Zenith Steel Pipes & Industries Ltd (ZENITHSTL) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "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": 1, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "5.87", "chg": -0.12, "chgp": "-2.0%", "dir": -1, "prev_price": "5.99", "mcapval": "87.00 Cr", "mcap": "Micro Cap", "scripcode": 531845, "symbol": "ZENITHSTL", "ind_name": "Iron & Steel Products", "ind_code": 23, "sector_id": 44, "indexname": "India SENSEX", "isin": "INE318D01020", "curr_date": "Jun 19, 03:30 PM", "curr_time": "06:09 AM", "last_traded_at": "Jun 19, 03:30 PM IST", "bse_nse_vol": "1.36 lacs", "exc_status": "Active", "traded_date": "Jun 19, 2026", "traded_date_str": "2026 06 19", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-register-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/zenith-steel-672280-1&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "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-4058854", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ZenithSteelPipe_mojoScore_4058854.png", "date": "2026-06-17 10:10:37", "description": "Zenith Steel Pipes & Industries Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 28 July 2025, reflecting a significant reassessment of the stock’s outlook. However, the analysis presented here is based on the company’s current fundamentals, returns, and financial metrics as of 17 June 2026, providing investors with an up-to-date perspective on the stock’s position." }, { "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-4037488", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ZenithSteelPipe_mojoScore_4037488.png", "date": "2026-06-05 10:10:20", "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 here reflect the company’s current position as of 08 June 2026, providing investors with the latest insights into its performance and outlook." }, { "title": "Below All Moving Averages and Now at Lower Circuit: Zenith Steel Pipes & Industries Ltd Loses 4.07% in a Single Session", "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-4033795", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/ZenithSteelPipe_stocks_hitting_lower_circuit_4033795.png", "date": "2026-06-03 11:00:10", "description": "At Rs 5.61, sellers were still queuing — but no buyers stepped forward. Zenith Steel Pipes & Industries Ltd locked at its lower circuit of 5% on 3 Jun 2026, reflecting unfilled supply and a frozen price amid persistent selling pressure." }, { "title": "Zenith Steel Pipes & Industries Ltd Gains 7.53%: 4 Key Factors Driving the Week", "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-gains-753-4-key-factors-driving-the-week-4023268", "imagepath": "", "date": "2026-05-30 16:03:31", "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>25 May:</strong> Zenith Steel hits upper circuit at ₹5.96 (+4.93%) on strong buying momentum</p>\n <p><strong>26 May:</strong> Another upper circuit surge to ₹6.25 (+4.87%) amid rising delivery volumes</p>\n <p><strong>27 May:</strong> Quarterly results reveal sharp revenue and profit decline</p>\n <p><strong>29 May:</strong> Stock closes lower at ₹6.14 (-3.91%) on profit-taking</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\">₹5.71</div></div>\n <div class=\"stat-item\"><div class=\"stat-l..." }, { "title": "Are Zenith Steel Pipes & Industries Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-zenith-steel-pipes-industries-ltd-latest-results-good-or-bad-4017310", "imagepath": "", "date": "2026-05-27 19:31:59", "description": "Zenith Steel Pipes & Industries Ltd's latest financial results for the quarter ended March 2026 reflect significant operational challenges. The company reported a net profit of ₹1.39 crores, which represents a year-on-year decline of 50.00%. Revenue for the same period was ₹11.29 crores, marking a substantial contraction of 54.51% compared to the previous year. This decline in revenue is indicative of a structural crisis, as it continues a troubling trend observed throughout the fiscal year.\n\nThe operating margin, excluding other income, was reported at negative 22.94%, which indicates that the core operations of the business are not generating profits and are instead incurring losses. This margin has worsened from negative 8.22% in the previous year, highlighting the ongoing operational distress. The company is heavily reliant on other income, which accounted for a staggering 2,700% of profit before tax, u..." }, { "title": "Zenith Steel Q4 FY26: Revenue Collapse and Negative Book Value Signal Deep Distress", "link": "https://www.marketsmojo.com/news/result-analysis/zenith-steel-q4-fy26-revenue-collapse-and-negative-book-value-signal-deep-distress-4017019", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ZenithSteelPipe_quaterlyResult_4017019.png", "date": "2026-05-27 11:49:40", "description": "Zenith Steel Pipes & Industries Ltd. reported a consolidated net profit of ₹1.39 crores for Q4 FY26, representing a precipitous 50.00% year-on-year decline from ₹2.78 crores in Q4 FY25. The micro-cap steel pipe manufacturer, with a market capitalisation of just ₹91.00 crores, continues to grapple with severe operational challenges as quarterly revenue plummeted 54.51% year-on-year to ₹11.29 crores. The stock traded at ₹6.45 on May 27, 2026, reflecting a modest 3.20% single-day gain but remaining down 37.20% from its 52-week high of ₹10.27." }, { "title": "Zenith Steel Pipes & Industries Ltd Reports Sharp Quarterly Decline Amid Negative Financial Trend", "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-reports-sharp-quarterly-decline-amid-negative-financial-trend-4016744", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ZenithSteelPipe_fintrenddot_4016744.png", "date": "2026-05-27 11:00:34", "description": "Zenith Steel Pipes & Industries Ltd has reported a significant downturn in its quarterly financial performance for March 2026, with net sales plunging by over 54% and profit after tax collapsing by more than 96%. This marks a clear shift from a previously flat financial trend to a distinctly negative trajectory, raising concerns about the company’s near-term prospects within the iron and steel products sector." }, { "title": "Zenith Steel Pipes & Industries Ltd Locks at Upper Circuit With 4.87% Gain — Buyers Queue, Sellers Absent", "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-surges-to-upper-circuit-on-robust-buying-pressure-4013686", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ZenithSteelPipe_stocks_hitting_upper_circuit_4013686.png", "date": "2026-05-26 11:00:15", "description": "At Rs 6.25, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Zenith Steel Pipes & Industries Ltd locked at its upper circuit of 4.87% on 26 May 2026, with buyers queuing and no sellers willing to part with shares." }, { "title": "Zenith Steel Pipes & Industries Ltd Locks at Upper Circuit With 4.93% Gain — Buyers Queue, Sellers Absent", "link": "https://www.marketsmojo.com/news/stocks-in-action/zenith-steel-pipes-industries-ltd-surges-to-upper-circuit-on-strong-buying-momentum-4011072", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ZenithSteelPipe_stocks_hitting_upper_circuit_4011072.png", "date": "2026-05-25 15:00:09", "description": "At Rs 5.96, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Zenith Steel Pipes & Industries Ltd locked at its upper circuit of 4.93% on 25 May 2026, with buyers queuing and no sellers willing to part with shares." } ], "total": 6552, "sid": "672280", "stock_news_url": "https://www.marketsmojo.com/news/zenith-steel-pipes-industries-672280" }, "announcements": [ { "details": "Zenith Birla (India) Limited has informed the Exchange regarding 'Newspaper publication copy of financial results for the quarter and half year ended sept2019'.", "source": "NSE", "caption": "Zenith Birla (India) Limited - Updates", "datetime": "18-Nov-2019" }, { "details": "Zenith Birla (India) Limited has informed the Exchange regarding Board meeting held on November 14, 2019.", "source": "NSE", "caption": "Zenith Birla (India) Limited - Outcome of Board Meeting", "datetime": "15-Nov-2019" }, { "details": "Zenith Birla (India) Limited has informed the Exchange regarding 'Notice of Board Meeting published in news paper'.", "source": "NSE", "caption": "Zenith Birla (India) Limited - Updates", "datetime": "08-Nov-2019" } ], "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": [] } ] }

