 "PVC pipes")
Shares of Prince Pipes and Fittings soared 18 per cent to hit a new high of Rs 393 on the BSE in Thursday's intra-day trade after the company reported a robust set of numbers in the December quarter (Q3FY21).
The firm's net profit rose 175 per cent year-on-year (YoY) to Rs 67 crore in the third quarter of FY21 on the back of higher revenues. The company had posted a profit of Rs 24 crore in the year-ago quarter.
The company’s revenue from operations stood at Rs 549 crore in Q3FY21, up 39 per cent YoY, as compared to Rs 396 crore
