Zenith Steel Pipes Stock Hits Upper Circuit Limit at Rs 8.59 Amid Trading Surge

Oct 16 2025 10:00 AM IST
share
Share Via
Zenith Steel Pipes & Industries Ltd experienced notable trading activity today, hitting its upper circuit limit with a significant price increase. The stock's performance outpaced its sector, reversing a four-day decline. Despite a drop in delivery volume, it remains liquid, indicating a positive shift in market dynamics.
Zenith Steel Pipes & Industries Ltd, a microcap player in the Iron & Steel Products sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 8.59, marking a notable change of Rs 0.4, which translates to a percentage increase of 4.88%. This performance stands out as it outperformed its sector, which recorded a mere 0.23% increase.

The stock's trading activity included a total traded volume of 0.22719 lakh shares, resulting in a turnover of approximately Rs 0.019 crore. The stock's low price for the day was Rs 8.1, indicating a solid intraday range. Notably, the stock has reversed its trend after four consecutive days of decline, suggesting a potential shift in market sentiment.

In terms of moving averages, Zenith Steel's current price is higher than the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. Despite a decline in delivery volume, which fell by 87.76% against the 5-day average, the stock remains liquid enough for trading activities.

Overall, Zenith Steel Pipes & Industries Ltd has demonstrated a robust performance today, reflecting a positive shift in its trading dynamics.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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