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Zenith Steel Pipes & Industries Limited
Share Price Target & Analysis

NSE:ZENITHSTL

8.78

VWAP

9.04

Open

8.78

Close

9.04

High

8.5

Low

15.45

52 Week High

8.85 ⇧
0.07 (0.8%)

ZENITHSTL

(Miscellaneous)
33.3% Momentum

Turnaround Potential

5.55

52 Week Low

0.07

EPS

29.98

PE

N/A

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: ZENITHSTL Share Price Financial Analysis & Valuation

Zenith Steel Pipes & Industries Limited (ZENITHSTL) is broadly categorized in Miscellaneous segment industry which deals in Steel - Tubes & Pipes vertical. It is one of Micro Cap company with Market Capitalization of Rs 18.5 (in Cr). Total number of free float shares are 13.1 (in Lacs). Zenith Steel Pipes & Industries Limited is listed on NSE with Exchange ID - INE318D01020 and trading code is NSE:ZENITHSTL with short name Zenith SP&I.

In the past 1 year, Zenith Steel Pipes & Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of ZENITHSTL at Rs 8.85, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:ZENITHSTL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ZENITHSTL underlying value and future prospects. All of this data is available in ZENITHSTL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ZENITHSTL, it is clearly understood that ZENITHSTL is Economical performer in terms of earnings and profit margins with an EPS of 0.07.

Valuation of the Stock: The current valuation of ZENITHSTL stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ZENITHSTL whether to BUY this stock at current valuation.

Now, the main question is whether to BUY or SELL, NSE:ZENITHSTL at current valuation.
As per latest Analysis No. #6527:-

⇑ STRONG BUY ZENITHSTL if All Greens

⇗ BUY ZENITHSTL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ZENITHSTL (With Stop Loss) if only 1 Green

⇘ SELL ZENITHSTL if NO Green Indicator

NSE: ZENITHSTL Share Price Today (Nov 23, 2024)

(Zenith Steel Pipes & Industries Limited Daily Analysis on the basis of ZENITHSTL Intraday Graph & Trend)

Zenith Steel Pipes & Industries Limited share price moved Up by 0.8% from its previous close of Rs 8.78. ZENITHSTL stock last traded price is 8.85. ZENITHSTL share price trend is Up with a total of 110444 stocks traded till now. It has touched an intraday high of Rs 9.04 and an intraday low of Rs 8.5. The ZENITHSTL trading at 8.85, Up by Rs. 0.07, or 0.8 percent which suggests that most of the Traders are anticipating that the price of ZENITHSTL share should go Up.

NSE: ZENITHSTL Share Price Tomorrow Prediction

(Zenith Steel Pipes & Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ZENITHSTL)

Zenith Steel Pipes & Industries Limited share price moved Up by 0.8%. ZENITHSTL share price short term trend is Up. It suggests that ZENITHSTL Share Price for Tomorrow remains the same with VWAP at 8.78 will be treated as stop loss for intraday traders. Zenith Steel Pipes & Industries Limited Long term investors can follow the ZENITHSTL long term trend as mentiond in future forecast table.

NSE Code

NSE: ZENITHSTL

ZENITHSTL Share Price Today

 8.85

ZENITHSTL Share Price Target Prediction for 2024 ^

 5.8 - 11.2

ZENITHSTL Share Price Target Prediction for 2025*^

 11.2 - 11.6

ZENITHSTL Share Price Target Prediction for 2026*^

 11.6 - 12.2

ZENITHSTL Share Price Target Prediction for 2027*^

 13

ZENITHSTL Share Price Target Prediction for 2028*^

 13

ZENITHSTL Share Price Target Prediction for 2030*^

 14
ZENITHSTL Current Book Value 2023
Data Not Available

*Zenith Steel Pipes & Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ZENITHSTL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ZENITHSTL Technical Analysis

Candlestick Pattern: @8.58

ZENITHSTL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 8.78 SELL 8.71 SELL
MA_12 8.99 SELL 8.97 SELL
MA_20 9.18 SELL 9.13 SELL
MA_32 9.43 SELL 9.38 SELL
MA_50 9.93 SELL 9.55 SELL
MA_100 10 SELL 9.62 SELL
MA_200 9.19 SELL 8.93 SELL

