The table below shows the long-term pipe stocks based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | 5Y CAGR % |
Astral Ltd | 64638.37 | 2342.4 | 31.98 |
APL Apollo Tubes Ltd | 43561.64 | 1553.0 | 57.22 |
Ratnamani Metals and Tubes Ltd | 25253.8 | 3641.0 | 40.57 |
Finolex Industries Ltd | 19981.69 | 318.0 | 25.49 |
Jindal SAW Ltd | 17564.25 | 569.0 | 48.59 |
Electrosteel Castings Ltd | 11686.78 | 184.5 | 62.22 |
Maharashtra Seamless Ltd | 8754.84 | 638.0 | 25.01 |
Man Industries (India) Ltd | 3002.74 | 484.5 | 56.1 |
Hi-Tech Pipes Ltd | 2099.48 | 129.99 | 35.27 |
Shankara Building Products Ltd | 1710.43 | 711.0 | 13.1 |
Content:
- What is Long Term Pipe Stock?
- Features Of Long Term Pipe Stocks
- Best Long Term Pipe Stocks
- Top Long Term Pipe Stocks
- Long Term Pipe Stocks List
- Factors To Consider When Investing In Long Term Pipe Stocks
- How To Invest In Long Term Pipe Stocks?
- Advantages Of Investing In Long Term Pipe Stocks?
- Risks Of Investing In Long Term Pipe Stocks?
- Introduction to Long Term Pipe Stocks
- Long Term Pipe Stocks – FAQs
What is Long Term Pipe Stock?
Long-term pipe stock refers to investments in companies that manufacture and supply pipes and related products used in various industries, such as oil and gas, construction, water supply, and sewage systems. These stocks are considered for long-term investment due to the essential nature of pipeline infrastructure and the continuous demand for maintenance and new installations.
Features Of Long Term Pipe Stocks
The features of long-term pipe stocks include several key aspects that make them reliable and efficient for various applications over an extended period. These characteristics ensure durability, performance, and cost-effectiveness, making them a preferred choice in many industries.
1. Durability and Longevity: Long-term pipe stocks are designed to withstand harsh environmental conditions and maintain their integrity over many years, reducing the need for frequent replacements.
2. Corrosion Resistance: These pipes are often made from materials that resist corrosion, ensuring they remain functional and safe even in corrosive environments.
3. High-Pressure Tolerance: Long-term pipe stocks are capable of handling high-pressure applications without deforming or bursting, making them suitable for demanding industrial uses.
4. Low Maintenance Requirements: Due to their robust construction and material quality, long-term pipe stocks typically require minimal maintenance, resulting in lower overall operational costs.
5. Versatility in Application: These pipes can be used in a wide range of settings, from water supply systems to industrial pipelines, due to their adaptable properties.
6. Cost Efficiency: Investing in long-term pipe stocks often proves cost-effective in the long run, as their durability and low maintenance reduce replacement and repair expenses over time.
Best Long Term Pipe Stocks
The table below shows the best long-term pipe stocks based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Rama Steel Tubes Ltd | 11.25 | 11836092.0 |
Man Industries (India) Ltd | 484.5 | 1874723.0 |
Jindal SAW Ltd | 569.0 | 1611637.0 |
Hi-Tech Pipes Ltd | 129.99 | 1474340.0 |
Electrosteel Castings Ltd | 184.5 | 1241256.0 |
Astral Ltd | 2342.4 | 855016.0 |
Finolex Industries Ltd | 318.0 | 642905.0 |
Maharashtra Seamless Ltd | 638.0 | 560682.0 |
Prakash Pipes Ltd | 531.0 | 483473.0 |
APL Apollo Tubes Ltd | 1553.0 | 413721.0 |
Top Long Term Pipe Stocks
The table below shows top long term pipe stocks based on the PE Ratio.
Name | Close Price | PE Ratio |
Maharashtra Seamless Ltd | 638.0 | 8.81 |
Jindal SAW Ltd | 569.0 | 9.51 |
Prakash Pipes Ltd | 531.0 | 13.62 |
Electrosteel Castings Ltd | 184.5 | 14.92 |
Kisan Mouldings Ltd | 77.0 | 15.56 |
Shankara Building Products Ltd | 711.0 | 24.68 |
Man Industries (India) Ltd | 484.5 | 29.05 |
Ratnamani Metals and Tubes Ltd | 3641.0 | 41.84 |
Kriti Industries (India) Limited | 196.45 | 46.51 |
Finolex Industries Ltd | 318.0 | 47.21 |
Long Term Pipe Stocks List
The table below shows the long term pipe stocks list based on 1 Year Return.
