Vibhor Steel Tubes
131.47
-0.79(-0.60%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D-0.60%
1M-9.66%
6M-13.12%
1Y-42.67%
5Y-70.54%
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More news about Vibhor Steel Tubes
21Aug 25
Vibhor Steel Tubes and Borana Weaves Lock-in Periods Set to Expire
Vibhor Steel Tubes and Borana Weaves face expiration of shareholder lock-in periods on August 21. Vibhor Steel Tubes will release 38 lakh shares (20% of equity) after 1.5 years, while Borana Weaves will free up 15 lakh shares (6% of equity) after 3 months. Vibhor's stock has corrected since its IPO, now trading near its ₹151 offer price. Borana's shares remain stable at its ₹216 IPO price. Both companies had highly subscribed IPOs, with Vibhor at 300+ times and Borana at 150 times. The expiry could potentially impact trading volumes and stock prices.
19Aug 25
Vibhor Steel Tubes Reports Smooth Q1, New Jharsuguda Plant Operational
Vibhor Steel Tubes Limited (VSTL) reported a positive Q1 with growth in top line and margins. The company's new plant in Jharsuguda, Odisha, is now fully operational with two tube mills producing three sizes of steel pipes and highway guard rails. The plant has an annual capacity of 100,000-120,000 tonnes. VSTL expects steady domestic demand, stable raw material prices, and expanded market reach in North-East India. The company aims to leverage its existing dealer network and achieve full capacity utilization at the new plant.
11Jul 25
Vibhor Steel Tubes Commences Electricity Supply at Odisha Unit, Boosting Production Capabilities
Vibhor Steel Tubes Limited (VSTL) has commenced electricity supply at its Unit III facility in Odisha from July 11, 2025. This follows the start of commercial production using generator power on June 24, 2025. The grid electricity supply is expected to enhance production capabilities and operational efficiency. The Odisha unit is part of VSTL's expansion strategy, with manufacturing units now in Maharashtra, Telangana, and Odisha. Managing Director Vibhor Kaushik called it a significant step towards the facility's commissioning and operational readiness.
Vibhor Steel Tubes
131.47
-0.79
(-0.60%)
1 Year Returns:-42.67%
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