Archive · 21 Aug 2025
Prince Pipes Shares Surge on 'Buy' Rating Amid Demand Recovery
Prince Pipes, a company that makes pipes, saw its stock price go up after a financial firm said they should be bought.
The company is expected to do better in the future because more people are expected to buy pipes.
Even though the pipe business wasn't doing great earlier, experts think things will improve.
Also, a new tax will be put on imported materials, which should help the pipe companies.
Prince Pipes is also expanding its factories and promoting its brand to get more customers.
They're also partnering with the Indian Railways.
Prince Pipes' shares rose 9% after Motilal Oswal reiterated a 'buy' rating.
Motilal Oswal anticipates a demand recovery from the second quarter of FY26.
The PVC pipes sector faced a weak June quarter due to muted demand and fluctuating raw material prices.
The DGTR recommended imposing Anti-Dumping Duty (ADD) on PVC Suspension Resins from select countries.
Prince Pipes plans to invest ₹1.6–1.7 billion over the next nine months.
- Who
- Prince Pipes & Fittings and Motilal Oswal
- What
- Prince Pipes' shares increased in value after a 'buy' rating from Motilal Oswal.
- When
- The share price increased in Thursday's intraday session.
- Where
- India
- Why
- Due to an expected demand recovery, stable PVC prices, and expected ADD-led support.
Financial Analysts
Market Observers
Analyst Rating
Financial Analysts
Motilal Oswal believes the company is well-placed.
Market Observers
The article does not represent the opposing viewpoints.
- Share Price Increase
- 9%
- Brokerage Rating
- Buy
- Target Price
- ₹440
- FY26 Demand Recovery
- From 2Q
- Planned Capex
- ₹1.6–1.7 billion (next nine months)