Scoda Tubes Shows Strong IPO Performance Amid Declining Investor Participation and Peer Comparisons

Scoda Tubes, a small-cap player in the Iron & Steel Products industry, has shown notable activity today, June 17, 2025. The stock has experienced a 26.43% increase from its issue price and listing price, reflecting a positive reception since its IPO on May 30, 2025. Today, Scoda Tubes outperformed its sector by 0.27%, marking a trend reversal after two consecutive days of decline. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term performance.
However, investor participation has seen a decline, with delivery volume dropping by 22.56% compared to the 5-day average. Despite this, the stock remains liquid, with a trading capacity of Rs 0.36 crore based on 2% of the 5-day average traded value.

When comparing quality with peers, Scoda Tubes does not qualify, while competitors like Interarch Build. and JTL Industries are rated as good. In terms of valuation, Scoda Tubes also does not qualify, contrasting with peers such as Jayaswal Neco and Goodluck India, which are considered attractive. These comparisons highlight Scoda Tubes' current market position amidst its industry peers.