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The improve displays the sustained enchancment within the firm’s enterprise danger profile pushed by the wholesome income development and working efficiencies.
The rankings replicate the robust enterprise danger profile marked by its market place in home plastic pipe business supported by various product portfolio, geographical presence, and end-user business, intensive expertise of promoters, and a sturdy monetary danger profile.
These score strengths are partially offset by presence in a extremely aggressive business, average capability utilization, susceptibility to volatility in uncooked materials costs, and average working capital necessities.
Prince Pipes & Fittings was buying and selling at Rs636.25 apiece down by Rs11.9 or 1.84% on the BSE, at round 11:33 AM.
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