Prince Pipes - Pipe Demand Remains Buoyant: ICICI Securities

Pipe margins to be in the range of 12-14%

Prince Pipes. 

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ICICI Securities Report

We maintain our estimates for Prince Pipes and Fitting Ltd. and continue to like the company for its long term growth prospects led by its comprehensive product portfolio, focus on enhancing distribution reach and emphasis on branding.

Maintain Add with an unchanged March-25E target price of Rs 723, set at 30 times one-year forward price/earning.

Click on the attachment to read the full report:

ICICI Securities Prince Pipes Company Update.pdf
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