Zenith Steel Pipes Hits Upper Circuit Limit with High Price of Rs. 10.33
Zenith Steel Pipes & Industries Ltd has reached a new 52-week high, with its stock hitting Rs. 10.33. The trading volume was approximately 3.93 lakh shares, and delivery volume increased significantly. The stock is trading above key moving averages, indicating strong investor interest and market activity.
Zenith Steel Pipes & Industries Ltd, a microcap player in the Iron & Steel Products sector, has made headlines today as its stock hit the upper circuit limit, reaching a high price of Rs. 10.33. This milestone marks a new 52-week high for the company, showcasing its recent performance despite a slight decline in the last traded price, which stood at Rs. 9.72, reflecting a change of -0.12 or a percentage change of -1.22.The stock's trading activity today was notable, with a total traded volume of approximately 3.93 lakh shares and a turnover of Rs. 0.40 crore. The price band for the day was set at 5%, indicating a robust trading range. Despite underperforming the sector by -2.36%, Zenith Steel has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
Investor participation has also seen a significant uptick, with delivery volume rising by 188.33% compared to the 5-day average. This liquidity suggests that the stock remains accessible for trading, reflecting ongoing interest in its performance. Overall, Zenith Steel's achievement of a new high underscores its current market position within the industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
