Newmalayalam Steel Ltd vs Riddhi Steel Tube Ltd Stock Comparison

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Last Updated on: Jun 01, 2026

Key Highlights

The Latest Trading Price of Newmalayalam Steel Ltd is ₹ 25.75 as of 01 Jun 15:30 . The P/E Ratio of Newmalayalam Steel Ltd changed from 9.2 on March 2025 to 9.2 on March 2025 . This represents a CAGR of 0.00% over 1 yearsThe P/E Ratio of Riddhi Steel & Tube Ltd changed from 14.9 on March 2021 to 10 on March 2025 . This represents a CAGR of -7.67% over 5 years The Market Cap of Newmalayalam Steel Ltd changed from ₹ 40.37 crore on March 2025 to ₹ 40.37 crore on March 2025 . This represents a CAGR of 0.00% over 1 yearsThe Market Cap of Riddhi Steel & Tube Ltd changed from ₹ 19.36 crore on March 2021 to ₹ 76.19 crore on March 2025 . This represents a CAGR of 31.52% over 5 years The Dividend Payout of Newmalayalam Steel Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Riddhi Steel & Tube Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Newmalayalam Steel Ltd

Newmalayalam Steel Limited was incorporated on March 31, 2017 as NewMalayalam Steel Private Limited', a Private Limited Company with Registrar of Companies, Central Registration Centre.
Further, Company was converted into a Public Limited Company and the name was changed to Newmalayalam Steel Limited' and a fresh Certificate of Incorporation dated February 1, 2024 was issued by the Central Processing Centre.
Company is engaged in manufacturing galvanised pipes, tubes, and sheets. The Company took over the entire business of M/s.
Demac Steel on a going concern basis, through the Business Transfer Agreement in August 2017.
In 2018, the Company commenced manufacturing of galvanised pipes, tubes, and sheets by installing another electric resistance welding tube mill of an installed capacity of 3,500 MT in their manufacturing unit at Thrissur, in Kerala.

About Riddhi Steel & Tube Ltd

Riddhi Steel and Tube Limited was originally incorporated on September 07, 2001, as Riddhi Steel and Tube Private Limited with the Registrar of Companies, Gujarat.
Company was converted into a Public Limited company and accordingly the name was changed to Riddhi Steel and Tube Limited.
A fresh Certificate of Incorporation was issued on February 01, 2016 by Registrar of Companies, Gujarat. The Company is engaged in activity of manufacturing and trading of Steel and tube pipes including power sector, agro based industries, construction industries, and gas transportation, fire-fighting applications etc.
It manufactures steel square hollow sections (SHS) and rectangular hollow sections (RHS) in a various size and thickness. The Company is an ISO 9001:2008 certified company in compliance with quality management system and has also attained the license from the Bureau of Indian Standard for the various products.

FAQs for the comparison of Newmalayalam Steel Ltd and Riddhi Steel & Tube Ltd

Which company has a larger market capitalization, Newmalayalam Steel Ltd or Riddhi Steel & Tube Ltd?

Market cap of Newmalayalam Steel Ltd is 44 Cr while Market cap of Riddhi Steel & Tube Ltd is 323 Cr

What are the key factors driving the stock performance of Newmalayalam Steel Ltd and Riddhi Steel & Tube Ltd?

The stock performance of Newmalayalam Steel Ltd and Riddhi Steel & Tube Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Newmalayalam Steel Ltd and Riddhi Steel & Tube Ltd?

As of June 1, 2026, the Newmalayalam Steel Ltd stock price is INR ₹25.75. On the other hand, Riddhi Steel & Tube Ltd stock price is INR ₹260.0.

How do dividend payouts of Newmalayalam Steel Ltd and Riddhi Steel & Tube Ltd compare?

To compare the dividend payouts of Newmalayalam Steel Ltd and Riddhi Steel & Tube Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.