Plastic Pipe Stocks To Buy: Motilal Oswal Assigns ‘Buy’ Rating To These Three Stocks — Check Target Price

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Though Q1 FY26 was weighed down by weak macros, muted demand, and inventory losses from PVC volatility, we expect the PVC pipes industry to see a gradual recovery from Q2 FY26 (on a low base), with a further pickup in momentum from H2 FY26.

This will be supported by improving PVC prices (with the implementation of anti dumping duty), leading to channel restocking, a pickup in government infrastructure push, and improving housing demand.

Additionally, companies across the sector are signaling a healthy recovery in volumes from Jul-Aug’25 and retaining their FY26 guidance with double-digit volume growth.

We reiterate our Buy rating on Supreme Industries (target price: Rs 5,350), Astral (target price: 1,650), and Prince Pipes (target price: Rs 440).

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.