Name: Latest research reports of Prince Pipes & Fittings Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Prince Pipes & Fittings Ltd.
Rating: 5
Author: ICICI Securities Limited

Prince Pipes & Fittings Ltd.

NSE: PRINCEPIPE | BSE: 542907 | ISIN: INE689W01016 | Industry: Plastic Products
| Mid-range Performer

365.4000 1.50 (0.41%)

NSE Jul 10, 2025 12:44 PM

48.17% Fall from 52W High

Volume: 76,373

Prince Pipes & Fittings Ltd.

11 Nov 2022

365.40

0.41%

Tepid quarter due to inventory losses; outlook better

Buy: Prince Pipes & Fittings Ltd.

Target

ICICI Securities Limited

Prince Pipes and Fittings (PRINCPIP) reported revenue decline of 16.4% YoY (+5% QoQ; 3-year CAGR of 14%) in Q2FY23 with volumes down 10.2% YoY (3-year CAGR of 3.6%) as dealers de-stocked due to fall in PVC prices.

Prince Pipes & Fittings Ltd. is trading above its 150 day SMA of 329.4