Sambhv Steel Tubes Share Price Rises 6% After Approving Major Capacity Expansion

Sambhv Steel Tubesshare price (NSE: SAMBHV) surged almost 6%, touching an intraday high of ₹97.3 on the BSE. The rally came after the company’s board approved a major expansion of its stainless steel cold-rolled coils and pre-galvanised (GP) coils manufacturing at its Kuthrel Unit in Raipur, Chhattisgarh.

At 11:40 AM, the stock was trading 5.88% higher at ₹97.3, even as the Sensex fell 0.38% to 84,782.7.

Market Snapshot

• Market Cap: ₹2,867.15 crore
• 52-week high: ₹149.24
• 52-week low: ₹87.05
• Day range: ₹86.89 – ₹97.86

Details of the Expansion Plan

The company will expand capacity at its Cold Rolling Mill (CRM) with Bright Annealing (BA) line and its Continuous Galvanising Line (CGL).

• Existing capacity: 58,000 MT per annum for each line
• Current utilisation: 86% for CRM+BA, 100% for CGL
• Planned addition: 58,000 MT per annum to each line
• Total new capacity: 1,16,000 MT per annum per line

The expansion will cost ₹50 crore, fully funded through internal accruals. The project is expected to be completed by Q4 FY26. The company said the move will help meet both internal consumption needs and rising market demand.

Read More: Eternal CEO Deepinder Goyal Reveals ‘Temple’, a New Brain Blood Flow Monitoring Device.

About Sambhv Steel Tubes

Sambhv Steel Tubes is an integrated steel manufacturer based in Raipur, Chhattisgarh, producing a wide range of mild and stainless steel coils, pipes, and tubes. Known for its brand ethos “Sab Sambhv Hai”, the company focuses on innovation and growth. It benefits from backward integration and in-house production of sponge iron, billets, intermediate products and power.

Conclusion

Sambhv Steel Tubes’ strong share price reaction reflects investor confidence in its expansion plans. With the new project set to double capacity and meet growing demand, the company is positioning itself for stronger growth in the coming years.

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