Support and Resistance Levels
Past performance
About Zenith Steel Pipes & Industries Ltd Zenith Steel Pipes & Industries Ltd, previously Zenith Birla (India) Limited, is a prominent Indian manufacturer specializing in ERW and SAW steel pipes. Established in 1960, the company operates through two main divisions: the pipes division in Khopoli, and the tools division in Nasik and Aurangabad, focusing on HSS cutting tools for the auto and engineering sectors. Its subsidiaries include Zenith (USA) Inc. and Zenith Middle East FZE, highlighting its international reach.
Over the years, Zenith Steel has diversified its operations, including ventures in chemical and textile industries, but has refocused on steel pipes after divesting non-core divisions. The company has expanded its production capacity significantly, and its shares are listed on both the National Stock Exchange and the Bombay Stock Exchange. The strategic demerger and amalgamation in 2010 facilitated increased production capacity, underscoring the company's commitment to growth and innovation in the steel pipe industry.