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Surani Steel Tubes (NSE:SURANI) Market Cap : ₹1,349 Mil (As of Apr. 22, 2025)


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What is Surani Steel Tubes Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Surani Steel Tubes's share price for the quarter that ended in Sep. 2024 was ₹275.15. Surani Steel Tubes's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 12 Mil. Therefore, Surani Steel Tubes's market cap for the quarter that ended in Sep. 2024 was ₹3,192 Mil.

Surani Steel Tubes's quarterly market cap increased from Sep. 2023 (₹2,272 Mil) to Mar. 2024 (₹4,557 Mil) but then declined from Mar. 2024 (₹4,557 Mil) to Sep. 2024 (₹3,192 Mil).

Surani Steel Tubes's annual market cap increased from Mar. 2022 (₹381 Mil) to Mar. 2023 (₹444 Mil) and increased from Mar. 2023 (₹444 Mil) to Mar. 2024 (₹4,557 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Surani Steel Tubes's Enterprise Value for Today is ₹1,120 Mil.


Surani Steel Tubes Market Cap Historical Data

The historical data trend for Surani Steel Tubes's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Surani Steel Tubes Market Cap Chart

Surani Steel Tubes Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 187.22 158.22 381.06 444.44 4,557.20

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 223.67 444.44 2,271.71 4,557.20 3,192.02

Competitive Comparison of Surani Steel Tubes's Market Cap

For the Steel subindustry, Surani Steel Tubes's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Surani Steel Tubes's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Surani Steel Tubes's Market Cap distribution charts can be found below:

* The bar in red indicates where Surani Steel Tubes's Market Cap falls into.


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Surani Steel Tubes Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Surani Steel Tubes's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹428.55*10.634
=₹4,557

Surani Steel Tubes's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=₹275.15*11.601
=₹3,192

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Surani Steel Tubes  (NSE:SURANI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Surani Steel Tubes Market Cap Related Terms

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Surani Steel Tubes Business Description

Traded in Other Exchanges
N/A
Address
Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and Brochures. Geographically, it operates only in India.

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