Ajay Upadhyaya Makes Fresh Buying In Iron & Steel Products Company; FII And DII Increase Stake

Ajay Upadhyaya Makes Fresh Buying In Iron & Steel Products Company; FII And DII Increase Stake

Ajay Upadhyaya purchased 1.56 lakh shares through a bulk deal on NSE, while FII holding increased to 9.50 per cent and DII stake also edged higher during Q4FY26

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On Friday, the Indian equity benchmarks ended higher, with the benchmark Nifty 50 index closing up 0.27 per cent at 23,719.30. Iron and steel products stocks remained in focus amid continued investor interest and bulk deal activity. In this segment, Hariom Pipe Industries share price gained 3.16 per cent to Rs 344.35 after a fresh bulk purchase transaction was reported on the National Stock Exchange.

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Bulk Deal Details

According to exchange data, Ajay Upadhyaya purchased 1,56,216 equity shares of Hariom Pipe Industries Ltd through a bulk deal on May 21, 2026 at an average price of Rs 327.06 per share on NSE. The transaction was executed in the normal market segment and was disclosed under NSE bulk deal data.

Hariom Pipe Industries Shareholding Pattern

As per the March 2026 shareholding pattern, promoters held 57.27 per cent stake in Hariom Pipe Industries Ltd. Foreign Institutional Investors (FIIs) held 9.50 per cent stake during Q4FY26 compared to 9.23 per cent in the previous quarter. Domestic Institutional Investors (DIIs) held 0.06 per cent stake, while public shareholding stood at 33.19 per cent.

Hariom Pipe Industries Stock Performance

Hariom Pipe Industries Ltd currently commands a market capitalisation of around Rs 1,065 crore. The stock has delivered returns of around 8.48 per cent over the past one month. However, it declined around 1.62 per cent over the past six months and fell nearly 9.87 per cent over the past one year.

About Hariom Pipe Industries

Hariom Pipe Industries Ltd operates in the iron and steel products segment and is engaged in manufacturing and distribution of steel pipes, tubes and related products across domestic markets. The company has witnessed steady institutional participation over recent quarters, with Foreign Institutional Investors (FIIs) holding 9.50 per cent stake as of March 2026.

The company currently has a market capitalisation of around Rs 1,065 crore and continues to remain in focus among investors due to bulk deal activity, changing shareholding trends and stock price movements.

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Disclaimer: This article is for informational purposes only and not investment advice.