India's Sambhv Steel Tubes rises as Q1 profit doubles

Sambhv Steel Tubes

25/07/2025 05:50

** Shares of Sambhv Steel Tubes SMBV.NS rise as much as 5% to 144 rupees

** Steel pipe maker reported consol net profit doubled Q/Q to 338.7 mln rupees ($11,560.96) in June-qtr; rev from ops rises 12.8% Q/Q

** Co started trading in Mumbai on July 2

** Stock up 31% since debut

($1 = 86.4980 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))