Prince Pipes & Fittings standalone net profit rises 25.74% in the June 2024 quarter

The stock appears appealing from an operational standpoint

Prince Pipes - Heading In The Right Direction: Anand Rathi

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

Acquisition of bathware brand Aquel to aid batthware segment growth

Prince Pipes - Aquel Acquisition To Enable Better Penetration In Bathware Segment: ICICI Securities

Pipes volume/revenue (up 5%/0% YoY) missed our estimates by 3-8% driven by Apollo Pipes Ltd.,Finolex Industries Ltd., and Prince Pipes and Fittings Ltd.

Building Materials Q3 Results Review - Weak In All Segments To Stay In The Near-Term: Systematix

Near term challenges persist, Hold with a target price of Rs 789.

Prince Pipes Q3 Results Review - Subdued Quarter On Key Parameters: IDBI Capital

The company reported a consolidated net profit of Rs 70.63 crore in September quarter versus a loss of Rs 24.11 crore a year ago.

Prince Pipes Shares Jump Over 15% On Returning To Profit In Q2

Prabhudas Lilladher recommended accumulate rating on Prince Pipes and Fittings with a target price of Rs 816 in its research report dated August 11, 2023.

Accumulate Prince Pipes and Fittings; target of Rs 816: Prabhudas Lilladher

ICICI Securities, which has change the rating from “buy” to “add”, has modelled a pipe volume CAGR of 13.7 percent over FY24 and FY25, driven by demand from the plumbing segment

ICICI Sec downgrades Prince Pipes after 20% rally in 3 months

Prince Pipes: JM Financial has tweaked its FY24-25 estimates and suggested a target of Rs 730. It continued to maintain a positive view on the Prince Pipes stock as it is well placed to ride on real estate recovery and product diversification.

Prince Pipes shares jump 9% after Q4 results. Analyst targets suggest further upside

Prabhudas Lilladher is bullish on Prince Pipes and Fittings has recommended buy rating on the stock with a target price of Rs 716 in its research report dated May 26, 2023.

Buy Prince Pipes and Fittings; target of Rs 716: Prabhudas Lilladher

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The company manufactures polymer pipes and fittings for plumbing, irrigation and sewage disposal. . The Company distributes its products under two brands: Prince Piping Systems and Trubore Piping.