External broker reports(aggregated public sources), Sharekhan

Sharekhan

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Q2FY2025 earnings were hit by the sharp fall in PVC prices, weak infrastructure demand and extended monsoons.</li><li>However, stabilization of PVC prices at lower levels, expected pick-up in housing, agriculture and infrastructure demand is expected to result in strong H2 performance.</li><li>The management has guided for overall volume growth of 14-15% y-o-y and plastic piping volume growth of 16-18% y-o-y in FY2025. Consolidated OPM guidance is of 14.5-15.25%.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Q2FY2025 earnings were hit by the sharp fall in PVC prices, weak infrastructure demand and extended monsoons.However, stabilization of PVC prices at lower levels, expected pick-up in housing, agriculture and infrastructure demand is expected to result in strong H2 performance.The management has guided for overall volume growth of 14-15% y-o-y and plastic piping volume growth of 16-18% y-o-y in FY2025. Consolidated OPM guidance is of 14.5-15.25%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Supreme Industries Ltd - Strong H2 to Drive Growth; Maintain Buy