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Zenith Steel Pipes & Industries Ltd share Price Today

Company details

7.55
8.00
3.75
10.15
6M Return 21.21%
1Y Return 79.78%
Mkt Cap.(Cr) 113.82
Volume 365,078
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 365,078

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Zenith Steel Pipes & Industries Ltd shares SWOT Analysis

Strengths (3)

  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Increasing Revenue every quarter for the past 2 quarters

Weakness (5)

  • Promoters increased pledged shares QoQ
  • Degrowth in Revenue and Profit
  • Decline in Quarterly Net Profit (YoY)

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)

Threats (1)

  • Companies with growing costs YoY for long term projects

Resistance and support

R1 8.2
R2 8.3
R3 8.6
Pivot

7.85

S1 7.7
S2 7.4
S3 7.3
EMA SMA
8.2
8.1
7.5
6.6
8.1
8.4
7.5
6.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
HI GROWTH CORPORATE SERVICES PVT LTD Bulk Purchase 2024-04-16 7.85 595298 NSE
HI GROWTH CORPORATE SERVICES PVT LTD Bulk Sell 2024-04-16 7.87 1025124 NSE
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED Bulk Purchase 2023-10-19 6.49 829664 BSE
Name Category Shares
BIRLA BOMBAY PRIVATE LIMITED PROMOTER 5.74%
BIRLA PRECISION TECHNOLOGIES PROMOTER 4.92%
BIRLA EDUTECH PROMOTER 2.81%
NIRVED TRADERS PVT LTD PROMOTER 1.93%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Zenith Steel Pipes & Industries Ltd Stocks COMPARISON

Financials( in Cr) Zenith Steel Pipes & Industries Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Steel Authority of India Ltd
Price 8.00 864.80 162.10 927.25 146.05
% Change 4.58 2.37 1.28 2.36 0.86
Mcap Cr 113.82 211,482.86 202,358.05 94,587.66 60,326.32
Revenue TTM Cr 164.92 165,960.00 243,352.69 53,211.52 104,447.72
Net Profit TTM Cr -14.38 4,139.00 8,075.35 3,974.09 2,176.53
PE TTM 0.00 19.55 82.28 17.03 17.84
1 Year Return 79.78 20.22 50.65 63.68 77.46
ROCE 0.00 8.60 12.10 14.17 5.25
ROE 0.00 6.22 7.48 13.27 3.57
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -256.12 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 24,289.49 -9,580.22
LAST 3M 82,644.28 34,986.47
LAST 6M 142,142.07 66,572.41
LAST 12M 216,755.16 194,314.28

