SSelectStock

SHRINGARMSShringar House of Mangalsutra Limited

Consumer Durable · Luxury Goods · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Shringar House of Mangalsutra Limited engages in the design, manufacture, and market of mangalsutras in India, the United Kingdom, the United Arab Emirates, and the Republic of Fiji. The company offers a portfolio of mangalsutras for various occasions, such as weddings, festivals, and anniversaries, as well as daily-wear options, including antique, bridal, traditional, contemporary, and Indo-western styles. It serves corporate clients, wholesale jewellers, and retailers. The company was founded in 1963 and is headquartered in Mumbai, India.

217.27
0.22%
57Decent

Mkt Cap
₹2,092 Cr
P/E
16.0
P/B
3.1
Div Yield
0.00%
52W High
₹266.50
52W Low
₹166.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)2,091.50
P/E16.03
P/B3.09
PEG0.28
ROE %26.29
ROCE %17.90
Debt / Equity0.28
EPS13.55
Revenue Growth %106.50
Profit Growth %67.30
Dividend Yield %0.00
Promoter Holding %78.22
FII Holding %3.43
DII Holding %
Beta1.94

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on SHRINGARMS — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 56%

The picture

  • Revenue growth: 106.5% YoY
  • Profit growth: 67.3% YoY
  • ROE: 26.3%
  • Price vs SMA200: above
  • Golden cross setup: SMA50 above SMA200
  • 6-month return: +12.7%

Bull case

  • Revenue growth: 106.5% YoY
  • Profit growth: 67.3% YoY
  • ROE: 26.3%
  • Price vs SMA200: above

Bear case

  • Dividend yield: 0.00%
  • RSI: 41
  • MACD: bearish
  • 1-month return: -4.4%

Key risks

  • Dividend yield: 0.00%
  • RSI: 41

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹217.27
Stop Loss
₹211.37
risk 2.7%
Target 1 (1.5R)
₹226.13
+4.1%
Target 2 (3R)
₹234.99
+8.2%
Support (20d)
₹213.50
Resistance (52w)
₹266.50
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹5.90/share
ATR (volatility)
₹5.65
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹5.65). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental93
Technical33
Momentum50
Risk (safety)46

Peers — Consumer Durable

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NYKAA 0.75%
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TIMEX 0.73%
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SREEL 10.00%
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