Short term swing trade (B): Capital Goods stock | Indian stock trading advice on 23 Jun 2026

NOTE

Closing Price: ₹1,673 (as of Jun 22, 2026)
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
Upside Potential#: Based on median of the suggested buy range.

Venus Pipes & Tubes Limited is a leading manufacturer of stainless-steel pipes and tubes, serving customers across India and international markets. Its product portfolio includes seamless and welded pipes, heat exchanger tubes, hydraulic and instrumentation tubes, and LSAW pipes.

The company caters to a wide range of industries, including oil & gas, chemicals, power, pharmaceuticals, engineering, food processing, defence, and aerospace. Products are marketed through direct sales, distributors, stockists, and export channels.

Founded in 2015, Venus Pipes & Tubes is headquartered in Gandhidham, Gujarat, and has established a growing presence in both domestic and global stainless-steel tubing markets.

Q4 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Record revenue year: Q4 revenue stood at ₹302 crore, up 17% YoY. FY26 revenue reached a record ₹1,167 crore, growing 22% YoY, making it the company's best-ever annual performance.
Steady profit growth: Q4 net profit came in at ₹26 crore, while FY26 net profit rose to ₹102 crore, up around 10% YoY despite a challenging global environment.
Margins remained stable: Operating margin stayed at 16% for FY26, largely unchanged from the previous year. However, EBITDA increased 19% YoY in absolute terms.
Domestic business led growth: Domestic revenue surged 47% YoY in Q4, while export revenue declined 22% YoY due to disruptions in the Middle East.
Growth initiatives for FY27: The company is entering the Pipe Spooling Solutions segment with a ₹70 crore capex plan and has secured a ₹190 crore Letter of Intent from a data center customer. The order book expanded 2.5x YoY to ₹450 crore, while new fittings and seamless pipe capacities have also been commissioned.

Financial Highlights

Metric	Q4 FY26 (Mar '26)	Q3 FY26 (Dec '25)	Q4 FY25 (Mar '25)	QoQ Change	YoY Change
Revenue from Operations	302	297	258	▲ 1.7%	▲ 17.1%
EBITDA (Operating Profit)	49	49	42	—	▲ 16.7%
EBITDA Margin (OPM %)	16%	16%	16%	—	—
Net Profit (PAT)	26	26	24	—	▲ 8.3%
EPS (₹)	12.31	12.36	11.6	▼ 0.4%	▲ 6.1%

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Technical Analysis

Key Observations

The stock has recently broken above the neckline of a double bottom pattern.
If the bullish momentum sustains, the price could witness further upside from the current levels.

Traders following swing trading tips in NSE and BSE stocks watch for breakouts to time their entries.

Technical Image - Daily Timeframe

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	75.54	Overbought
CCI-14	351.15	Neutral
MFI	94.22	Overbought
ROC	14.01	Positive
Stochastic %K	91.47	Bullish
William %R	-4.67	Overbought

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
5 EMA	1539	Above
10 EMA	1492	Above
20 EMA	1450	Above
50 EMA	1361	Above
100 EMA	1293	Above
200 EMA	1274	Above

Conclusion

Venus Pipes & Tubes Stock Price Forecast

Based on our stock advice for swing trading, the Venus Pipes & Tubes stock price target will be INR 1760 - INR 1790 in the next 12-14 trading sessions.

MONEY MANAGEMENT AND TRADING RULES

Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.
No need to rush. The recommendation remains valid for up to 7 days, not just at market open.
Use a trailing stop-loss to protect and lock in profits.
Diversify your trading capital across our other recommended stocks to reduce risk.
Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

Your Return Could be Much Better

Increase your Profitable!

10—12 swing trade advice / month
expected upside 6%—8% per trade
short term trade holding 1-2 weeks
minimum capital required ₹ 3-lakh
receive trade advice before 9:00 am
trade ideas by blackbox system, relied on statistics, technical, fundamental, macroeconomics and sentiment
Stocks only — no intraday or F&O