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Realty revival to push PVC pipe sales, prop Supreme Industries stock

Strong demand for plastic pipes, higher value-add mix drive earnings upgrade

Topics
PVC pipe | agriculture sector | Housing market

Yash Upadhyaya  |  Mumbai 



PVC pipes
While the company didn't give any forward guidance, it does expect Q4FY21 to be better than last year due to the fillip provided to the housing market. |Photo: Shutterstock

Shares of India’s largest plastic pipe maker Supreme Industries are up over 3 per cent over the past two consecutive sessions in a weak market, after the firm delivered better-than-expected results in the October-December (Q3) period.

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First Published: Thu, January 28 2021. 18:36 IST

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