Archive · 29 Sep 2025
JM Financial Initiates Coverage on Supreme Industries with 'Buy' Rating
JM Financial, a financial company, is suggesting people buy stock in Supreme Industries, a large plastic company.
They think the stock price will go up by about 26%.
This is because Supreme Industries makes a lot of plastic pipes, has many factories, and plans to build even more.
JM Financial expects Supreme Industries to grow a lot in the next few years because of their expansion plans and financial strength.
JM Financial initiated coverage on Supreme Industries with a 'Buy' rating.
Target price of Rs 5,400 implies a 26.4% upside.
Supreme Industries is a major player in the plastic pipes industry.
The company operates over 30 plants with a large piping capacity.
JM Financial expects strong growth in piping volume in FY26.
- Who
- JM Financial and Supreme Industries
- What
- Initiated coverage with a 'Buy' rating.
- When
- Currently; forecast FY25-28
- Where
- India
- Why
- Due to factors like capacity expansion and market leadership.
Supreme Industries Overview
JM Financial Analysis
Company Performance
Supreme Industries Overview
Supreme Industries is a major plastic company, particularly in pipes, which fuels growth.
JM Financial Analysis
JM Financial provides an investment strategy focused on growth and expansion, with a 'buy' recommendation.
- Analyst
- JM Financial
- Rating
- Buy
- Target Price
- Rs 5,400
- Upside Prediction
- 26.4%
- Company
- Supreme Industries
- Piping Capacity
- 946kt (kilo tonne)
