Supreme Industries

April 27 (Reuters) - Supreme Industries Ltd SUPI.NS:

• SUPREME INDUSTRIES LTD MARCH-QUARTER CONSOL PAT 4.34 BILLION RUPEES

• SUPREME INDUSTRIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 35.28 BILLION RUPEES

• SUPREME INDUSTRIES LTD- DIVIDEND OF 25 RUPEESPER SHARE

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Feb 17 (Reuters) - Supreme Industries Ltd SUPI.NS:

• M.P. TAPARIA ELECTED AS CHAIRMAN OF THE BOARD

Source text: ID:nBSErksFX

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** Shares of India's Supreme Industries SUPI.NS jump 2.93% to 3447.70 rupees

** Piping products maker posted a 7% y/y increase in quarterly revenue to 26.87 bln rupees ($293.36 mln) on Wednesday

** Brokerage BobCaps upgrades to "buy", raises PT to 4400 from 4350, citing improving demand outlook and stabilising PVC prices

** Investec retains "hold" on co due to softer demand outlook and a second straight cut in FY26 margin guidance

** Stock on track to snap a three-session losing streak

** SUPI rated "Buy" on avg by 28 analysts covering it; median PT at 4030 rupees- data compiled by LSEG

** 221,629 shares traded on the day so far, vs 30-day avg of 250,462 shares

** SUPI fell ~29% in 2025, YTD stock trading flat

($1 = 91.5940 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

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Jan 21 (Reuters) - Supreme Industries Ltd SUPI.NS:

• DEC-QUARTER CONSOL PAT 1.53 BILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 26.87 BILLION RUPEES

Source text: ID:nnAZN4S1VWL

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** JP Morgan initiates coverage on Indian pipe makers Astral ASTL.NS and Supreme Industries SUPI.NS with "overweight," price targets at 1,700 rupees and 4,930 rupees, respectively

** Shares of ASTL up 2.1% to 1,470.1 rupees, SUPI climbs 2.2% to 4,448.1 rupees

** PTs at ~18%, ~13% premium on last close of ASTL and SUPI, respectively

** JP Morgan sees India pipe majors nearing demand recovery, on the back of strong real-estate construction activity, higher water infrastructure spends and favorable channel inventories

** Expects double-digit volume growth for ASTL, SUPI in FY25-28 vs an 8% rise in the broader industry

** Upbeat on ASTL's leadership position in the chlorinated polyvinyl chloride pipes - a type of thermoplastic pipes - segment; see SUPI's scale and distribution edge as a key positive

** Both stocks rated "buy" on avg, median PTs at 1,494.5 rupees, 4,490 rupees, respectively - data compiled by LSEG

** YTD, ASTL, SUPI down ~11%, ~5%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Supreme Industries SUPI.NS rise 3.1% to 4,347.9 rupees

** Piping products maker signs deal to acquire Wavin's Indian piping business for 3.1 billion rupees ($35.94 million)

** Analysts' avg rating on stock is "buy"; median PT is 4,150 rupees - data compiled by LSEG

** Stock down 7.5% YTD

($1 = 86.2490 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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** Motilal Oswal initiates coverage on plastic pipe makers Supreme Industries SUPI.NS, Astral ASTL.NS, Prince Pipes PRCE.NS with "buy" rating

** Industry to grow at ~14% CAGR to 805 bln rupees ($9.39 bln) by FY27, driven by housing, irrigation, and sanitation - Brokerage

** Motilal expects SUPI market share to improve on plant addition, growing distribution network; sets PT at 5,400 rupees

** Brokerage says Astral's diversified channel strategy has highest total addressable market among peers; sets PT at 1,800 rupees

** Adds, PRCE's real estate exposure, premium products, 60,000 MTPA plant will enhance reach; sets PT at 500 rupees

** SUPI stock down 1%, ASTL up 0.8% and PRCE gains 3%; Nifty 50 .NSEI up 0.6%

** YTD - SUPI, ASTL, PRCE down ~7%, ~8%, and ~18%, respectively

($1 = 85.7700 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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March 11 (Reuters) - Supreme Industries Ltd SUPI.NS:

