Sambhv Steel Tubes Share Price: Newly Listed Stock Hits ASM Stage 1 Within Just 9 Trading Days

Sambhv Steel Tubes Share Price: Newly Listed Stock Hits ASM Stage 1 Within Just 9 Trading Days

Market Performance: Sambhv Steel Tubes Share Price Sees Volatile Debut

Sambhv Steel Tubes made its debut on the stock exchanges on July 2, and in less than two weeks, the share price has shown sharp volatility.

  • The stock closed 6% lower on Monday at ₹117.57.
  • Despite the drop, the share price remains 44% higher than the issue price of ₹82.
  • Sambhv's current market capitalization is estimated to be close to ₹3,500 crores.

These rapid price movements have led to the stock being brought under the Stage 1 Short-term Additional Surveillance Measure (ASM) framework by the exchanges.

Main News: Sambhv Steel Tubes Enters ASM Framework in Just Nine Trading Sessions

Within just nine trading sessions, Sambhv Steel Tubes has triggered regulatory parameters that placed it under Stage 1 of the ASM framework, meant to curb excessive volatility and protect retail investors.

Key Triggers for ASM Inclusion:

  • Five out of nine trading days saw price swings of 5% or more, including on the listing day.
  • Day-wise price movements:
    • July 2 (Listing Day): +19%
    • July 3: +4%
    • July 8: +12%
    • July 9: +8%
    • July 10: +5.1%
  • Such variations cross the 25% close-to-close movement threshold in five trading sessions, qualifying for ASM Stage 1.
  • The Top 25 clients contributed over 30% of trading volume across both NSE and BSE, another ASM condition.

Company Details: About Sambhv Steel Tubes Ltd.

Sambhv Steel Tubes Ltd. is a domestic manufacturer of Electric Resistance Welded (ERW) steel pipes and structural tubes. The company caters to diverse sectors requiring steel infrastructure products.

  • Listed on July 2, 2025
  • Issue price: ₹82 per share
  • Current closing price: ₹117.57
  • Market capitalization: ~₹3,500 Crore

Impact of ASM Stage 1 on Sambhav Steel Tubes Share Price

Once a stock enters Stage 1 of the Short-term ASM, several trading restrictions apply:

  • Increased margin requirement:
    • 1.5 times the existing margin OR
    • Minimum 40% margin (whichever is higher)
    • Margin cap: 100%
  • High-value traders impacted:
    • Top 10 clients with gross trade value above ₹10 lakh face a 100% margin on traded value.
  • Disclosure compliance:
    • Exchanges will ask the company for any material announcements to be disclosed.
    • Stock details are highlighted in the Exchange's Surveillance Dashboard to alert retail investors.

Summary of the Article

The Sambhv Steel Tubes share price has shown a dramatic post-listing trajectory, gaining significant value in a short period but also triggering volatility alarms.

Due to:

  • Large swings in stock price,
  • High concentration of trading volumes among top clients,
  • And short-term volatility thresholds are being breached,

The stock is now under Stage 1 of the ASM framework. This inclusion means stricter margin requirements and closer surveillance, aimed at investor protection and curbing speculative trading.

Despite a 6% drop on Monday, the stock remains well above its listing price, highlighting both investor interest and the need for regulatory caution.

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