Supreme Industries, Astral, Prince Pipes Gets Motilal Oswal's 'Buy' Rating As It Initiates Coverage

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Motilal Oswal Report

We initiate coverage on:

Supreme Industries Ltd., Astral Ltd., and Prince Pipes and Fittings with a Buy rating.

These companies are some of the key players operating in the Indian plastic pipes space. We believe that these companies are well-positioned to gain further market share and deliver a healthy earnings trajectory.

Key risks:

1. fluctuation in polymer prices,

2. stagnation in real estate demand,

3. threat from competition, and

4. dilution of brand name.

Click on the attachment to read the full report:

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