Scoda Tubes Faces Consecutive Losses Amid Declining Investor Participation and Fair Valuation

Scoda Tubes, a small-cap player in the Iron & Steel Products industry, has shown notable activity on June 27, 2025. The stock has experienced a percentage change of 38.46% from its issue price since its IPO closing on May 30, 2025. However, it has underperformed the sector by 1.41% today, marking a decline of 0.77% in its one-day return. Over the past four days, Scoda Tubes has faced consecutive losses, totaling a drop of 6.3%.
Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, the stock is currently below its 5-day moving average. Investor participation has also waned, with delivery volume falling by 24.07% compared to the 5-day average. The stock remains liquid enough for trades sized at Rs 0.6 crore, based on 2% of the 5-day average traded value.

In terms of quality, Scoda Tubes is rated as average compared to its peers, including Kalyani Steels and Goodluck India, which also hold average ratings. When assessing valuation, Scoda Tubes is considered fair, with a price-to-earnings ratio of 36.87 and an EV/EBITDA of 14.99, positioning it competitively within the industry.