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Zenith Steel Pipes & Industries Limited

ZENITHSTL | NSE

5.51

INR

-0.17

-2.99%

ZENITHSTL | NSE
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About Zenith Steel Pipes & Industries Limited

Sector

Basic Materials

Industry

Steel

Earnings date

31/03/2024

As of date

12/03/2026

Close

5.51

Open

5.80

High

5.80

Low

5.42

Zenith Steel Pipes & Industries Limited manufactures and sells steel pipes in India. Its products portfolio includes electric resistance welded black galvanized and helical submerged arc welded pipes as well as square and rectangular hollow sections. The company's products are used for various applications such as agriculture and irrigation water distribution sprinklers drill rods bore-well construction water distribution firefighting and chilled water systems structural scaffolding and props space frames fences green house industrial general engineering container making distribution of gas and crude poles transmission tower transportation of raw and potable water transportation of oil and gas transportation of sewage disposal irrigation piling ash / slurry transportation and electricity conduits as well as auto industry. It also exports its products to 83 countries. The company was formerly known as Zenith Birla (India) Limited and changed its name to Zenith Steel Pipes & Industries Limited in July 2020. Zenith Steel Pipes & Industries Limited was incorporated in 1960 and is based in Mumbai India.

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ZENITHSTL | NSE

Risk
45.0
Sharpe
-0.32
Luna's Score
51/100
Recommendation
Hold

Luna says (ZENITHSTL | NSE)

What's Working

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Strong Revenue Growth (> 10%)

What's not Working

Price Below SMA10D

High Short-term Volatility

Microcap (<300M USD)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

58.4%

1 month

45.0%

3 months

49.9%

6 months

48.4%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

-

Debt to equity

-0.84

Debt to assets

1.18

Ent. to EBITDA

64.98

Ent. to rev.

3.48

PEG

-

Other Fundamentals

EBITDA

-16.15M

MarketCap

802.39M

MarketCap(USD)

8.68M

Div. yield

-

Op. margin

-11.00

Erngs. growth

3.35K

Rev. growth

16.80

Ret. on equity

-

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

0.92

Range1M

0.97

Range3M

3.24

Volumes: Market Activity

Volume Averages

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Rel. volume

0.53

Price X volume

320.26K

Peers

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Aksh Optifibre LimitedAKSHOPTFBRCommunication Equipment4.73769.56M8.24%n/a252.98%
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Alkali Metals LimitedALKALISpecialty Chemicals60.33620.77M1.53%n/a43.95%
VL E-Governance & IT Solutions LimitedVLEGOVIntegrated Freight & Logistics13.21604.43M-1.78%n/a2.09%
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Tamilnadu Telecommunications LimitedTNTELECommunication Equipment8.7403.03M-2.58%n/a-19.88%
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  • 1

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UNICOMMERCE ESOLUTIONS LIMITEDUNIECOMIN99.3400.41%n/a
Tolins Tyres LtdTOLINSIN103.4700.39%n/a
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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA64.9822.37Expensive
Ent. to Revenue3.482.29Expensive
PE Ratio-26.54-
Price to Book-4.49-
Dividend Yield-0.78-
Std. Deviation (3M)49.9446.66Par
Debt to Equity-0.840.47Cheaper
Debt to Assets1.180.28Expensive
Market Cap802.39M182.58BEmerging
  • 1

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