Zenith Steel Pipes & Industries Share Price

Zenith Steel Pipes & Industries Investment Rating

• Master Rating:

• Zenith Steel Pipes & Industries has an operating revenue of Rs. 200.35 Cr. on a trailing 12-month basis. An annual revenue growth of 86% is outstanding, Pre-tax margin of 9% is okay, ROE of -4% is poor and needs improvement. NULL The stock from a technical standpoint is trading below to its 50DMA and around 91% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 98 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at D- which indicates heavy supply, Group Rank of 98 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has some strength but we want to see some buyer interest and further fundamental performance to qualify as a growth stock.