Name | Close Price | 1Y Return % |
Kisan Mouldings Ltd | 77.0 | 463.28 |
Man Industries (India) Ltd | 484.5 | 253.52 |
Electrosteel Castings Ltd | 184.5 | 208.53 |
Prakash Pipes Ltd | 531.0 | 197.65 |
Jindal SAW Ltd | 569.0 | 88.91 |
Finolex Industries Ltd | 318.0 | 84.83 |
Hi-Tech Pipes Ltd | 129.99 | 74.25 |
Kriti Industries (India) Limited | 196.45 | 54.14 |
Ratnamani Metals and Tubes Ltd | 3641.0 | 52.68 |
Maharashtra Seamless Ltd | 638.0 | 32.45 |
Factors To Consider When Investing In Long Term Pipe Stocks
The primary factor to consider when investing in long-term pipe stocks is the company’s financial health, as this determines its ability to weather economic fluctuations and sustain growth.
1. Market Demand: Assess the demand for pipes in various sectors such as construction, oil and gas, and water management to gauge potential growth.
2. Technological Advancements: Companies investing in innovative pipe technologies may have a competitive edge and better long-term prospects.
3. Regulatory Environment: Understanding the impact of regulations on the pipe industry can help predict potential challenges or advantages.
4. Supply Chain Stability: A robust and reliable supply chain is crucial for consistent production and delivery, influencing a company’s reliability and profitability.
5. Dividend History: Evaluate the company’s history of dividend payments to understand its financial stability and commitment to returning value to shareholders.
How To Invest In Long Term Pipe Stocks?
To invest in long-term pipe stocks, start by researching companies with strong financials, consistent demand, and innovative technologies. Evaluate market trends and government policies affecting the industry. Diversify your investments to mitigate risks. Open a trading account and complete your KYC through Alice Blue by visiting here.
Advantages Of Investing In Long Term Pipe Stocks?
The main advantage of investing in long-term pipeline stocks is the potential for stable and reliable income due to consistent demand for energy infrastructure.
1. Dividend Yields: Pipeline companies often offer attractive dividend yields, providing a steady income stream for investors.
2. Inflation Hedge: These stocks typically have contracts linked to inflation, protecting against rising costs.
3. Capital Appreciation: Long-term growth prospects due to increasing energy demand can lead to capital gains.
4. Economic Moat: Pipeline networks are hard to replicate, giving these companies a competitive edge and market stability.
5. Regulated Revenues: Many pipeline companies operate under regulated frameworks, ensuring predictable and stable revenue streams.
Risks Of Investing In Long Term Pipe Stocks?
The risk of investing in long-term pipe stocks lies in various factors that can significantly affect their value over time. These risks are diverse, ranging from market volatility to regulatory changes.
1. Market Volatility: Long-term investments in pipe stocks are susceptible to market fluctuations, which can cause significant variations in stock prices.
2. Regulatory Changes: Changes in government regulations or environmental laws can impose additional costs or restrictions on pipeline operations, impacting profitability.
3. Commodity Price Risk: The performance of pipe stocks is often linked to the prices of commodities they transport, such as oil and gas, which can be highly volatile.
4. Operational Risks: Issues such as pipeline leaks, maintenance problems, and technological failures can lead to unexpected expenses and operational disruptions.
5. Geopolitical Risks: Political instability in regions where pipelines operate can disrupt supply chains and affect stock performance.
6. Interest Rate Risk: Rising interest rates can increase the cost of capital for pipeline companies, affecting their financial health and stock value.
Introduction to Long Term Pipe Stocks
Astral Ltd
The Market Cap of Astral Ltd stands at Rs. 64,638.37 crore. The stock’s monthly return is 10.65%. Its one-year return is 31.18%. The stock is 4.76% away from its 52-week high.
Astral Limited is an India-based pipe company. The Company is engaged in manufacturing plumbing and drainage systems in India. The Company has 2 segments that include Plumbing and Adhesives. The Plumbing segment includes pipes, water tanks, faucets, and sanitaryware.
The Company’s products include plumbing pipes & fittings, sewerage drainage pipes & fittings, agriculture pipes & fittings, water tanks, industrial pipes & fittings, cable protection, urban infrastructure, fire sprinklers pipes & fittings, ancillary products, solvent cement, insulation tubes, and specialty fittings. The plumbing pipes & Fittings products include Astral CPVC PRO, Astral Pex-a PRO, Astral Multi PRO, Astral Aquarius, and Astral ECO PRO.
APL Apollo Tubes Ltd
The Market Cap of APL Apollo Tubes Ltd is Rs 43,561.64 crores. The stock’s monthly return is -4.77%. Its one-year return is 18.72%. The stock is 15.90% away from its 52-week high.
