Zenith Steel Pipes & Industries Limited (ZENITHSTL.NS)
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 $5.59, up 0.90% on the session, giving a market capitalisation of $795.3M. Its beta of 0.17 implies it has historically moved less than the broad market.
Zenith Steel Pipes & Industries Limited, an Indian enterprise, specializes in the production and distribution of steel pipes. Their product portfolio encompasses electric resistance welded (ERW) black pipes, galvanized pipes, and helical submerged arc welded (HSAW) pipes. The company's pipes are integral to a wide array of applications across numerous sectors. These include various water distribution systems (agriculture, irrigation, bore-wells, chilled water, potable, and wastewater), structural and civil engineering projects (scaffolding, props, piling, poles, transmission towers, space frames, fences), industrial applications (general engineering, oil and gas distribution, crude transport, ash/slurry conveyance, container manufacturing), and specialized uses such as firefighting systems, electricity conduits, drill rods, greenhouses, and components for the automotive industry. Furthermore, the company maintains a significant international presence, exporting its steel pipes to 79 nations worldwide. Historically, the company operated as Zenith Birla (India) Limited until its rebranding to Zenith Steel Pipes & Industries Limited in July 2020. Established in 1960, the firm has its headquarters located in Mumbai, India.
Zenith Steel Pipes & Industries Limited is most often compared with the following Basic Materials names: