Venus Pipes & Tubes Ltd. News and Updates

Name: Latest research reports of Venus Pipes & Tubes Ltd. authored by Anand Rathi and published by - Trendlyne research reports.
Item: Venus Pipes & Tubes Ltd.
Rating: 5
Author: Anand Rathi

Keep track of all breaking news on Venus Pipes & Tubes Ltd. from all sources in a single place.

Venus Pipes & Tubes Ltd.

18 Mar 2025

1311.80

1.50%

Broker's call: Venus Pipes and Tubes (Buy)

Business Line

Over the last five years, Venus Pipes and Tubes enhanced its cumulative capacity by 4.1x to 38,400 tonnes

Venus Pipes & Tubes Ltd. has lost -37.47% in the last 1 Year

Venus Pipes & Tubes Ltd.

13 Mar 2025

1311.80

1.50%

Capacity addition, strong volume momentum to continue; retaining a Buy

Buy: Venus Pipes & Tubes Ltd.

Anand Rathi

Over the last five years, Venus Pipes and Tubes enhanced its cumulative capacity by 4.1x to 38,400 tonnes. Under the next leg of expansion, it is enhancing its presence in high-grade stainless steel/titanium-welded tubes, fittings and seamless pipes/tubes, thus taking the cumulative capacity to 46,800 tonnes.

Venus Pipes & Tubes Ltd. is trading above its 50 day SMA of 1276.1

Venus Pipes & Tubes Ltd.

19 Feb 2025

1311.80

1.50%

Venus Pipes Shares Soar As Investec Initiates Coverage On Rapid Capacity Expansion

NDTV Profit

Significant revenue growth posted by Venus Pipes had sent signals for strong execution on capacity expansion, Investec said.

Venus Pipes & Tubes Ltd. is trading below its 100 day SMA of 1344.0

Venus Pipes & Tubes Ltd.

14 Feb 2025, 04:25PM

1311.80

1.50%

Venus Pipes Tubes Q3 results: PAT drops 22% to Rs 18 cr, revenue up 11%

Business Standard

Stainless steel pipes and tubes manufacturers and exporters Venus Pipes & Tubes on Friday reported a 22 per cent fall in net profit to Rs 18 crore for the December quarter of 2024-25 compared to Rs 23.27 crore in the year-ago period. However, the company increased total income by 11.7 per cent in the third quarter to Rs 231.3 crore from Rs 207.1 crore in the same period last year. "Strong export demand continued during the quarter, with exports rising by 153 per cent YoY. Growth was driven by robust demand from the US and Middle East & Africa market for welded pipes and tubes, while European demand continued to remain strong," the company said in a statement. Exports accounted for 38.5 per cent of revenue during the quarter. "Domestically, sales remain impacted by sluggish private and government sector capex," Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd said. For the first nine months of FY25, net profit rose by 14 per cent to Rs 69 crore while revenue was up .