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Sambhv Steel Tubes: Stock moves up after getting environment clearance for Chhattisgarh project

Sambhv Steel Tubes Limited’s subsidiary, Sambhv Tubes Private Limited, received Environmental Clearance for a Greenfield steel project in Chhattisgarh, covering DRI, billets, rolled products, tubes, alloys, power, and brick plants.

Introduction

Leading steel manufacturing subsidiary receives Environmental Clearance for a Greenfield integrated project in Chhattisgarh, including DRI, billets, rolled products, tubes, galvanized steel, ferro alloys, captive power, and brick manufacturing facilities.

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Share price movement of Sambhv Steel

On November 25, 2025, Sambhv Steel Tubes Limited opened at ₹101.50, down 1.55% from its previous close of ₹103.10. The stock reached a high of ₹107.10 (3.85%) and a low of ₹101.50. By 3:47 PM, it traded at ₹107.05, a 3.83% increase, with a market cap of ₹3,154.46 crore.

Sambhv Tubes Subsidiary Receives Environmental Clearance

Sambhv Steel Tubes Limited announced that its wholly owned subsidiary, Sambhv Tubes Private Limited, received Environmental Clearance (EC) from the Ministry of Environment, Forest and Climate Change on November 24, 2025.

The clearance allows setting up a Greenfield integrated steel project at Village Kesda, Tehsil Simga, District Baloda Bazar–Bhatapara, Chhattisgarh, covering DRI, billets, rolled products, tubes, galvanized steel, ferro alloys, power, and brick plants.

The EC is valid for ten years, extendable by one year. The project is crucial for establishing the new manufacturing site. There are no withdrawals, suspensions, or penalties related to this approval.

Stock performance of Sambhv Steel for Period of 1 week and 1 month

Sambhv Steel Tubes Ltd delivered a -4.59% return over the past week and declined by -7.71% in the past one month.

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Shareholding pattern of Sambhv Steel

ParticularsSep 2025Jun 2025
Promoter56.20%56.10%
FII2.30%3.60%
DII3.00%6.80%
Public38.50%33.40%

About Sambhv Steel

Sambhv Steel Tubes Ltd (NSE: SAMBHV), incorporated in 2018, manufactures ERW steel pipes, structural tubes, GI pipes, and steel door frames using in-house sponge iron, HR coils, CR coils, and pre-galvanized 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 its subsidiary received Environmental Clearance for a Greenfield steel project in Chhattisgarh.

Q: What does Sambhv Steel Tubes Ltd specialize in?

A: Sambhv Steel Tubes Ltd specializes in manufacturing ERW steel pipes, structural tubes, GI pipes, and steel door frames using in-house steel materials.

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

A: The market capitalization of Sambhv Steel Tubes Ltd is ₹3,154.46 crore as of November 25, 2025.

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