29 Sep 2025 | 3 Mins Read
JM boosts Supreme Industries with 25% upside forecast
Flipitmoney
JM Financial initiates coverage on Supreme Industries with a 'Buy' rating and a target price of Rs 5,400, implying a 26.4% upside. The company operates over 30 units with 946kt piping capacity, has a pan-India presence, and a strong distribution network. Its capacity is set to cross 1mt by FY26 with guided 15-17% piping volume growth.