ZENITHSTL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 9.18 Downtrend
MACD -0.04 SELL
ADX 18.84 NO or Weak Trend
DMI (+/-) 8.42 / 21.67 Downtrend

ZENITHSTL Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 33.81 Neutral
STOCHASTIC_K (Fast) 31.46 Neutral
STOCHASTIC_D (Slow) 19.71 Oversold
CCI -212.51 SELL
PSAR 9.46 SELL
TRUE RANGE 0.79 Neutral
ATR 0.52 Neutral
WILLIAMS R -66.28 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 44.49 Neutral
STOCHASTIC RSI D 14.83 Oversold
MOMENTUM -0.78 SELL

ZENITHSTL Last 1 Year Trend

Duration Value
1 Year 114.5%
3 Months -12.45%
1 Month -8.33%
1 Week -6.54%

ZENITHSTL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 27%
SELL 73%

Most popular Questions & Answers about ZENITHSTL


Zenith Steel Pipes & Industries Limited stock last traded price is 8.85. ZENITHSTL share price moved Up by 0.8% from its previous close of Rs 8.78.

Zenith Steel Pipes & Industries Limited share price trend is Up with a total of 110444 stocks traded till now. It has touched an intraday high of Rs 15.6045 and an intraday low of Rs 8.5. The ZENITHSTL trading at 8.85, Up by Rs. 0.07, or 0.8 percent which suggests that most of the Traders are anticipating that the price of ZENITHSTL share should go Up and the Stop Loss will be around 8.78.

The market cap of Zenith Steel Pipes & Industries Limited is ₹18.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Zenith Steel Pipes & Industries Limited as of Nov 22, 2024 is 29.98.

The current price to book ratio for Zenith Steel Pipes & Industries Limited as of Nov 22, 2024 is N/A.

The highest price of Zenith Steel Pipes & Industries Limited stock is ₹15.45 in the last 52-week.

The lowest price of Zenith Steel Pipes & Industries Limited stock is ₹5.55 in the last 52-week.

Zenith Steel Pipes & Industries Limited share trading at ₹8.85, Up by Rs. 0.07, or 0.8 percent which suggests that most of the traders are anticipating that the price of ZENITHSTL share should go Up.

In 2023, Stock price target for Zenith Steel Pipes & Industries Limited (ZENITHSTL) are ₹5.8 on downside and ₹11.2 on upside. Zenith Steel Pipes & Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Zenith Steel Pipes & Industries Limited (ZENITHSTL) are ₹11.2 on downside and ₹11.6 on upside. Zenith Steel Pipes & Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Zenith Steel Pipes & Industries Limited (ZENITHSTL) are ₹11.6 on downside and ₹12.2 on upside. Zenith Steel Pipes & Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Zenith Steel Pipes & Industries Limited (ZENITHSTL) will be around ₹13 Zenith Steel Pipes & Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ZENITHSTL.

The price of Zenith Steel Pipes & Industries Limited (ZENITHSTL) shares moved by 0.8%. The short-term trend for ZENITHSTL share price is Up. It implies that the share price of ZENITHSTL will stay the same tomorrow and that intraday traders should treat VWAP at 8.78 as a stop loss. Investors with a long-term outlook can track ZENITHSTL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ZENITHSTL stock is 0.8. Compared to the current market price of 8.85 INR, the ZENITHSTL stock is Overvalued by 91%.

As per the fundamental analysis of Zenith Steel Pipes & Industries Limited (ZENITHSTL), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.07.


NSE:ZENITHSTL News & Other Useful Information about ZENITHSTL Share Price


Peer Comparison of NSE: ZENITHSTL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Tubes & Pipes

Company Price EPS BV
APLAPOLLO 1418.25 9.32 104.11
RATNAMANI 3466.25 72.81 459.57
WELCORP 700.60 16.48 135.86
MAHSEAMLES 641.00 64.46 418.64
JINDALSAW 297.00 29.78 159.36
SURYAROSNI 565.05 29.63 198.83
GOODLUCK 944.00 44.83 311.61
HITECH 165.30 2.41 25.65
MANINDS 297.65 17.55 195.65
GANDHITUBE 755.25 47.84 183.33
Updated at: 22 Nov 2024 15:58

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