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Venus Pipes & Tubes Ltd

(VENUSPIPES)

₹1590.40.61%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Venus Pipes & Tubes Ltd Analyst Rating

based on 5 analysts

BUY

83.33%

Buy

16.67%

Hold

0.00%

Sell

Based on 5 analysts offering long term price targets for Venus Pipes & Tubes Ltd. An average target of ₹2560.8

Source: S&P Global Market Intelligence

Venus Pipes & Tubes Ltd Share analysis

Venus Pipes & Tubes Ltd price forecast by 5 analysts

Upside of60.04%

High

₹2960

Target

₹2560.80

Low

₹2062

Venus Pipes & Tubes Ltd target price ₹2560.8, a slight upside of 60.04% compared to current price of ₹1590.4. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Venus Pipes & Tubes Ltd Performance

  • Day's Low

    Day's High

    ₹1,583.65
    Day's Price Range
    ₹1,627.4
  • 52 Week's Low

    52 Week's High

    ₹1,293.05
    52-Week Price Range
    ₹2,450.35
1 Month Return-2.21 %
3 Month Return-27.5 %
1 Year Return+ 20.07 %
Previous Close₹1,600.10
Open₹1,624.10
Volume57.82K
Upper Circuit-
Lower Circuit-
Market Cap₹3,285.52Cr

Venus Pipes & Tubes Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹3,285.52 Cr
P/B Ratio9.43
EPS0
Dividend Yield0
SectorSteel
ROE23.61

Venus Pipes & Tubes Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹3,285.52 Cr70.31%0.64NANA
NA₹1,551.94 Cr165.87%0.59₹96 Cr₹621 Cr
NA₹127.31 Cr-3.9%0.67NANA
NA₹128.85 Cr103.24%0.65NANA
BUY₹2,745.08 Cr134.37%0.75₹98 Cr₹3,130 Cr

About Venus Pipes & Tubes Ltd

Venus Pipes & Tubes Ltd. is a stainless steel manufacturer and exporter that produces 5 product lines including stainless steel high precision heat exchanger tubes, stainless steel hydraulic instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes. Since its incorporation in 2015, Venus Pipes & Tubes Ltd. has established a manufacturing plant in Dhaneti, Gujarat, and increased their production lines of stainless steel seamless pipes in 2017. Exported products are sent to countries such as the European Union, Brazil, United Kingdom and Israel. They are one of the leading stainless steel pipes and tubes manufacturers in the industry that provide products for a variety of industries, such as chemicals, engineering, fertilizers, pharmaceuticals, power, food processing, paper, and oil and gas.

Share Price: ₹1590.40 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,285.52Cr as of today
Listing date: 24 May, 2022
Chairperson Name: Jayantiram Motiram Choudhary
OrganisationVenus Pipes & Tubes Ltd
HeadquartersKutch
IndustrySteel
E-voting on sharesClick here to vote

Key events for Venus Pipes & Tubes Ltd

  • Venus Pipes Reports Strong Q2 Sales Growth - 27 Nov, 2024

    Venus Pipes & Tubes Ltd reported standalone net sales of Rs 228.95 crore for September 2024, marking a 19.65% year-on-year increase. The net profit for the period was Rs 23.66 crore, reflecting solid operational performance.
  • Venus Pipes Reports Strong Q2 Growth Amid Exports - 14 Nov, 2024

    Venus Pipes & Tubes announced a 17% increase in profit after tax to ₹23.7 crore for Q2 FY25, with revenue rising nearly 20%. Exceptional export demand significantly contributed to this growth, with exports now making up 33% of revenue. The company remains optimistic about future performance despite domestic challenges.
  • Venus Pipes Declares Dividend and Appoints CSO - 13 Nov, 2024

    Venus Pipes and Tubes Limited declared an interim dividend of INR 0.50 per share for FY 2024-2025 and appointed Neelanjan Dev Bharadwaj as Chief Strategy Officer, effective November 14, 2024.

Insights on Venus Pipes & Tubes Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.10% to 5.25% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 27.7% return, outperforming this stock by 10.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 33.03% to 32.66% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.60% to 3.29% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 48.68% to 47.94% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, VENUSPIPES stock has moved down by -25.6%

Venus Pipes & Tubes Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹137.66Cr (-)₹248.01Cr (↑80.16%)₹507.60Cr (↑104.67%)₹757.88Cr (↑49.31%)
Total Liabilities₹97.73Cr (-)₹119.48Cr (↑22.26%)₹185.39Cr (↑55.16%)₹351.78Cr (↑89.75%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2.41Cr (-)₹11.33Cr (↑370.12%)-₹60.00Cr (↓629.57%)₹8.69Cr (↓114.48%)₹52.23Cr (↑501.04%)

Index Inclusions

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Venus Pipes & Tubes Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
47.94%
-1.52
Foreign Institutions
5.25%
2.90
Mutual Funds
3.29%
-8.45
Retail Investors
32.66%
-1.13
Others
10.86%
13.23

Venus Pipes & Tubes Ltd Key Indicators

Details20202021202220232024
Return On Equity %29.0484.0937.619.6223.61

Venus Pipes & Tubes Ltd Earnings and Dividends

  • Venus Pipes & Tubes Ltd Dividends November,2024

    In the quarter ending September 2024, Venus Pipes & Tubes Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.06%.

    Read More about Dividends

Venus Pipes & Tubes Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Venus Pipes & Tubes Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Venus Pipes & Tubes Ltd

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Venus Pipes & Tubes Ltd (VENUSPIPES) share price today is ₹1590.4

Venus Pipes & Tubes Ltd is listed on NSE

Venus Pipes & Tubes Ltd is listed on BSE

  • Today’s highest price of Venus Pipes & Tubes Ltd is ₹1627.4.
  • Today’s lowest price of Venus Pipes & Tubes Ltd is ₹1583.65.

Today’s traded volume of Venus Pipes & Tubes Ltd(VENUSPIPES) is 57.82K.

Today’s market capitalisation of Venus Pipes & Tubes Ltd(VENUSPIPES) is ₹3285.52Cr.

Venus Pipes & Tubes Ltd(VENUSPIPESPrice
52 Week High
₹2450.35
52 Week Low
₹1293.05

Venus Pipes & Tubes Ltd(VENUSPIPES) share price is ₹1590.4. It is down -35.09% from its 52 Week High price of ₹2450.35

Venus Pipes & Tubes Ltd(VENUSPIPES) share price is ₹1590.4. It is up 23.00% from its 52 Week Low price of ₹1293.05

Venus Pipes & Tubes Ltd(VENUSPIPESReturns
1 Day Returns
-9.7%
1 Month Returns
-2.21%
3 Month Returns
-27.5%
1 Year Returns
20.07%