Zenith Steel Pipes & Industries Ltd Information

Stock PE (TTM)
0
Promoter Holding
15.64%
Book Value
-18.6994
ROCE
0%
ROE
0%
Description
  • Zenith Steel Pipes & Industries Ltd (Formerly known Zenith Birla (India) Limited) is a leading manufacturer of Steel Pipes in India. The company is engaged in the manufacturing and selling of ERW And SAW Pipes. They operate in two divisions, namely pipes division at Khopoli and tools division at Nasik and Aurangabad. The tool division of the company is engaged in manufacturing HSS cutting tools and is focused towards the auto/engineering segment. The company`s subsidiaries include Zenith (USA) Inc. and Zenith Middle East FZE. Zenith Steel Pipes & Industries Ltd was incorporated on August 5, 1960 with the name Zenith Steel Pipes Ltd. The company was established with the main object to manufacture black welded and galvanized steel pipes and was promoted by house of Birla. Also, they came out with their first public issue of equity share during the year. In the year 1961, the company started factory at Khopoli for Pipe Manufacturing and in the year 1992, they commenced commercial production at Khopoli. In the year 1968, they started Rolls & Shears Division (RSD)/ Tool Mfg. Division (TMD). In the year 1974, they started special steel division at Khopoli. Till 1971, the company was manufacturing Steel Pipes by medium frequency electric resistance contact welding process. Thereafter, the manufacturing process was converted to the latest technology of High Frequency Induction Welding (HFIW) process. In October 31, 1975, the company changed their name from Zenith Steel Pipes Ltd to Zenith Steel Pipes & Industries Ltd. In the year 1980, the company started chemical division at Boisar for manufacturing dye intermediates. In the year 1981, they incorporated a joint venture, PT South Pacific Viscose in Indonesia. In the year 1981, the company started paper plant at Banah in Punjab. In the year 1982, Indian Tool Manufacturers Ltd was amalgamated with the company and the textile division of Indian Tool Manufacturers Ltd became a division of the company. Also, Avit Overseas Corporation, New York, a subsidiary of Indian Tool Manufacturers Ltd became a subsidiary of the company. In January 28, 1986, the company changed their name from Zenith Steel Pipes & Industries Ltd to Zenith Ltd. In the year 1989, the company created a new division, namely Zenith International for exports. During the year 1994-95, the company sold their paper division to Shreyans Industries Ltd. In the year 1996, they sold their special steel division to Isibars Ltd. In the year 2002, the company formed three new subsidiaries namely Valueworth Trade Pvt Ltd, Zenith Dyeintermediates Ltd and Khamgaon Syntex India Ltd. In November 2004, the chemical division of the company was hived off and sold to Nipur Chemicals Ltd and in the year 2005, they transferred the textile division to Khamgaon Syntex India Ltd. In October 18, 2005, the company changed their name from Zenith Ltd to Zenith Birla (India) Ltd. During the year 2006-07, the company came out with a follow-on public offer for 23,818,182 equity shares of Rs 10 each at issue price of Rs 55 per share aggregating to Rs 131 crore to part finance the expansion project. Also, the shares of the company were listed on the National Stock Exchange with effect from April 30, 2007. The Scheme of Arrangement between the Zenith Steel Pipes & Industries Ltd (the Company), Birla Precision Technologies Ltd (BPTL), Tungabhadra Holdings Private Limited (THPL) and their respective shareholders was sanctioned by the High Court of Bombay on 8th January, 2010 and consequently, the Tooling Business of the Company demerged from the Company and merged with Birla Precision Technologies Ltd. Further, Tungabhadra Holdings Private Limited amalgamated with the Company and resulting to this, the company expanded the production capacity of Steel Pipes from 120,000 tonnes to 210,000 tonnes. The Company during the year 2011, issued 21,620,529 Bonus Shares in the proportion of one new fully paid equity share of Re. 10/- each for every five equity shares of Re. 10/- each held in the Company as on the Record Date (i.e. 12th August 2010) and resultant to the issue, the said Equity Shares got listed with Bombay Stock Exchange Limited and National Stock Exchange Limited effective from 24th August, 2010. A new wholly owned subsidiary, Zenith Middle East LLC was incorporated on November 27, 2013 in Fujairah, UAE.

Registered Address

5th Floor Industry House, 159 Churchgate Reclamation, Mumbai, Maharashtra, 400020

Tel : 91-022-66168400
Email : share:zenithsteelpipes.com
Website : http://www.zenithsteelpipes.com
Registrar

Big Share Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 531845
NSE Code : ZENITHSTL
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE318D01020

FAQ’s on Zenith Steel Pipes & Industries Ltd Shares

You can buy Zenith Steel Pipes & Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Zenith Steel Pipes & Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 19, 2024 03:54 PM the closing price of Zenith Steel Pipes & Industries Ltd was ₹ 8.00.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 19, 2024 03:54 PM, the market cap of Zenith Steel Pipes & Industries Ltd stood at ₹ 113.82.

The latest PE ratio of Zenith Steel Pipes & Industries Ltd as of Apr 19, 2024 03:54 PM is 0

The latest PB ratio of Zenith Steel Pipes & Industries Ltd as of Apr 19, 2024 03:54 PM is -2.34

The 52-week high of Zenith Steel Pipes & Industries Ltd share price is ₹ 10.15 while the 52-week low is ₹ 3.75

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