Vibhor Steel Tubes zooms on commencing supply of ERW and GI Pipes from new Odisha plant
Vibhor Steel Tubes is currently trading at Rs. 187.60, up by 31.20 points or 19.95% from its previous closing of Rs. 156.40 on the BSE.
The scrip opened at Rs. 157.65 and has touched a high and low of Rs. 187.60 and Rs. 157.10 respectively. So far 22143 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 286.60 on 24-Sep-2024 and a 52 week low of Rs. 125.00 on 12-Mar-2025.
Last one week high and low of the scrip stood at Rs. 187.60 and Rs. 151.30 respectively. The current market cap of the company is Rs. 317.15 crore.
The promoters holding in the company stood at 73.66%, while Institutions and Non-Institutions held 0.17% and 26.18% respectively.
Vibhor Steel Tubes has commenced supply of the Electric Resistance Welded (ERW) and Galvanized (GI) Pipes produced from its greenfield plant located at Sundargarh in Odisha. Commercial production at the 1,56,000 MTPA facility in Odisha had started in July 2025. The plant, which entailed a total investment of Rs 119.83 crore over 30 months, offers several value-added steel products such as crash barriers, Power Transmission Line Towers, high mast lighting poles, octagonal poles and monopoles.
With the new capacity commissioned, the company’s total capacity has increased to 377,000 MTPA, located across its three plants in Maharashtra, Telangana and Odisha.
Vibhor Steel Tubes is manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils.
