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

The company logged a 7 percent year-on-year rise in net profit at Rs 94.11 crore for the quarter ended March.

Prince Pipes climbs 4.5% on March quarter results

Buzzing stocks of Tata Steel, Central Bank, Spandana Sphoorty, Brookfield REIT, IDBI Bank, Patanjali Foods, Gujarat Containers, Prince Pipes, Angel One, Varun Beverages, Ambuja Cements, Fino Payments Bank, Cigniti, Axis Bank, Blue Star, Biocon

Stocks to watch on May 2, 2023

Geojit recommended accumulate rating on Prince pipes and fittings with a target price of Rs 635 in its research report dated March 31, 2023.

Accumulate Prince pipes and fittings; target of Rs 635: Geojit

Stocks to watch out for today: RITES, HUL,Marico, Adani Wilmar, Adani Power, Prince Pipes , Cipla and more

Stocks in news: Adani Wilmar, Adani Power, HUL, Marico, Cipla and more

Prince Pipes & Fittings stock stood at Rs 575.90 , up 0.17% on BSE. Prince Pipes shares opened marginally higher at Rs 576 against the previous close of Rs 574.90 on BSE today.

Prince Pipes shares unchanged after promoter sells 13.27 lakh shares

Stocks to watch: Infosys, Hindustan Unilever, Info Edge, Lumax Auto, Dilip Buildcon, Cipla, Kirloskar Ferrous, Crisil, Powergrid, KEC International, RITES, Imagicaaworld, Bharat Forge, NINtec Systems, Zee Learn, HG Infra, Prince Pipes

Stocks that will see action on February 20, 2023

Prince Pipes & Fittings Ltd saw volume of 13.37 lakh shares by 10:46 IST on BSE, a 119.2 fold spurt over two-week average daily volume of 11215 shares

Volumes jump at Prince Pipes & Fittings Ltd counter

Pipe demand has improved from December as pvc prices have started stabilising post FY-to-date correction of ~35%.

Prince Pipes - Demand Trend Improving: ICICI Securities

Union Bank in its analyst meet highlighted various initiatives undertaken by the bank and the progress being made to improve the underwriting standards and focus on timely resolution of stressed assets

YES Bank, Union Bank, Arvind Fashions & Prince Pipes: Here’s what analysts say

Hasn't faired 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.