Vibhor Steel Tubes Faces Stock Volatility Amid Declining Profit Concerns

Vibhor Steel Tubes, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has experienced significant volatility in its stock performance today. The stock has approached its 52-week low, currently just 0.37% away from Rs 135.05, which it reached on March 12, 2025. Today, Vibhor Steel Tubes underperformed its sector by 1.55%, marking a consecutive decline over the past two days with a total drop of 11.41%.
The stock hit an intraday low of Rs 135.55, reflecting a decrease of 3.04% during trading. Notably, Vibhor Steel is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has seen a decline of 45.61%, contrasting sharply with the Sensex, which has only fallen by 0.31%.

Despite these challenges, the company has reported healthy long-term growth metrics, with net sales increasing at an annual rate of 28.10% and operating profit rising by 48.81%. However, the recent financial results have shown a decline in profits by 16%, raising concerns about its market position.