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Sambhv Steel Tubes surges 7% after approval of Kuthrel unit expansion in Chhattisgarh

News by Aliceblue News Desk

10 Dec 2025

Sambhv Steel Tubes surges 7% after approval of Kuthrel unit expansion in Chhattisgarh

Introduction

Leading steel manufacturer approved an expansion at its Kuthrel Unit, Raipur, to increase Cold Rolling and Continuous Galvanizing capacity to 1,16,000 MT annually, targeting captive needs and growing market demand.

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Share price movement of Sambhv Steel Tubes

On December 9, 2025, Sambhv Steel Tubes Ltd opened at ₹92.05, up 0.16% from its previous close of ₹91.90. The stock reached a high of ₹97.75 (+6.44%) and a low of ₹87.05 (-5.26%). By 3:27 PM, it traded at ₹96.65, a 5.17% increase, with a market cap of ₹2,848.00 crore.

Sambhv Steel Tubes Approves Capacity Expansion

Sambhv Steel Tubes Limited announced its Board of Directors approved an expansion plan for manufacturing Stainless Steel Cold Rolled Coils and Pre-Galvanized Coils at its Kuthrel Unit, Raipur.

The plan includes increasing capacity of the Cold Rolling Mill with Bright Annealing Line and adding a Continuous Galvanizing Line. The total proposed capacity after expansion is 1,16,000 MT per annum.

The expansion will be completed by Q4 FY26 with an investment of ₹500 million financed through internal accruals. The project aims to meet captive requirements and growing market demand.

Stock performance of Sambhv Steel Tubes for Period of 1 week and 1 months

Sambhv Steel Tubes Ltd delivered a 12.0% decline over the past week and a 24.8% decline over the past month.

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Shareholding pattern of Sambhv Steel Tubes

ParticularsSep 2025Jun 2025
Promoter56.20%56.10%
FII2%4%
DII3.00%6.80%
Public38.50%33.40%

About Sambhv Steel Tubes

Sambhv Steel Tubes Ltd (NSE: SAMBHV), incorporated in 2018, manufactures finished products including ERW black pipes, tubes, and GI pipes using sponge iron, blooms, slabs, and hot-rolled coils as intermediate materials.

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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.

FAQs

Q: Why is Sambhv Steel Tubes Ltd share price going up today?

A: Sambhv Steel Tubes Ltd share price is rising after the board approved an expansion plan for Cold Rolled and Pre-Galvanized Coils at Kuthrel Unit, Raipur.

Q: What does Sambhv Steel Tubes Ltd specialize in?

A: Sambhv Steel Tubes Ltd specializes in manufacturing ERW black pipes, tubes, and Galvanized iron pipes using sponge iron, blooms, slabs, and hot-rolled coils.

Q: What is the market capitalization of Sambhv Steel Tubes Ltd?

A: Sambhv Steel Tubes Ltd has a market capitalization of ₹2,848.00 crore as of December 9, 2025.

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