Is Prince pipe good for long term investment?

Prince Pipes & Fittings Ltd. quote is equal to 732.900 INR at 2021-12-07. Based on our forecasts, a long-term increase is expected, the “542907” stock price prognosis for 2026-11-30 is 3406.660 INR. With a 5-year investment, the revenue is expected to be around +364.82\%.

Is it good to invest in Prince pipes?

Impressively, Prince Pipes and Fittings has grown EPS by 35\% per year, compound, in the last three years. Prince Pipes and Fittings shareholders can take confidence from the fact that EBIT margins are up from 9.9\% to 15\%, and revenue is growing. Ticking those two boxes is a good sign of growth, in my book.

How long should you hold A shares?

In most cases, profits should be taken when a stock rises 20\% to 25\% past a proper buy point. Then there are times to hold out longer, like when a stock jumps more than 20\% from a breakout point in three weeks or less. These fast movers should be held for at least eight weeks.

What happens if stock price goes down?

If the stock price falls, the short seller profits by buying the stock at the lower price–closing out the trade. The net difference between the sale and buy prices is settled with the broker. Although short-sellers are profiting from a declining price, they’re not taking your money when you lose on a stock sale.

Are Prince pipes overvalued?

PB vs Industry: 542907 is overvalued based on its PB Ratio (7.2x) compared to the IN Building industry average (1.6x).

Are Prince pipes multibagger?

Even as shares of Prince Pipes and Fittings Ltd have given multibagger return this year so far with the stock rising over 186\% in 2021 (year-to-date or YTD), domestic brokerage and research firm HDFC Securities expects the stock to rally further with the time horizon of up to three months.

Is it good to buy stock when its low?

When a Stock Goes on Sale In the stock market, a herd mentality takes over, and investors tend to avoid stocks when prices are low. The period after any correction or crash has historically been a great time for investors to buy at bargain prices.

Is Prince pipe a good company?

Prince Pipes and Fittings Limited (PPFL) is one of India’s largest PVC pipe manufacturers & multi polymer processors. Incorporated in 1987, and a highly regarded PVC pipes brand, winning the Brand of the Year – Pipes Award at INEX Realty+ Awards 2021.

Is Prince pipes debt free?

According to the last reported balance sheet, Prince Pipes and Fittings had liabilities of ₹5.22b due within 12 months, and liabilities of ₹408.5m due beyond 12 months. Simply put, the fact that Prince Pipes and Fittings has more cash than debt is arguably a good indication that it can manage its debt safely.

What is the price of Prince pipes IPO?

Prince Pipes IPO is a main-board IPO of 28,248,586 equity shares of the face value of ₹10 aggregating up to ₹500.00 Crores. The issue is priced at ₹177 to ₹178 per equity share. The minimum order quantity is 84 Shares. The IPO opens on Dec 18, 2019, and closes on Dec 20, 2019.

What are the long term price targets for Prince Pipes & Fittings Ltd?

The 3 reports from 2 analysts offering long term price targets for Prince Pipes & Fittings Ltd. have an average target of 622.50. The consensus estimate represents a downside of -13.39\% from the last price of 718.70. Reco – This broker has downgraded this stock from it’s previous report.

Is princepipe trading bearish?

PRINCEPIPE is trading in the upper range of yearly prices. PRINCEPIPE is trading in the lower range of the quarterly prices. The session was a bearish session and prices moved within a range of 610.30 and 622.00, with a volume of 22.4\% compared to average volume that Prince Pipes normally has.

How many distributors does Prince piping systems have?

The company sells the products under Prince Piping Systems brand name to 843 distributors which further sell them to wholesalers, retailers and plumbers. The products under Trubore are directly sold to 212 wholesalers and retailers.