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Prince Pipes Downgraded To 'Neutral' By Yes Securities Amid Demand Weakness, Policy Delays

Prince Pipes has seen a sharp 40.5% drop in its stock price over the past year, underperforming the Nifty significantly and reflecting investor concerns around growth, profitability adds the brokerage

<div class="paragraphs"><p>Prince Pipes expects high single-digit revenue growth for 9M FY26 and has maintained its guidance of 12% Ebitda margin by Q4 FY26E, despite current headwinds. </p><p>(Photo Source: Company website).</p></div>
Prince Pipes expects high single-digit revenue growth for 9M FY26 and has maintained its guidance of 12% Ebitda margin by Q4 FY26E, despite current headwinds.

(Photo Source: Company website).

Yes Securities cuts Prince Pipes EPS estimates by 6% for FY26E and 5% for FY27E; the stock now trades at a high P/E of 47x for FY26E, suggesting rich valuations amid earnings pressure.
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