Archive · 7 Sep 2025
Nuvama Recommends Buying Venus Pipes Stock With 80% Upside
Nuvama, a financial company, thinks a stock called Venus Pipes is a good buy.
They believe the stock could go up by over 80%.
Venus Pipes makes stainless steel pipes and tubes.
The company's revenue went up in the last quarter, but their profits went down a little.
Despite this, Nuvama is optimistic because Venus Pipes has a lot of orders and is making more of its special products.
The company expects its business to grow more, and they have a big order from a major Indian company.
Nuvama recommends buying Venus Pipes stock with a target price of ₹2,260.
The firm sees over 80% upside potential for the stock.
Venus Pipes' Q1 revenue increased by 15.1% to ₹276.4 crore.
Net profit declined by 9.8% in Q1.
The company has a healthy order book of ₹5.6bn, and expects margins to stabilize.
- Who
- Nuvama Institutional Equities recommends buying Venus Pipes stock.
- What
- Nuvama sees an 80% upside in Venus Pipes stock.
- When
- The brokerage firm gave the recommendation recently.
- Where
- Venus Pipes is a Gujarat-based stainless steel pipes manufacturer.
- Why
- Due to a strong order book and increased share of value-added products.
- Stock Recommendation
- Buy
- Target Price
- ₹2,260
- Upside Potential
- Over 80%
- Venus Pipes Q1 Revenue
- ₹276.4 crore
- Q1 Revenue Increase
- 15.1%
- Net Profit Decline
- 9.8%
- EBITDA Margin
- 16.2%
- Order Book
- ₹5.6bn