SSelectStock

ZENITHSTLZenith Steel Pipes & Industries Limited

Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Zenith Steel Pipes & Industries Limited, together with its subsidiaries, manufactures and sells steel pipes in India and internationally. It offers electric resistance welded black and galvanized pipes; and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, sprinklers, drill rods, bore-well, construction water distribution, space frames, fences, firefighting and chilled water systems, structural scaffolding and props, green house, industrial general engineering, container making, distribution of gas and crude, transportation of raw and potable water, poles, transmission tower, transportation of oil and gas, transportation of sewage disposal irrigation, piling, ash/slurry transportation, and electricity conduits, as well as the auto industry. It also exports its products to approximately 79 countries, including the United States. The company was formerly known as Zenith Birla (India) Limited and changed its name to Zenith Steel Pipes & Industries Limited in July 2020. The company was incorporated in 1960 and is based in Mumbai, India.

5.85
2.34%
42Weak

Mkt Cap
₹83 Cr
P/E
21.7
P/B
-0.4
Div Yield
0.00%
52W High
₹10.33
52W Low
₹4.41

Price & Volume

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Key Ratios

Market Cap (₹ cr)83.10
P/E21.67
P/B-0.36
PEG
ROE %
ROCE %
Debt / Equity
EPS0.27
Revenue Growth %-62.10
Profit Growth %-57.10
Dividend Yield %0.00
Promoter Holding %37.66
FII Holding %0.00
DII Holding %
Beta0.16

“—” 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 ZENITHSTL — 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.

AVOIDConviction 61%

Why avoid

  • Risk gate: safety score is only 18/100 — volatility, drawdown or liquidity is too poor for a buy call, whatever the chart says
  • Revenue growth: -62.1% YoY
  • Profit growth: -57.1% YoY
  • Price vs SMA200: below
  • Golden cross setup: SMA50 below SMA200

Bull case

  • Valuation vs sector: P/E 21.7 vs sector 21.6
  • RSI: 59
  • MACD: bullish
  • Price vs EMA21: above

Bear case

  • Revenue growth: -62.1% YoY
  • Profit growth: -57.1% YoY
  • Price vs SMA200: below
  • Golden cross setup: SMA50 below SMA200

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: -62.1% YoY
  • Profit growth: -57.1% YoY

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

Trade Plan

Entry (CMP)
₹5.85
Stop Loss
₹5.15
risk 12%
Target 1 (1.5R)
₹6.90
+17.9%
Target 2 (3R)
₹7.96
+36.1%
Support (20d)
₹5.20
Resistance (52w)
₹10.33
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.70/share
ATR (volatility)
₹0.39
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.39). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental23
Technical61
Momentum55
Risk (safety)18

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