Prince Pipes jumps on brokerage upgrade, faces ₹395 hurdle
Prince Pipes surged after Motilal Oswal began coverage with a 'Buy' call and ₹500 target, citing strong growth prospects. But SEBI analyst A&Y warned of stretched valuations, with key resistance at ₹395 likely to test momentum. The rally comes despite weak Q1 results, where profit slumped 80%. Retail sentiment has turned bullish.