Zenith Steel

  • Market Cap: Micro Cap
  • Industry: Iron & Steel Products
  • ISIN: INE318D01020
  • NSEID: ZENITHSTL
  • BSEID: 531845
INR
4.58
-0.21 (-4.38%)
BSENSE

Mar 24

BSE+NSE Vol: 7.15 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
{
  "main_header": {
    "sid": 672280,
    "name": "Zenith Steel",
    "stock_name": "Zenith Steel",
    "full_name": "Zenith Steel Pipes & Industries Ltd",
    "name_url": "stocks-analysis/zenith-steel",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "4.58",
    "chg": -0.21,
    "chgp": "-4.38%",
    "dir": -1,
    "prev_price": "4.79",
    "mcapval": "71.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 531845,
    "symbol": "ZENITHSTL",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "India SENSEX",
    "isin": "INE318D01020",
    "curr_date": "Mar 24",
    "curr_time": "",
    "bse_nse_vol": "7.15 lacs",
    "exc_status": "Active",
    "traded_date": "Mar 24, 2026",
    "traded_date_str": "2026 03 24",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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  "news": {
    "results": [
      {
        "title": "Below All Moving Averages and Now at Lower Circuit: Zenith Steel Pipes & Industries Ltd Loses 3.35% in a Single Session",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-hits-lower-circuit-amid-heavy-selling-pressure-3910411",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ZenithSteelPipe_stocks_hitting_lower_circuit_3910411.png",
        "date": "2026-03-24 12:00:08",
        "description": "At Rs 4.61, sellers were still queuing — but there were no buyers willing to take the other side. Zenith Steel Pipes & Industries Ltd locked at its lower circuit of 5% on 24 Mar 2026, with unfilled sell orders and a frozen price."
      },
      {
        "title": "Zenith Steel Pipes & Industries Ltd Hits Lower Circuit Amid Heavy Selling Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-hits-lower-circuit-amid-heavy-selling-pressure-3898708",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ZenithSteelPipe_stocks_hitting_lower_circuit_3898708.png",
        "date": "2026-03-18 11:00:07",
        "description": "Shares of Zenith Steel Pipes & Industries Ltd plunged to their lower circuit limit on 18 Mar 2026, reflecting intense selling pressure and panic among investors. The stock recorded its maximum daily loss, falling sharply amid unfilled supply and sustained bearish sentiment in the iron and steel products sector."
      },
      {
        "title": "Zenith Steel Pipes & Industries Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/zenith-steel-pipes-industries-ltd-is-rated-strong-sell-3893282",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ZenithSteelPipe_mojoScore_3893282.png",
        "date": "2026-03-16 10:10:15",
        "description": "Zenith Steel Pipes & Industries Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 28 July 2025. However, the analysis and financial metrics discussed below reflect the stock's current position as of 16 March 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Zenith Steel Pipes & Industries Ltd Declines 2.09% Despite Late-Week Rally: 3 Key Factors Driving Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-declines-209-despite-late-week-rally-3-key-factors-driving-volatility-3891716",
        "imagepath": "",
        "date": "2026-03-14 17:10:12",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>Mar 2:</strong> Lower circuit triggered amid heavy selling pressure</p>\n                    <p><strong>Mar 5:</strong> Upper circuit hit on strong buying interest</p>\n                    <p><strong>Mar 6:</strong> Another upper circuit surge despite broader market weakness</p>\n                    <p><strong>Mar 6:</strong> Week closes at Rs.5.62 (-2.09%) outperforming Sensex</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.5.74</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.5.62</d..."
      },
      {
        "title": "Why is Zenith Steel Pipes & Industries Ltd falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-zenith-steel-pipes-industries-ltd-fallingrising-3890370",
        "imagepath": "",
        "date": "2026-03-14 01:14:41",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Sector Influence</strong></p>\n<p>Zenith Steel’s stock has been under pressure for the past two days, cumulatively losing 5.54% in value. This decline aligns closely with the performance of the Steel/Sponge Iron/Pig Iron sector, which itself has contracted by 4.69% on the same day. The stock’s trading below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—signals a bearish technical outlook, suggesting that investor sentiment remains subdued. Furthermore, investor participation has diminished, with delivery volumes on 12 March dropping by 57.78% compared to the five-day average, indicating waning enthusiasm among shareholders.</p>\n<p><strong>Long-Term Performance and Benchmark Comparison</strong></p>\n<p>Examining Zenith Steel’s returns relative to ..."
      },
      {
        "title": "Zenith Steel Pipes & Industries Ltd Plunges to Lower Circuit Amid Heavy Selling Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-3889943",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ZenithSteelPipe_stocks_hitting_lower_circuit_3889943.png",
        "date": "2026-03-13 15:00:10",
        "description": "Zenith Steel Pipes & Industries Ltd, a micro-cap player in the Iron & Steel Products sector, witnessed a sharp decline on 13 Mar 2026, hitting its lower circuit limit as panic selling gripped the stock. The share price plunged by 4.86%, closing at ₹5.29, reflecting intense selling pressure and unfilled supply that overwhelmed demand despite the broader market's more moderate losses."
      },
      {
        "title": "Zenith Steel Pipes & Industries Ltd Surges to Upper Circuit Amid Strong Buying Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-surges-to-upper-circuit-amid-strong-buying-pressure-3875997",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ZenithSteelPipe_stocks_hitting_upper_circuit_3875997.png",
        "date": "2026-03-06 13:00:05",
        "description": "Zenith Steel Pipes & Industries Ltd witnessed a robust rally on 6 Mar 2026, hitting its upper circuit limit with a 4.88% gain to close at ₹5.59. This surge was driven by intense buying interest, outpacing the broader Iron & Steel Products sector and the Sensex, signalling renewed investor confidence despite the company’s recent downgrade to a Strong Sell rating by MarketsMOJO."
      },
      {
        "title": "Zenith Steel Pipes & Industries Ltd Hits Upper Circuit Amid Strong Buying Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-hits-upper-circuit-amid-strong-buying-pressure-3873340",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ZenithSteelPipe_stocks_hitting_upper_circuit_3873340.png",
        "date": "2026-03-05 10:00:16",
        "description": "Zenith Steel Pipes & Industries Ltd witnessed a remarkable surge on 5 Mar 2026, hitting its upper circuit price limit as robust buying interest propelled the stock to its maximum daily gain. Despite a micro-cap status with a market capitalisation of ₹81 crores, the iron and steel products company attracted significant attention, reflecting a notable shift in investor sentiment amid a challenging sector backdrop."
      },
      {
        "title": "Zenith Steel Pipes & Industries Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/zenith-steel-pipes-industries-ltd-is-rated-strong-sell-3868984",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ZenithSteelPipe_mojoScore_3868984.png",
        "date": "2026-03-04 10:10:18",
        "description": "Zenith Steel Pipes & Industries Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 28 July 2025. However, the analysis and financial metrics discussed below reflect the stock's current position as of 04 March 2026, providing investors with the latest insights into the company’s performance and outlook."
      }
    ],
    "total": 6527,
    "sid": "672280",
    "stock_news_url": "https://www.marketsmojo.com/news/zenith-steel-pipes-industries-672280"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "14-Feb-2026",
      "details": "Newspaper Publication for unaudited financial result for the quarter and nine months ended December 31 2025",
      "source": "BSE"
    },
    {
      "caption": "Appointment of Company Secretary and Compliance Officer",
      "datetime": "11-Feb-2026",
      "details": "Appointment of Mr. Uday Sawant as a Company Secretary and compliance officer of the company.",
      "source": "BSE"
    },
    {
      "caption": "Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months Ended December 31 2025",
      "datetime": "10-Feb-2026",
      "details": "Unaudited Standalone and consolidated financial result for the quarter and nine months ended December 31 2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Zenith Steel Pipes & Industries Ltd has declared <strong>6%</strong> dividend, ex-date: 07 Jul 10",
          "dt": "2010-07-07",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Zenith Steel Pipes & Industries Ltd has announced <strong>1:5</strong> bonus issue, ex-date: 11 Aug 10",
          "dt": "2010-08-11",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}
stock newsNews and Views

