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The company also clarified that its promoters, promoter group, and related entities have no interest in the awarding entity. It further confirmed that the transaction does not qualify as a related party transaction under applicable regulatory norms.
Vibhor Steel Tubes is engaged in the business of manufacturing of ERW pipes & tubes, galvanized pipes & tubes, transmission line towers and crash barriers. The company’s standalone net profit jumped 4% to Rs 3.14 crore on 2.8% increase in net sales to Rs 230.96 crore in Q1 FY26 over Q1 FY25.
Shares of Vibhor Steel Tubes rose 0.12% to close at Rs 161.50 on Friday, 05 September 2025.
Growington Ventures India Ltd, Vibhor Steel Tubes Ltd, Shree Rama Multi-Tech Ltd and Andhra Cements Ltd are among the other gainers in the BSE's 'B' group today, 26 August 2025.
Reliable Data Services Ltd spiked 19.99% to Rs 135.87 at 11:54 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.18 lakh shares were traded on the counter so far as against the average daily volumes of 17380 shares in the past one month.
Growington Ventures India Ltd soared 14.20% to Rs 2.01. The stock was the second biggest gainer in 'B' group. On the BSE, 112.63 lakh shares were traded on the counter so far as against the average daily volumes of 86.38 lakh shares in the past one month.
Vibhor Steel Tubes Ltd surged 10.29% to Rs 172.5. The stock was the third biggest gainer in 'B' group. On the BSE, 67799 shares were traded on the counter so far as against the average daily volumes of 2919 shares in the past one month.
Shree Rama Multi-Tech Ltd rose 10.20% to Rs 55.85. The stock was the fourth biggest gainer in 'B' group. On the BSE, 4.84 lakh shares were traded on the counter so far as against the average daily volumes of 77628 shares in the past one month.
Andhra Cements Ltd gained 10.00% to Rs 88.66. The stock was the fifth biggest gainer in 'B' group. On the BSE, 39600 shares were traded on the counter so far as against the average daily volumes of 4584 shares in the past one month.
With the new capacity commissioned, the company’s total capacity has increased to 377,000 MTPA, located across its three plants in Maharashtra, Telangana and Odisha.
Vijay Kaushik, chairman and executive director, Vibhor Steel Tubes, said, “The commencement of supply of ERW and GI pipes from the Sundargarh facility marks a significant milestone in strengthening our production and distribution capabilities, ensuring timely supply and enhanced service to our valued customers. The stateof-the-art plant focuses on production of high value-added products, which is set to significantly boost our margins in the coming quarters. This will also enable us to tap into newer markets and also focus on exports in a big way. We see a significant growth in both our topline and bottomline in the forthcoming quarters.”
Vibhor Steel manufactures a range of steel products, including electric resistance welded pipes, hot-dipped galvanised pipes, hollow section pipes and primer painted pipes among others. The company’s standalone net profit jumped 4% to Rs 3.14 crore on 2.8% increase in net sales to Rs 230.96 crore in Q1 FY26 over Q1 FY25.