APL Apollo Tubes Limited is a producer of structural steel tubes in India. The Company is engaged in the business of production of electric resistance welded (ERW) steel tubes. Its multi-product offerings include over 1,100 varieties of pre-galvanized tubes, structural steel tubes, galvanized tubes, MS black pipes, and hollow sections.
The Company offers its products under various brands, which include Apollo Fabritech, Apollo Build, Apollo Agri, Apollo Elliptical, Apollo Oval, Apollo D Section, Apollo Narrow, and Apollo Chaukhat, among others. Its products are used in various applications, which include agricultural and plumbing, firefighting, furniture, metros, railings, solar panels, balcony grills, sheds, greenhouse structures, plumbing, and lighting poles, among others.
Ratnamani Metals and Tubes Ltd
The market cap of Ratnamani Metals and Tubes Ltd is Rs. 25,253.80 crores. The stock’s monthly return is 4.38%. Its one-year return is 52.68%. The stock is 8.18% away from its 52-week high.
Ratnamani Metals and Tubes Limited is an India-based holding company. The Company is engaged in manufacturing Stainless Steel and Welded Pipes and Tubes in India. It has a product range that services approximately 20 user sectors.
The Company provides critical tubing and piping solutions to a diverse range of industries and niche markets in core sectors, such as oil and gas, refinery and petrochemical, dairy, chemical and fertilizer, thermal, solar and nuclear power, liquefied natural gas (LNG), desalination, defense, aerospace, chillers and cooling system, pulp and paper industry, automobile, and others. The Company’s manufacturing facilities are located in the state of Gujarat, India.
Finolex Industries Ltd
The Market Cap of Finolex Industries Ltd is Rs. 19,981.69 crores. The stock’s monthly return is -7.45%. Its one-year return is 84.83%. The stock is 11.92% away from its 52-week high.
Finolex Industries Limited is an India-based backward-integrated manufacturer of polyvinyl chloride (PVC) pipes and fittings. The Company is engaged in the manufacturing of micro-irrigation systems, fittings, accessories, and a range of irrigation components. The Company operates through two segments: PVC and PVC pipes and fittings.
It offers a wide range of products in various sizes, pressure classes, and diameters suitable for diversified applications across the two main categories: plumbing sanitation, and agriculture products. Its plumbing pipes and fittings products include American Society for Testing and Materials (ASTM) pipes and fittings; chlorinated polyvinyl chloride (CPVC) pipes and fittings; soil, waste, and rainwater pipe (SWR) pipes and fittings; sewerage pipes, and solvent cement, lubricant, and primer.
Jindal SAW Ltd
The Market Cap of Jindal SAW Ltd is Rs. 17,564.25 crores. The stock’s monthly return is -2.01%. Its one-year return is 88.91%. The stock is 5.10% away from its 52-week high.
Jindal Saw Limited is an India-based manufacturer and supplier of iron and steel pipes and pellets having manufacturing facilities in India, the United States (U.S.), and United Arab Emirates (U.A.E). The Company’s segments include Iron & Steel, Waterways Logistics, and Others. The Iron & Steel segment consists of the manufacturing of iron and steel pipes and pellets.
The Waterways Logistics segment consists of inland and ocean-going shipping business. The Others segment includes call center and information technology services. The Company manufactures submerged arc welded (SAW) pipes and spiral pipes for the energy transportation sector; carbon, alloy, and seamless pipes and tubes for industrial applications; and ductile iron (DI) pipes and fittings for water and wastewater transportation.
Electrosteel Castings Ltd
The Market Cap of Electrosteel Castings Ltd is Rs. 11,686.78 crore. The stock’s monthly return is 14.02%. Its one-year return is 208.53%. The stock is 12.74% away from its 52-week high.
Electrosteel Castings Limited is an India-based pipeline solution provider. The Company is engaged in the business of manufacturing ductile iron (DI) pipes, ductile iron fittings (DIF), and cast iron (CI) pipes. Its products also include ductile iron flange pipes, restrained joint pipes, cement, and ferroalloys. The Company operates through the pipes and fittings segment.
The Company’s products DI pipes and DIF are used for various applications, such as water transmission and distribution, desalination plants, stormwater drainages, and sewage treatment plants. The Company’s manufacturing facilities are spread across five locations in India. It caters to a customer base spread around the Indian subcontinent, Europe, North and South America, Southeast Asia, the Middle East, and Africa.
