2,500.30 |
Day's Low | ₹2,379.00 |
52-Week High | ₹2,610.00 |
52-Week Low | ₹1,662.55 |
Market Capitalization | ₹10,662 Cr |
Beta (Volatility) | 1.19 |
Book Value per Share | ₹487.06 |
Dividend Yield | 0.41% |
Face Value | ₹10 |
All-Time High | ₹2,972.80 |
All-Time Low | ₹385.00 |
Volume | 48,128 |
20D Avg Volume | 65,117 |
20D Avg Delivery (%) | 45.25% |
Shriram Pistons & Rings Ltd is a trusted name in the Indian auto components industry, manufacturing high-performance components for cars, two-wheelers, commercial vehicles, and industrial engines. The company benefits from in-house R&D, partnerships with international players, and adherence to global quality standards.
One of the top five piston manufacturers in Asia
Supplies to leading OEMs and Tier 1 companies
Focused on electric and hybrid engine technology
Strong financial fundamentals with consistent profitability
Export presence across more than 35 countries
Investor Type | Holding (%) |
---|---|
Promoters | 43.75% |
Retail & Others | 37.03% |
Other Domestic Institutions | 9.61% |
Foreign Institutions | 5.88% |
Mutual Funds | 3.73% |
The shareholding pattern shows strong promoter holding and steady interest from retail and domestic institutions, which reflects confidence in long-term growth.
Year | Minimum Target (₹) | Maximum Target (₹) |
---|---|---|
2025 | 2,480 | 2,600 |
2026 | 2,620 | 2,770 |
2027 | 2,750 | 2,900 |
2028 | 2,880 | 3,050 |
2029 | 3,000 | 3,200 |
2030 | 3,150 | 3,400 |
These targets are based on financial performance, demand in the auto sector, increasing exports, and expansion in new energy technologies.
In 2025, the share is expected to remain range-bound but stable due to high base effect.
Why?
Consistent demand from domestic OEMs
Increase in replacement market consumption
Steady delivery volumes (20D avg above 65k)
Investment Advice: Accumulate on dips; ideal for SIPs over the next 6–12 months.
Expect a gradual uptrend in 2026 with higher sales volumes and export performance.
Why?
Strong aftermarket revenue
Operational efficiency and cost control
Demand for electric and hybrid engine parts
Investment Advice: Hold with a medium-term view; good for moderate risk investors.
By 2027, strategic investments in capacity expansion may bear fruit.
Why?
Expansion into EV segment
Technology collaborations with global players
Higher beta (1.19) indicates volatility and opportunity
Investment Advice: Add on corrections and monitor quarterly earnings.
Growth is expected to continue, driven by demand from the commercial and agricultural segment.
Why?
Launch of new product lines
Export growth in Southeast Asia and Africa
Strong promoter confidence and domestic backing
Investment Advice: Continue holding for long-term wealth creation.
2029 may bring enhanced investor returns from dividend appreciation and EPS growth.
Why?
Improved profitability metrics
Potential for bonus or split due to stock price growth
Healthy ROE and ROCE
Investment Advice: Ideal for those building retirement or 10-year growth portfolios.
The company may enter the next growth cycle by 2030 with new-age mobility solutions.
Why?
Continued dominance in engine component segment
R&D-driven innovation in EV and hybrid tech
Rising global recognition and brand presence
Investment Advice: Consider for long-term holdings and portfolio stability.
Yes. Shriram Pistons is a fundamentally strong company with robust business operations, growing market share, and a forward-looking strategy in automotive technology.
Solid promoter backing (43.75%)
Exposure to the fast-growing auto and EV sectors
Regular dividend payouts and book value growth
Long-term global expansion plans
Dependence on auto industry cycles
Volatility in raw material prices
Slower adoption of EVs in certain markets
It’s always wise to consult a certified financial planner before investing.
Shriram Pistons & Rings Ltd has proven to be a consistent performer with strong fundamentals and growth outlook. Its share price, currently around ₹2,440, has room to appreciate given the future demand for high-performance and fuel-efficient engine components. Investors with a long-term vision may find this stock an excellent addition to their core portfolio.
By 2030, Shriram Pistons may cross ₹3,400, supported by innovation, expansion, and increased shareholder value. For retail investors looking for a quality mid-cap growth stock, Shriram Pistons offers both potential returns and stability.
Disclaimer: This article is for educational purposes only. Always conduct your own research or consult a professional financial advisor before making investment decisions.