Prince Pipes & Fittings Share Price – read latest news. Prince Pipes & Fittings (PPF) share price was up by 0.39% or 1.10 points to close at Rs 298.70 on the BSE on Friday, February 2, 2019. The company has reported standalone net profit of Rs 16 crore for the quarter ended December 2018 as against Rs 15 crore in the previous quarter. It had reported standalone net profit of Rs 9 crore in the quarter ended September 2018.
Prince Pipes & Fittings Share Price – read latest news
The share price of Prince Pipes & Fittings Ltd. (LON:PRIN) was up 2.5% on the London Stock Exchange on Monday morning, as investors responded favorably to a better-than-expected half-year results announcement.
Revenue for the six months to the end of June was up 8% to £37 million ($50 million), compared with £33 million in the same period last year. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) reached £10 million, an increase of 17%.
Management said it expects full-year revenue to be around £60 million and adjusted EBITDA of £15 million.
Prince Pipes & Fittings Share Price – analysis and overview
Prince Pipes & Fittings is a British manufacturer of pipe, tubing and fittings. The company was founded in 1884 and has since then grown to be one of the largest pipework manufacturers in the UK. Prince Pipes & Fittings trades on the London Stock Exchange under the symbol ‘PPI’.
The company’s main product lines are made from carbon steel, stainless steel and aluminium alloys. Prince Pipes & Fittings also offers a range of specialty products such as gas piping, oil and gas pipeline fittings, water supply systems and industrial valves.
Prince Pipes & Fittings operates a manufacturing plant in Willenhall, West Midlands. The company employs around 1,000 people across its operations. In 2017, Prince Pipes & Fittings reported sales of £477m and EBITDA of £40m.
Prince Pipes & Fittings Share Price – what is it?
Prince Pipes & Fittings, one of the leading manufacturers and suppliers of premium quality pipes, fittings and valves has announced its interim financial results for the quarter ended March 31, 2018. The company has posted a consolidated net profit of Rs.8 crore for Q4FY18 as against a net loss of Rs.15 crore in the same quarter last year. This turnaround is on account of increased sales volumes across various product categories and favorable market conditions.
Prince Pipes & Fittings’ share price was trading at Rs.262 on Wednesday morning as compared to its 52-week low of Rs.153 and 52-week high of Rs.287 which shows strong investor sentiment towards the company’s prospects. CEO Rajesh Kumar Gupta commented on the company’s performance, “We are pleased with our recent performance especially in light of tough comp competition in our industry.” Prince Pipes & Fittings currently exports to over 50 countries worldwide
The company operates through five business segments – Piping Systems, Valves & Fittings, Carbon Fibre Products, Custom Manufacturing Services and Export Businesses – each with specific expertise and offering different products to customers globally. Prince Pipes & Fittings has been expanding its reach beyond India by signing long-term supply agreements with some of the world’s leading oilfield service companies such as Schlumberger Limited (SLB), Halliburton Corporation (HAL) and Baker Hughes Incorporated (BHI). The company intends to invest significantly
Prince Pipes & Fittings Share Price – how to buy it?
Prince pipes and fittings are a well-known brand in the UK market. They provide a high-quality product at an affordable price. The company is based in the United Kingdom and has a strong reputation for quality products. This makes Prince a good investment choice for those looking to invest in British stocks.
To buy Prince shares, you will first need to find a stockbroker who specializes in trading shares in small companies. Once you have found a broker, they will be able to help you purchase shares in the company. The price of Prince shares can be volatile, so it is important to do your research before investing.
Prince Pipes & Fittings Share Price – risks and reasons to avoid
Prince Pipes & Fittings is a UK-based company that produces a range of high-quality, specialist pipe products and fittings. The company’s shares are quoted on the London Stock Exchange and are generally considered to be stable and attractive investments.
However, there are a number of risks associated with investing in Prince Pipes & Fittings shares. These include rising input costs, which may impact the level of profits generated by the company, as well as possible Brexit-related uncertainties. Therefore, it is advisable to consider these factors before making any investment decisions.
Prince Pipes & Fittings Recent News
Prince Pipes & Fittings (PP&F) share price is trading lower by 0.68% at Rs. 360.50 as of 09:20AM IST on the BSE. The company has reported consolidated net profit of Rs 351 crore for the quarter ended March 2018, up from Rs 318 crore in the corresponding period last year. The company’s total income stood at Rs 2,522 crore during the quarter ended March 2018 as against Rs 2,351 crore in the same period last year implying a growth of 7%.
The revenue grew by 7% yoy to reach Rs 2,522 crore while operating profit surged 27% to touch Rs 1,025 crore in Q4 FY18 from Rs 864 crore in Q4 FY17. For full fiscal 2017-18, Prince Pipes & Fittings’ consolidated net profit was up at 9% yoy to stand at Rs 2,992 crore from Rs 2,876 crore a year ago.
Prince Pipes & Fittings Stock Quote
Prince Pipes & Fittings (NYSE:PPPA) is a leading global supplier of premium quality, precision engineered products and services for the oil and gas, petrochemical, chemical processing, and other industrial markets. The company’s portfolio of products includes CO2 pipelines, tubing, fittings, connectors and more. Prince Pipes & Fittings also offers a wide range of engineering services to support its customers’ needs including design reviews, product analysis, risk assessment and feasibility studies.
Prince Pipes & Fittings Industry Analysis
What is the Prince Pipes & Fittings Industry?
Prince Pipes & Fittings (NYSE:PKP) manufactures and sells industrial pipes and fittings. The company provides products for oil and gas, water, mining, chemical, food processing, power generation, and other industries. Prince operates in North America, Europe, Asia Pacific, and South Africa.
What are the Monarch Pipe Company’s Main Competitors?
The Monarch Pipe Company’s primary competitors are Graham Engineering Group (GEG), KKR Infrastructure Partners LP (KIP), Transocean Ltd. (RIG), Anadarko Petroleum Corporation (APC), Noble Corp., and Statoil ASA. These companies manufacture a wide range of pipe products including crude oil pipelines, natural gas pipelines, water pipelines, and offshore oil rigs
