Prince Pipes shares gain 15%, record 2nd largest single-day rise; here's why
Prince Pipes & Fittings' stock price surged after the company reported a net profit of ₹71 crore in Q2FY24, compared to a net loss of ₹24 crore in the same period last year. Revenues increased by 3% YoY, and finished goods volumes saw an 8% YoY increase.
DNA News Desk
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Prince Pipes & Fittings' stock price surged after the company reported a net profit of ₹71 crore in Q2FY24, compared to a net loss of ₹24 crore in the same period last year. Revenues increased by 3% YoY, and finished goods volumes saw an 8% YoY increase.
