Shanthi Gears Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
36.37% Gain from 52W Low
12.4
TTM PE Ratio
Below industry Median
51
Price to Book Ratio
High in industry
12.2
Dividend yield 1yr %
Above industry Median
0.9
TTM PEG Ratio
PEG TTM is much higher than 1
2.3
RSI
RSI is mid-range
51.6
MFI
MFI is mid-range
53.9

Shanthi Gears Ltd shareholding Pattern

Promoter
70.5%
Foreign Institutions
3.5%
Mutual Funds
0.2%
Domestic Institutions
0.5%
Public
25.5%
Promoter
70.5%
Foreign Institutions
3.4%
Mutual Funds
0.3%
Domestic Institutions
0.6%
Public
25.5%
Promoter
70.5%
Foreign Institutions
3.6%
Mutual Funds
0.3%
Domestic Institutions
0.6%
Public
25.3%
Promoter
70.5%
Foreign Institutions
3.7%
Mutual Funds
0.3%
Domestic Institutions
0.7%
Public
25.1%
Promoter
70.5%
Foreign Institutions
3.7%
Mutual Funds
0.3%
Domestic Institutions
0.8%
Public
25%
Promoter
70.5%
Foreign Institutions
3.6%
Mutual Funds
0.3%
Domestic Institutions
0.9%
Public
25%

Shanthi Gears Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
14
Bearish Moving Averages
2
5Day EMA
543.50
10Day EMA
541.00
12Day EMA
541.00
20Day EMA
543.10
26Day EMA
544.60
50Day EMA
545.90
100Day EMA
539.20
200Day EMA
513.70
5Day SMA
543.00
10Day SMA
536.10
20Day SMA
542.70
30Day SMA
549.90
50Day SMA
554.20
100Day SMA
540.60
150Day SMA
536.50
200Day SMA
517.40
Delivery & Volume
Resistance & Support
548.68
Pivot
Resistance
First Resistance
553.82
Second Resistance
559.83
Third Resistance
564.97
Support
First Support
542.67
Second support
537.53
Third Support
531.52
Relative Strength Index
51.55
Money Flow Index
53.91
MACD
-3.51
MACD Signal
-5.24
Average True Range
18.26
Average Directional Index
29.90
Rate of Change (21)
-3.07
Rate of Change (125)
-0.07
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Banco Products (India) Ltd.
4394.82
297.85
733.95
Jamna Auto Industries Ltd.
5124
95.9
144
LG Balakrishnan & Bros Ltd.
3940.53
835
1425
Lumax Auto Technologies Ltd.
3623.6
332.35
535.6
JTEKT India Ltd.
4916.51
126.05
198.2
Subros Ltd.
4132.03
347.75
733.75

Shanthi Gears Ltd Company background

Founded in: 1972
Shanthi Gears Ltd (SGL), the Coimbatore based gear manufacturing company was promoted by P Subramanian, an entrepreneurial engineer in 1969 as a partnership concern. In July 1972, the partnership firm was converted into a Private Limited Company and later in March 1986 it became a Public Limited Company. The Company is in the business of design, manufacture, supply and servicing of gears and gear boxes. The bulk of this market is serviced by five major national players while a fair portion of the market is met through imports. Import of gearboxes happens predominantly in the safety critical applications and high technology areas such as gearboxes for wind turbine generators, power plants and marine applications. While most of these are imported from Europe, China caters to the demand in other segments.Shanthi Gears, which was just the maker of gears for textile machinery when it was started is now producing gears for industries as wide as process, power steel, cement, sugar and aviation. The product range extends from gears for simple applications such as handdriven jacks to hightech gears for supersonic jet aircraft. The company opened its first factory in 1972 and a decade later it expanded the product range by start manufacturing worm gearboxes. In the mid80s, SGL took the next step and began manufacturing helical and bevel helical gears. The company has also start producing geared motors simultaneously in this period.In 1986, it has completed the project of putting up its own foundry. The foundry caters to the needs of grey iron and spheroid graphite castings, as well as nonferrous ones such as phosphor bronze, aluminium etc. As a part of backward integration, a forging plant was also commissioned simultaneously. The company is getting 50% of its business from executing special orders i.e custom made gears. In Mar.92, SGL came out with a rights issue to partfinance the expansioncummodernisation of its plants. Apart from this, the company made a preferential issue of 3.4 lac equity shares (premium : Rs 160) to banks and mutual funds in Sep.94. Shanthi gears has a whollyowned subsidiary Shanthi Sales, which looks after its entire marketing. During the 200405, Shanthi Sales Ltd ceased to be the subsidiary company consequent to the divestment of entire shares held by the company. The group companies of Shanthi gears are Shanthi Clothsline, a woven and Knitted garment manufacturing company Shanthi Constructions, a infrastructure construction company Shanthi Precision Industries Ltd (SPL), (Formerly Loyal Engineering takeover by Shanthi group in 1998) and SPL was merged with the company with effect from 1st July 2003 in the exchange ratio of 1:5. In August 2004 the company subdivided its equity share face value from Rs.10/ to Re.1/. Further the company has issued bonus equity shares for its shareholders in the ratio of 1:1.In 2006, The company have stateoftheart production machines/quality Control Facilities worth Rs.44.19 Crores have been added during the FY 20052006 along with our existing battery of Machines. Further, orders for Machineries worth Rs.37.47 Crores are yet to be executed by the respective suppliers.During the year 201213, Tube Investments of India Ltd (TII) acquired his entire stake and followed it up with an Open Offer in line with the regulations and acquired another 26% from the general public. Effective from 19 November, 2012 Shanthi Gears Ltd (SGL) became a subsidiary of TII. In 201617, the Company launched a program titled Connect 2016. In 202223, it expanded to encompass institutional sales andbusiness services, diversifying their portfolio and strengthening market presence. It built credentials to manufacture and test gearboxes at speeds exceeding 1 Lakh RPM which created a significant milestone in the gearbox industry.
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Shanthi Gears Ltd FAQs

Shanthi Gears Ltd shares are currently priced at 547.45 on NSE and 545.3 on BSE as of 6/14/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Shanthi Gears Ltd [SHANTIGEAR] share was 18.03. The Shanthi Gears Ltd [SHANTIGEAR] share hit a 1-year low of Rs. 401.25 and a 1-year high of Rs. 644.4.

The market cap of Shanthi Gears Ltd is Rs. 4202.49 Cr. as of 6/14/2024 12:00:00 AM.

The PE ratios of Shanthi Gears Ltd is 50.63 as of 6/14/2024 12:00:00 AM.

The PB ratios of Shanthi Gears Ltd is 12.05 as of 6/14/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.22% at the end of 6/14/2024 12:00:00 AM.

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