Scoda Tubes Ltd. Share Price

Stocks to Watch —

Positives Fino Payments Bank: RBI grants in-principle approval to convert into a Small Finance Bank. BIOCON : Announces merger of its biologics unit in a $5.5 billion deal. Ashoka Buildcon, Cochin Shipyard, MTAR Tech, HFCL, Zen Tech: Receive key order wins. DABUR , IOL Chemicals & Pharma, India Pesticides: Obtain regulatory approvals. Eternal: Block deal likely. Greenply, Gateway Distriparks, Usha Martin: Promoter buying reported. CEAT: To raise ₹250 crore via NCDs. Dynamatic Technologies: Signs agreement with Dassault Aviation. Railtel: Appointed by MEA as project implementing agency. NBCC: Sells 175 Noida units via e-auction worth ₹485 crore. Bansal Wire: FY22 GST demand reduced to ₹92.90 lakh from ₹99.62 crore. Ola Electric: Begins mass delivery of 4,680 Bharat Cell–powered vehicles. Cochin Shipyard: Signs new shipbuilding contracts with Svitzer. Negatives Thirumalai Chemical: Extended Maleic Anhydride outage to significantly hit revenue. NewGen Software: Kuwait-based entity withdraws tender. UNOMINDA : Terminates JV with its German partner. Aditya Vision: Fire at Bihar warehouse; operations temporarily disrupted. Pine + Lenskart, Scoda Tubes: Shares to exit anchor lock-in; volatility likely. Travel Food Services: CBI files FIR over alleged irregularities in 2012–13 Chennai & Kolkata airport F&B tenders.

Scoda Tubes Share Price Update: Stock ends at ₹147 apiece on NSE, 5% premium to IPO price

📈 Scoda Tubes Share Price Listing Update (4 June 2025) Scoda Tubes made a steady debut in the stock market today, listing flat at ₹140—equal to its IPO issue price—before closing at ₹147 on the NSE, delivering a **5% listing gain** for investors. On the BSE, the stock ended at ₹146.95, up 4.96%. Launched on **May 28**, the ₹220 crore IPO—**entirely a fresh issue** with no Offer for Sale (OFS)—was met with strong investor interest, getting **oversubscribed 53.78 times**. The proceeds will support capacity expansion in its stainless-steel tubes and pipes business. The stock is available on both NSE and BSE and is temporarily placed in the **Trade-for-Trade (T group)** segment for the first 10 sessions to curb speculative activity. **Sector focus:** Scoda Tubes supplies stainless-steel solutions to EPC, oil & gas, chemical, fertilizer, and power sectors. **Investor allocation:** * 50% QIBs * 35% Retail * 15% Non-Institutional Investors 📊 **Takeaway**: A flat listing turned mildly positive, reflecting strong fundamentals and solid demand, though investors may wait for more volume activity post the T group restriction period. TATASTEEL

Scoda Tubes share price hits 5% upper circuit after flat listing

NESCO Scoda Tubes share price was locked in at 5% upper circuit on Wednesday after the stock made a flat debut in the Indian stock market. Scoda Tubes shares jumped 5% from its listing price to a high of ₹146.95 apiece on the BSE. Scoda Tubes shares made a flat debut on Dalal Street as the stainless-steel tubes and pipes manufacturer’s stock was listed at ₹140 per share, which is equal to its issue price of ₹140 per share. The stock declined after the listing and fell to an intraday low of ₹136.00 apiece on the BSE. However, buying momentum in Scoda Tubes shares intensified, and the stock jumped as much as 4.96% from its listing price to freeze at upper circuit of ₹146.95 apiece. Source- Mint

Sensex Today | Stock Market LIVE Updates:

