Zenith Steel Pipes & Industries Limited (ZENITHSTL.BO)
Zenith Steel Pipes & Industries Limited operates in the Steel industry of the Basic Materials sector, headquartered in Mumbai, MA, IN. The stock last traded at $5.52, down 3.50% on the session, giving a market capitalisation of $784.0M. Its beta of 0.17 implies it has historically moved less than the broad market.
Operating from Mumbai, India, Zenith Steel Pipes & Industries Limited, established in 1960, specializes in the production and global distribution of steel pipes. Its comprehensive product range encompasses electric resistance welded (ERW) black, galvanized, and helical submerged arc welded (HSAW) pipes, in addition to square and rectangular hollow sections. These versatile products find application across diverse sectors, including water management (for irrigation, distribution, and firefighting systems), construction and structural support (such as scaffolding and frameworks), the transportation of oil, gas, and other fluids, general industrial engineering, and the automotive industry. They also play a role in infrastructure projects like transmission towers and electricity conduits. Initially operating as Zenith Birla (India) Limited, the company officially adopted its current name, Zenith Steel Pipes & Industries Limited, in July 2020.
Zenith Steel Pipes & Industries Limited is most often compared with the following Basic Materials names: