Ambit Institutional Equities highlights that new products can drive upgrades for Venus Pipes, maintains target of Rs 2336
Published on: June 3, 2026, 3:35 p.m. | Source: The Tribune
Ambit highlights that Venus Pipes Rev/EBITDA grew 17%/19% YoY, in line with their estimates. Recovery in domestic business (47% YoY) drove growth in Q4 FY26; exports declined 22% YoY as geopolitical issues cropped up. Management highlighted that remaining capacity additions...