Benchmark indices traded higher on Wednesday, buoyed by positive global cues and renewed optimism around a potential breakthrough in US-China trade talks. The Sensex jumped over 200 points, while the Nifty crossed the 24,600 mark, led by gains in Bharti Airtel and Eternal. Top Movers Gainers: BHARTIARTL , ETERNAL , EICHERMOT , INDUSINDBK , MARUTI , TATAMOTORS , and BAJFINANCE were among the top performers on the Sensex. Losers: On the flip side, TCS , ULTRACEMCO , TITAN , and ICICIBANK saw selling pressure. Institutional Activity Foreign institutional investors (FIIs) continued their selling streak for the third consecutive session on June 3, offloading equities worth Rs 2,853.83 crore, adding to market caution. Market Highlights Scoda Tubes debuted flat at Rs 140 on the NSE and BSE. TATATECH shares slipped amid reports of TPG offloading a 2.1% stake via a block deal. WIPRO gained after signing a multi-year deal with US-based security firm Entrust. IDEA fell 2% following Ericsson’s Rs 428 crore stake sale through a bulk deal. Global Market Snapshot S&P 500 futures were largely unchanged as of 1:18 p.m. Tokyo time Japan’s Topix rose 0.5% Hong Kong’s Hang Seng gained 0.7% Euro Stoxx 50 futures edged up 0.2%

Dalal Street: Key Things to Watch This Week (June 2–8, 2025)

Markets saw a mild dip last week (Nifty -0.4%, Sensex -0.33%) due to global worries. But hope is back, and experts expect rangebound trading with a "buy on dips" approach. Here's what could move the markets: Top 10 Things to Watch: 1️⃣ RBI Policy (June 6): Markets await the RBI interest rate decision. A 0.25% rate cut is expected as inflation is low. More focus will be on RBI's future guidance. 2️⃣ Economic Data (India): • PMI Manufacturing (June 2) & Services (June 4) – Indicators of economic activity • Bank loan growth & forex reserves – Due on June 6 3️⃣ US Jobs Data: Watch for unemployment numbers and payroll data. It may hint at what the US Fed does next with rates. 4️⃣ ECB Rate Decision (June 5): The European Central Bank may cut interest rates, which could support global sentiment. 5️⃣ Auto Sales Data: Monthly sales figures will affect auto stocks. Early signs look positive. 6️⃣ FIIs & DIIs Activity: • FIIs sold ₹418 crore last week, but were net buyers in May (₹11,773 crore) • DIIs bought ₹33,145 crore last week – the highest since Jan 7️⃣ Oil Prices: Brent crude fell to $62.78/barrel. Lower oil helps India (an importer). But eyes on OPEC+ meeting as supply could rise again. 8️⃣ IPO Watch: Quiet week on mainboard. • Ganga Bath Fittings (SME) opens June 4 • Listings: Aegis Vopak (June 2), Prostarm (June 3), Scoda Tubes (June 4) 9️⃣ Mid & Small Caps: These outperformed last week and may stay in focus if positive momentum continues. 🔟 Global Events: • US-China trade tensions • Trump tariffs and legal tussles could add some uncertainty Bottom Line: With RBI policy, auto data, and global signals in play, it could be a choppy but positive week. Watch interest rate-sensitive sectors like PSU banks & autos. Stick to buying on dips and focus on strong fundamentals.

Scoda Tubes IPO Subscribed 21x – What It Means?

Scoda Tubes, a stainless-steel pipes and tubes manufacturer from Gujarat, is getting a lot of attention for its IPO (Initial Public Offering). Here's everything you need to know: What is an IPO? An IPO is when a company sells its shares to the public for the first time to raise money. Scoda Tubes IPO Highlights: • Price Band: ₹130 to ₹140 per share • IPO Size: ₹220 crore (fresh issue, no shares sold by existing owners) • Purpose: To expand factory capacity, manage working capital & other business needs Huge Demand on Day 3: • Shares Offered: 1.18 crore • Shares Booked: 24.13 crore • ✅ Subscription: 21 times oversubscribed. (That means for every 1 share available, 21 were requested) Who's Investing? • Non-Institutional Investors (HNIs): Subscribed 58.28 times • Retail Investors: Subscribed 12.27 times • Big Institutions (QIBs): Subscribed 6.11 times GMP (Grey Market Premium)? • Current GMP is around 16%, which means the shares are trading unofficially for about ₹22 above the issue price. • This shows positive market sentiment, but GMP is not guaranteed profit. Key Dates: • Allotment Date: June 2 • Listing Date: June 4 (NSE & BSE) Summary: Scoda Tubes IPO is seeing strong demand across all investor categories. With good subscription numbers and decent grey market premium, many investors are hopeful — but remember, IPO investments come with risks. Always do your own research before investing.