Prince Pipes Shares Jump on Recovery

  Published 11 months ago

Prince Pipes shares rise 5.5% to ₹346.5, hitting a one‑month high amid sector recovery on optimism.

  • Motilal Oswal sees the domestic pipe market recovering, citing anti‑dumping duties and rising demand in India.
  • Growth expected from Q2FY26, product prices bottomed; non‑integrated firms like PRCE will benefit significantly later.
  • Target price ₹440 suggests 25% upside; analysts project margins rising to 12% by Q4 FY25.

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