Zenith Steel Pipes Shows Strong Trading Activity Amid Sector Outperformance
2025-03-28 11:00:19Zenith Steel Pipes & Industries Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has experienced significant activity today, hitting its upper circuit limit with a high price of Rs 6.86. The stock recorded a change of Rs 0.4, reflecting a percentage increase of 6.41%. Throughout the trading session, Zenith Steel's performance stood out, outperforming its sector by 8.84%. The stock's intraday low was Rs 6.24, while the last traded price (LTP) settled at Rs 6.64. Total traded volume reached approximately 1.04 lakh shares, contributing to a turnover of Rs 0.068 crore. Notably, the stock has shown a trend reversal, gaining after three consecutive days of decline. It is currently positioned above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, delivery volume has increased by 21.86% compared to the 5-day average,...
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Zenith Steel Pipes Hits 52-Week Low Amidst Ongoing Financial Challenges
2025-03-13 09:45:32Zenith Steel Pipes & Industries has reached a new 52-week low, reflecting its underperformance compared to the broader market. The company faces significant challenges, including a negative book value and high debt-to-equity ratio, alongside declining net sales and bearish technical indicators, highlighting ongoing operational and financial difficulties.
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Zenith Steel Pipes Hits 52-Week Low Amid Declining Sales and Weak Fundamentals
2025-03-13 09:45:31Zenith Steel Pipes & Industries has reached a new 52-week low, reflecting a challenging performance with a one-year return significantly below the broader market. The company faces issues such as declining net sales, high debt levels, and a negative book value, contributing to a bearish outlook in its technical indicators.
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Zenith Steel Faces Challenges Amidst Significant Stock Decline and Weak Financials
2025-03-13 09:45:28Zenith Steel Pipes & Industries has reached a new 52-week low, reflecting its underperformance compared to the broader market. The company faces financial challenges, including a negative book value and high debt-to-equity ratio, alongside a significant decline in net sales and stagnant growth over the past five years.
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Zenith Steel Hits 52-Week Low Amid Broader Market Decline and Weak Fundamentals
2025-03-04 10:12:06Zenith Steel Pipes & Industries has reached a new 52-week low amid a broader market decline, despite outperforming its sector today. The company has struggled over the past year, with a significant drop in net sales and weak long-term fundamentals, contributing to cautious market sentiment.
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Zenith Steel Hits 52-Week Low Amid Broader Market Gains and Sector Challenges
2025-02-19 09:37:09Zenith Steel Pipes & Industries has reached a new 52-week low, reflecting a 23.79% decline over the past year, contrasting with the Sensex's 4.27% increase. The stock is currently trading below its moving averages, indicating ongoing challenges in achieving upward momentum. Market observers will monitor future developments closely.
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Zenith Steel Faces Persistent Challenges Amidst Microcap Sector Struggles
2025-02-18 16:35:18Zenith Steel Pipes & Industries is facing significant challenges in the microcap steel sector, trading near its 52-week low. The stock has underperformed its sector and is below key moving averages, reflecting a persistent downward trend. Over the past year, it has declined while the Sensex has gained.
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Zenith Steel Pipes Hits 52-Week Low Amid Broader Industry Challenges
2025-02-17 09:39:46Zenith Steel Pipes & Industries has reached a new 52-week low, reflecting a notable decline in its stock price over recent days. The company has struggled over the past year, with a significant drop compared to the overall market, indicating ongoing challenges within the steel industry.
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Zenith Steel Pipes Reports December 2024 Results, Highlights Evaluation Revision and Industry Insights
2025-02-14 12:38:37Zenith Steel Pipes & Industries announced its financial results for the quarter ending December 2024 on February 13, 2025. The report indicates a consistent performance trend and an adjustment in the company's evaluation, reflecting its current standing within the steel industry and providing insights into its operational dynamics.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
08-Apr-2025 | Source : BSECertificate under reg. 74(5) of SEBI (DP) Regulations 2018
Closure of Trading Window
31-Mar-2025 | Source : BSEIntimation for closure of Trading window
Announcement under Regulation 30 (LODR)-Newspaper Publication
17-Feb-2025 | Source : BSENewspaper Publication for Unaudited Financial Result
Corporate Actions
No Upcoming Board Meetings
Zenith Steel Pipes & Industries Ltd has declared 6% dividend, ex-date: 07 Jul 10
No Splits history available
Zenith Steel Pipes & Industries Ltd has announced 1:5 bonus issue, ex-date: 11 Aug 10
No Rights history available