Key Events This Week

25 May: Zenith Steel hits upper circuit at ₹5.96 (+4.93%) on strong buying momentum

26 May: Another upper circuit surge to ₹6.25 (+4.87%) amid rising delivery volumes

27 May: Quarterly results reveal sharp revenue and profit decline

29 May: Stock closes lower at ₹6.14 (-3.91%) on profit-taking

Week Open

₹5.71

Read full news article

Are Zenith Steel Pipes & Industries Ltd latest results good or bad?

2026-05-27 19:31:59

Zenith Steel Pipes & Industries Ltd's latest financial results for the quarter ended March 2026 reflect significant operational challenges. The company reported a net profit of ₹1.39 crores, which represents a year-on-year decline of 50.00%. Revenue for the same period was ₹11.29 crores, marking a substantial contraction of 54.51% compared to the previous year. This decline in revenue is indicative of a structural crisis, as it continues a troubling trend observed throughout the fiscal year. The operating margin, excluding other income, was reported at negative 22.94%, which indicates that the core operations of the business are not generating profits and are instead incurring losses. This margin has worsened from negative 8.22% in the previous year, highlighting the ongoing operational distress. The company is heavily reliant on other income, which accounted for a staggering 2,700% of profit before tax, u...

Read full news article

Zenith Steel Q4 FY26: Revenue Collapse and Negative Book Value Signal Deep Distress

2026-05-27 11:49:40

Zenith Steel Pipes & Industries Ltd. reported a consolidated net profit of ₹1.39 crores for Q4 FY26, representing a precipitous 50.00% year-on-year decline from ₹2.78 crores in Q4 FY25. The micro-cap steel pipe manufacturer, with a market capitalisation of just ₹91.00 crores, continues to grapple with severe operational challenges as quarterly revenue plummeted 54.51% year-on-year to ₹11.29 crores. The stock traded at ₹6.45 on May 27, 2026, reflecting a modest 3.20% single-day gain but remaining down 37.20% from its 52-week high of ₹10.27.

Read full news article

Zenith Steel Pipes & Industries Ltd Reports Sharp Quarterly Decline Amid Negative Financial Trend

2026-05-27 11:00:34

Zenith Steel Pipes & Industries Ltd has reported a significant downturn in its quarterly financial performance for March 2026, with net sales plunging by over 54% and profit after tax collapsing by more than 96%. This marks a clear shift from a previously flat financial trend to a distinctly negative trajectory, raising concerns about the company’s near-term prospects within the iron and steel products sector.

Read full news article

Zenith Steel Pipes & Industries Ltd Locks at Upper Circuit With 4.87% Gain — Buyers Queue, Sellers Absent

2026-05-26 11:00:15

At Rs 6.25, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Zenith Steel Pipes & Industries Ltd locked at its upper circuit of 4.87% on 26 May 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article

Zenith Steel Pipes & Industries Ltd Locks at Upper Circuit With 4.93% Gain — Buyers Queue, Sellers Absent

2026-05-25 15:00:09

At Rs 5.96, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Zenith Steel Pipes & Industries Ltd locked at its upper circuit of 4.93% on 25 May 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article