New Delhi, Aug. 21 -- Prince Pipes & Fittings, one of the country's leading integrated piping solutions providers and multi-polymer manufacturers, saw its shares jump 9% in Thursday's intraday session to reach Rs.358 apiece after domestic brokerage firm Motilal Oswal reiterated its 'buy' rating on the stock with a target price of Rs.440.

The brokerage believes the company is well-placed amid an improving demand environment for domestic pipes, stable PVC prices, and expected ADD-led support, which it expects will drive a gradual rebound from 2QFY26 onwards.

The PVC pipes sector closed the June quarter on a weak note, weighed down by muted demand, adverse macro conditions, and fluctuations in raw material prices. However, the brokerage hi...