ICICI Securities reiterates Buy on Supreme Industries; Rs 4,035 target
ICICI Securities says it met Supreme Industries management and highlights healthy Q2FY27-TD demand momentum in pipes tied to a favourable PVC price trend and channel partner restocking. Target: Rs 4,035.
ICICI Securities research report on Supreme IndustriesWe recently met the management of Supreme Industries (SI). Takeaways: 1) Demand momentum in pipes is healthy in Q2FY27-TD, as the PVC price trend is favourable, resulting in restocking by channel partners. 2) Margin trajectory remains steady and…