Prince Pipes And Fittings
PVC price pressure dents earnings; Nuvama says 'Hold' Astral, Supreme Ind
A sharper-than-expected decline in PVC prices following the lack of anti-dumping duty (ADD) and the withdrawal of BIS norms has further worsened the operating environment
 "PVC price pressure dents earnings; Nuvama says 'Hold' Astral, Supreme Ind")
JM Fin bullish on PVC pipe cos; initiates coverage on Supreme Ind, Astral
The brokerage has initiated coverage on Astral and Supreme Industries, while re-initiating coverage on Prince Pipes & Fittings
 "JM Fin bullish on PVC pipe cos; initiates coverage on Supreme Ind, Astral")
Axis Sec initiates coverage on Prince Pipes, eyes 18% upside; do you own?
Axis Securities values the company at 27x FY27E EPS, we arrive at a target price of ₹400 per share, implying an upside of 18 per cent from the current market price
 "Axis Sec initiates coverage on Prince Pipes, eyes 18% upside; do you own?")
Prince Pipes share skyrockets 36% in 6 months; analysts see 31% more upside
While the near-term demand environment remains muted due to volatile PVC prices and weak trade sentiment, Prince Pipes remains confident of delivering high single-digit volume growth in FY26.
 "Prince Pipes share skyrockets 36% in 6 months; analysts see 31% more upside")
After five-quarter choke, growth flows freer for PVC pipe makers
Resin prices level out and housing demand returns, unclogging earnings channels for industry majors
 "After five-quarter choke, growth flows freer for PVC pipe makers")
Prince Pipes, Supreme Ind: Plastic pipe stocks rise up to 9%; here's why
Prince Pipes, Astral, Supreme Industries, and other plastic pipe stocks jumped up to 8.8 per cent in trade; check reasons, recommendations
Motilal Oswal sector of the week: Pipes; Astral, Supreme Ind among top bets
Leading companies like Prince Pipes, Astral, and Supreme Industries are aggressively entering related markets like industrial components, water tanks, and bathware
 "Motilal Oswal sector of the week: Pipes; Astral, Supreme Ind among top bets")
Here's why Nuvama remains upbeat on Prince Pipes; Check target price here
Analysts attributed this outlook to India's burgeoning real estate sector recovery and robust infrastructure developments, which are driving demand for plastic pipe manufacturers like Prince Pipes
 "Here's why Nuvama remains upbeat on Prince Pipes; Check target price here")
Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS
Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year
 "Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS")
Prince Pipes soars 15%, hits fresh record high as Q4 profit grows 246% YoY
In the past one year, the stock has zoomed 680 per cent as against a 56 per cent rally in the S&P BSE Sensex
 "Prince Pipes soars 15%, hits fresh record high as Q4 profit grows 246% YoY")
