Supreme Industries Performance Analyzed
Supreme Industries’ stock price jumped 3.6% on the BSE, reaching ₹3,472.2 per share. At midday, the price was up 2.9% at ₹3,445.9. This increase happened because the company released its financial results for the last three months (Q3FY26), which were pretty close to what experts were expecting.
Key Points
- Stock rose 3.6% on BSE to ₹3,472.2
- Share price up 2.9% to ₹3,445.9 at 12:02 PM
- Q3FY26 results aligned with market estimates
- Net profit down 18% year-on-year to ₹153.37 crore
- Revenue up 7% year-on-year to ₹2,686.94 crore
- Analysts recommend “Buy” with target prices varying.
The company made slightly less profit than before, but sales went up. Experts think this is a good sign because PVC prices are going up and demand for the company’s products is increasing. Several analysts have a “Buy” recommendation for the stock, predicting future growth.
Motilal Oswal believes the difficult times for PVC businesses are over, and they see rising prices and increased demand for Supreme Industries. They predict strong growth for the company over the next few years. YES Securities noted weaker demand due to lower resin prices and government spending. However, they remain confident in the company’s growth potential.
JM Financial acknowledged a slightly lower profit due to other parts of the company performing weaker. Despite this, they still recommend buying the stock because the company generates a lot of cash and invests heavily in new projects.
“Strong company performance and positive expert opinions signal promising growth prospects.”
