Scoda Tubes Experiences Notable Stock Surge Amid Declining Investor Participation

Scoda Tubes, a small-cap player in the Iron & Steel Products industry, has shown significant activity today, reflecting a 46.36% increase from its issue price since its IPO closing on May 30, 2025. The stock is currently trading just 4.41% below its 52-week high of Rs 213, having reached an intraday high of Rs 206.4, marking a 2.69% increase for the day. Notably, Scoda Tubes has outperformed its sector by 0.91%, indicating a positive trend reversal after two consecutive days of decline.
Despite this upward movement, investor participation appears to be waning, with a delivery volume of 6.57 lakh shares on June 25, down 13.35% from the five-day average. However, the stock remains liquid, with a trading capacity of Rs 0.79 crore based on 2% of the five-day average traded value.

In terms of quality, Scoda Tubes holds an average rating compared to its peers, including Kalyani Steels and Goodluck India, which also share similar quality assessments. When it comes to valuation, Scoda Tubes does not qualify favorably, with a P/E ratio of 37.94, compared to peers like Kalyani Steels and Jayaswal Neco, which present more attractive valuation metrics.