Zenith Steel Pipes & Industries Ltd Declines 2.09% Despite Late-Week Rally: 3 Key Factors Driving Volatility

2026-03-14 17:10:12

Key Events This Week

Mar 2: Lower circuit triggered amid heavy selling pressure

Mar 5: Upper circuit hit on strong buying interest

Mar 6: Another upper circuit surge despite broader market weakness

Mar 6: Week closes at Rs.5.62 (-2.09%) outperforming Sensex

Why is Zenith Steel Pipes & Industries Ltd falling/rising?

2026-03-14 01:14:41

Recent Price Movement and Sector Influence

Zenith Steel’s stock has been under pressure for the past two days, cumulatively losing 5.54% in value. This decline aligns closely with the performance of the Steel/Sponge Iron/Pig Iron sector, which itself has contracted by 4.69% on the same day. The stock’s trading below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—signals a bearish technical outlook, suggesting that investor sentiment remains subdued. Furthermore, investor participation has diminished, with delivery volumes on 12 March dropping by 57.78% compared to the five-day average, indicating waning enthusiasm among shareholders.

Long-Term Performance and Benchmark Comparison

Examining Zenith Steel’s returns relative to ...

Read full news article
stock-recommendationAnnouncement

Announcement under Regulation 30 (LODR)-Newspaper Publication

14-Feb-2026 | Source : BSE

Newspaper Publication for unaudited financial result for the quarter and nine months ended December 31 2025

Appointment of Company Secretary and Compliance Officer

11-Feb-2026 | Source : BSE

Appointment of Mr. Uday Sawant as a Company Secretary and compliance officer of the company.

Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months Ended December 31 2025

10-Feb-2026 | Source : BSE

Unaudited Standalone and consolidated financial result for the quarter and nine months ended December 31 2025

stock-recommendationCorporate Actions
Corporate Actions
info
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Zenith Steel Pipes & Industries Ltd has declared 6% dividend, ex-date: 07 Jul 10

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

Zenith Steel Pipes & Industries Ltd has announced 1:5 bonus issue, ex-date: 11 Aug 10

stock-summary
RIGHTS

No Rights history available