A lot of factors here seem to depend on macros. Everyone expecting the “real estate” and “PM Jal Jeevan Yojana” cycle to play out for the growth while we are not even sure that whether Prince pipes(which has a smaller capacity and market presence) will be the one to benefit from it or Astral
(which has a large capacity and doing capex to increase it even more).+ Finolex CEO said that PVC prices are likely to be down for quite sometime as PVC from China will be dumped on India.
Please let me know ur views.
disc.- Invested in prince pipes since 1 year but wasn’t able to identify these points at that time
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