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Sambhv Steel Tubes surges on getting nod for expansion of Kuthrel manufacturing unit in Chhattisgarh

09 Dec 2025 Evaluate

Sambhv Steel Tubes is currently trading at Rs. 95.55, up by 3.65 points or 3.97% from its previous closing of Rs. 91.90 on the BSE.

The scrip opened at Rs. 92.05 and has touched a high and low of Rs. 95.90 and Rs. 87.05 respectively. So far 35628 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 149.24 on 22-Jul-2025 and a 52 week low of Rs. 87.05 on 09-Dec-2025.

Last one week high and low of the scrip stood at Rs. 104.95 and Rs. 87.05 respectively. The current market cap of the company is Rs. 2778.75 crore.

The promoters holding in the company stood at 56.15%, while Institutions and Non-Institutions held 5.33% and 38.53% respectively.

Sambhv Steel Tubes has received approval for its expansion plan for the manufacturing of Stainless Steel Cold Rolled Coils and Pre-Galvanized (GP) Coils. The expansion is for Cold Rolling Mill (CRM) with Bright Annealing (BA) Line and a Continuous Galvanizing Line (CGL), situated at Village Kuthrel, Tehsil Raipur, District Raipur, Chhattisgarh (Kuthrel Unit). The proposed investment is Rs 50 crore and it will be financed through internal accruals. The proposed capacity addition is likely to be completed by Q4FY26.

The Board of Directors of the company, at its meeting held on December 08, 2025, has approved the same.

Sambhv Steel Tubes is principally engaged in the manufacturing of steel products like Sponge Iron, Blooms / Slabs, hot rolled (HR) Coil, electric resistance welded (ERW) black pipes and tubes, Captive power generation and the group is an integrated manufacturer of diverse range of steel products.

Sambhv Steel Tubes Share Price

122.04 5.50 (4.72%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

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