Supreme Industries, Astral, and Prince Pipes are some of the key players operating in the Indian plastic piping space. The brokerage believes these companies are well-positioned to gain further market share and deliver healthy earnings, hence initiates coverage on Supreme Industries, Astral, and Prince Pipes.
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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:
fluctuation in polymer prices,
stagnation in real estate demand,
threat from competition, and
dilution of brand name.
Click on the attachment to read the full report:
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