Maharashtra Seamless Ltd
The market capitalization of Maharashtra Seamless Ltd is Rs. 8754.84 crore. The stock’s monthly return is -2.57%. Its one-year return is 32.45%. The stock is 71.94% away from its 52-week high.
Maharashtra Seamless Limited is an India-based company engaged in manufacturing steel pipes and tubes. The Company operates through segments such as Steel Pipes & Tubes, Power Electricity, and RIG. The Company manufactures seamless pipes and tubes with a product range using CPE technology.
The Company offers electric resistance welding (ERW) pipes, including mild steel (MS) and galvanized pipes, American Petroleum Institute (API) line pipes and oil country tubular goods (OTCG) casing tubing; seamless pipes, such as hot finished pipes and tubes, fusion-bonded epoxy coating, internal coating and three-layer polypropylene, and pipe fittings. The Company has also diversified into renewable power generation and rig operations.
Man Industries (India) Ltd
The Market Cap of Man Industries (India) Ltd is Rs. 3002.74 crores. The stock’s monthly return is 23.99%. Its one-year return is 253.52%. The stock is 6.03% away from its 52-week high.
Man Industries (India) Limited is an India-based company, which is engaged in the business of manufacturing, processing, and trading of submerged arc welded pipes and steel products. The Company offers longitudinal submerged arc welded line pipes for use in oil, gas, petrochemicals, fertilizers, and dredging, and helically submerged arc welded line pipes for use in oil and gas transportation, water supply, sewerage, agriculture, and construction, as well as for high-pressure applications.
It also provides various options for coating systems, which include external coating systems, internal coating systems, and internal coating systems. The Company’s LSAW pipes are approximately 16 inches to 56 inches in diameter.
Hi-Tech Pipes Ltd
The Market Cap of Hi-Tech Pipes Ltd is Rs. 2,099.48 crores. The stock’s monthly return is 4.35%. Its one-year return is 74.25%. The stock is 30.78% away from its 52-week high.
Hi-Tech Pipes Limited is an India-based company that is engaged in manufacturing and supplying electric resistance welding (ERW) steel round and section pipes, cold rolled strips, and engineering products and distribution of the same across India. Its key products include black hollow sections and round pipes, galvanized and pre-galvanized pipes, and cold rolled coils (CR).
Its products are used in multiple sectors, including infrastructure, construction, automobiles, energy, agriculture, defense, engineering, and telecom. It operates under the manufacturing of Steel Tubes & Pipes. Its product brands include JalShakti, Organic Pipes, FireFighter, Bahubali, Pre-Gal, Casewell, Shakti, Flatmax, Crashguard, Pillar, ColorStar and Metal GC Sheet.
Shankara Building Products Ltd
The Market Cap of Shankara Building Products Ltd is Rs. 1,710.43 crore. The stock’s monthly return is 1.66%. Its one-year return is -1.56%. The stock is 29.40% away from its 52-week high.
Shankara Building Products Limited is an omnichannel marketplace of home improvement and building products in India, operating under the brand, Shankara Build Pro. The Company is engaged in selling various building products to Retail, Channel, and Enterprise segments.
It caters to a customer base spread across various end-user segments in urban and semi-urban markets through a retail-led, multi-channel sales approach complemented by processing facilities, supply chains, and logistics facilities. It has various product categories, including structural steel, cement, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting, and other allied products.
Long Term Pipe Stocks – FAQs
Long-term pipe stocks refer to shares of companies involved in the manufacturing, distribution, and sale of piping systems used in various industries like construction, oil and gas, and water infrastructure. These stocks are considered long-term investments due to the consistent demand for piping infrastructure.
The Best Long Term Pipe Stocks #1:Astral Ltd
The Best Long Term Pipe Stocks #2:APL Apollo Tubes Ltd
The Best Long Term Pipe Stocks #3:Ratnamani Metals and Tubes Ltd
The Best Long Term Pipe Stocks #4:Finolex Industries Ltd
The Best Long Term Pipe Stocks #5:Jindal SAW Ltd
The top 5 stocks are based on market capitalization.
The top long term pipe stocks based on one-year returns are Kisan Mouldings Ltd, Man Industries (India) Ltd, Electrosteel Castings Ltd, Prakash Pipes Ltd, and Jindal SAW Ltd.
Investing in long-term pipe stocks can be advantageous due to steady demand driven by infrastructure development and maintenance needs. However, it involves risks like market volatility and changes in regulatory policies. Investors should evaluate the company’s financial health and industry outlook before committing.
To invest in long-term pipe stocks, you need to open an account with a stockbroker. Research and select a reputable stock broker, then use their platform to buy shares of pipe manufacturing companies. Regularly monitor your investments and stay informed about industry trends and company performance.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.