{
Prince Pipes and Fittings Limited

Companies

}

Prince Pipes shows potential for recovery after significant market correction

Prince Pipes, the fifth-largest plastic pipe manufacturer in India, has seen its stock correct approximately 50% from all-time highs, driven by underwhelming financial performance and market sentiment. The company’s quarterly results reflect improved realizations, and medium-term prospects are bolstered by government spending on housing and infrastructure, alongside potential anti-dumping duties on PVC resin imports. With a capex guidance of Rs 330-350 crores for FY25, the recommendation is to accumulate shares for both short-term and long-term gains.
Moneycontrol
Indian Rupee Prince Pipes and Fittings Limited IND CHN
Finance & Economy, Market Report
04:58 29.11.2024

Goldman Sachs lowers price targets for Astral and Prince Pipes amid recovery

Goldman Sachs has reduced its price target for Astral to Rs 2,170 from Rs 2,410 while maintaining a 'buy' rating, noting a gradual recovery in margins and volume for pipe manufacturers. For Prince Pipes & Fittings, the rating has been downgraded to 'neutral' with a target price cut to Rs 480 from Rs 705, amid challenges from extended monsoons and falling PVC prices.
Moneycontrol
Indian Rupee Astral Ltd. Prince Pipes and Fittings Limited IND
Finance & Economy, Market Report
04:51 25.11.2024
Trending
Subcategory:
Cryptocurrency Markets Stock Market Updates Cryptocurrency Trends Central Bank Actions Cryptocurrency & Blockchain Regulations Market Sentiment Analysis Employment Reports Banking & Investment Regulations Banking Regulations Corporate Responsibility & ESG Anti-Money Laundering (AML) Regulations Decentralized Finance (DeFi) Innovations Tokenomics and Crypto Economics Inflation Rates & CPI Data Blockchain Technology Adoption Hedge Funds & Private Equity Cryptocurrency Regulations Market Analysis and Predictions Cryptocurrency Developments Emerging Startups
Countries:
USA GBR CHE DEU RUS IND CHN CAN FRA JPN SGP ARE ESP KEN TWN MYS BRA LUX KOR THA
Companies:
Coinbase Global, Inc. Apple Inc. Solana USD NVIDIA Corporation Ethereum USD Tesla, Inc. Ripple USD USD Chainlink USD Bitwise Bitcoin ETF BlackRock, Inc. Fidelity Contrafund MicroStrategy Inc UBS Group AG Kraken Energy Corp. Ripples USD Microsoft Corporation Delta Air Lines, Inc. Bank of America Corporation Bitcoin USD VanEck Vietnam ETF
Currencies:
United States Dollar Euro Swiss Franc British Pound Sterling Japanese Yen Indian Rupee Canadian Dollar Swedish Krona Chinese Yuan Singapore Dollar South Korean Won New Taiwan Dollar Armenian Dram Thai Baht Philippine Peso Russian Ruble Vietnamese Đồng
People:
Donald Trump Elon Musk Ali Martinez Cynthia Lummis Joe Biden Paul Atkins Gary Gensler Brad Garlinghouse Matt Hougan Bill Hughes Sr Tim Scott Elizabeth Warren Jerome Powell Keith Ammon James Howells Bernie Moreno Laurent Marochini Margaret Harwood-jones Jimmy Carter Dave McCormick

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.