Sambhv Steel Tubes: In the meeting held on October 29, 2026, the board has approved the new project of its wholly owned subsidiary
Sambhv Steel Tubes (SAMBHV) filed a disclosure titled "In the meeting held on October 29, 2026, the board has approved the new project of its wholly owned subsidiary". The company is valued at about ₹4,967 crore.
What happened
Sambhv Steel Tubes (SAMBHV) filed a disclosure with the exchanges on 29 October 2026 at 01:51 PM titled "In the meeting held on October 29, 2026, the board has approved the new project of its wholly owned subsidiary".
Company snapshot
Sambhv Steel Tubes is a small-cap company, with a market value of about ₹4,967 crore.
The stock last traded at ₹168.6, against a 52-week range of ₹81.42–₹175.5 (4.0% below the high).
Before this filing the shares had moved +10.6% over the month and +40.7% over three months. Average daily turnover over the last 20 sessions was about ₹51.2 crore.
Promoters held 56.11% at the end of Q1 FY27, down 0.04% points from the previous quarter. Foreign institutions owned 1.53% and domestic institutions 3.19%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 559 | 33.9 | 1.41 |
| Q2 FY26 | 580 | 30.6 | 1.04 |
| Q3 FY26 | 589 | 24.4 | 0.83 |
| Q4 FY26 | 685 | 53.3 | 1.81 |
| Q1 FY27 | 732 | 56.5 | 1.92 |
What history shows
BCEIE's records show 1 previous approval filing from the company since May 2026.
Market-wide, 1,527 approval filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- 29 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Sambhv Steel Tubes Limited Estimates – NSE:SAMBHV
- Sambhv Steel's Stainless Steel Bet Raises the Stakes on Capacity Growth
- Sambhv Steel allots 86.95 lakh equity warrants at ₹115 each
- SAMBHV 52 Week High Streak: Price, Valuation, Sector
- Broad-Based Technical Strength Lifts Sambhv Steel Tubes Ltd to 52-Week High of Rs 174.9
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.