• TO ACQUIRE ORBIA WAVIN'S PIPES AND FITTINGS BUSINESS IN INDIA

• AGREEMENT INCLUDES TRANSFER OF ORBIA WAVIN'S MANUFACTURING FACILITIES IN INDIA

Source text: ID:nBSE6hRmpF

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** Shares of plastic products maker Supreme Industries shares SUPI.NS fall 3.3% to 4,112 rupees

** Co's Q3 consolidated profit after tax falls about 27% YoY

** Plastic pipe systems' growth is hurt by high prices of polyvinyl chloride, a key raw material for plastic material and weak infrastructure demand, co says

** Cost of materials climb 7%

** SUPI rated "buy" on avg, median PT is 5,340 rupees - LSEG data

** Stock rose 3.5% in 2024

(Reporting by Yagnoseni Das in Bengaluru)

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Oct 22 (Reuters) - Supreme Industries Ltd SUPI.NS:

• DIVIDEND OF 10 RUPEES/ EARNINGS PER SHARE

• SEPT-QUARTER CONSOL PAT 2.07 BILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 22.73 BILLION RUPEES

Source text for Eikon: ID:nNSE1FG846

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** Shares of Supreme Industries SUPI.NS rise as much as 3.9% to 5,995 rupees

** The plastic products maker said on Wednesday it has got a letter of acceptance (LOA) from Indian Oil Corp IOC.NS for the supply of composite cylinders valued at about 550 mln rupees ($6.6 mln)

** Share price above 50-day, 100-day and 200-day exponential moving averages since April 26

** Avg rating of 20 analysts equivalent of "buy", median PT is 4,970 rupees - LSEG data

** Stock up 40.8% so far this quarter vs fall of 6.8% in March quarter

** Stock up 31.2% so far in 2024

($1 = 83.5100 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

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June 26 (Reuters) - Supreme Industries Ltd SUPI.NS:

• SUPREME INDUSTRIES LTD - RECEIVED LETTER OF ACCEPTANCE FROM INDIAN OIL CORPORATION

• SUPREME INDUSTRIES - TOTAL SUPPLY EXPECTED TO BE VALUED AT ABOUT 550 MILLION RUPEES

Source text for Eikon: ID:nNSE4t7f9r

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June 4 (Reuters) - Supreme Industries Ltd SUPI.NS:

• FIRE OCCURRED AT ASSEMBLY SHOP OF MOULDING PLANT OF COMPANY ON 4TH JUNE

• FIRE HAS BEEN CONTROLLED, BUT PRODUCTION/ OPERATIONS AT PLANT IS TEMPORARILY DISRUPTED

• COMPANY IS IN PROCESS OF ASCERTAINING CAUSE OF FIRE AND ACTUAL LOSS CAUSED BY IT

• THERE ARE NO HUMAN INJURIES / CASUALTIES

• IMPACT OF INCIDENT ON OPERATION OF PLAN/COMPANY IS INSIGNIFICANT

Source text for Eikon: ID:nNSE5dmq0n

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** Shares of Supreme Industries SUPI.NS turn negative, last down 3.1% to 4,172.15 rupees

** Plastic products maker's Q4 consolidated profit after tax fell 1.1% YoY

** Stock was up more than 2% before results

** SUPI stock rated "Hold" on avg by analysts - LSEG data

** Stock down 8.2% YTD

(Reporting by Varun Vyas in Bengaluru)

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Jan 19 (Reuters) - Supreme Industries Ltd SUPI.NS:

• DEC-QUARTER CONSOL PAT 2.56 BILLION RUPEES VERSUS PROFIT 2.1 BILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 24.49 BILLION RUPEES VERSUS 23.11 BILLION RUPEES

Source text for Eikon: ID:nNSE48Y1H0

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** Polycab India POLC.NS, Supreme Industries SUPI.NS are the top mid-cap picks for Jefferies, post September quarter earnings season

** Jefferies foresees capex and housing to continue to deliver healthy volume growth

** Brokerage also identifies Amber Enterprises AMBE.NS, Pidilite Industries PIDI.NS, Finolex Cables FNXC.NS among its top mid-cap picks

** Jefferies key earnings per share (EPS) downgrades from mid-cap segment: UPL UPLL.NS, Graphite India GRPH.NS, HEG HEGL.NS, Crompton Greaves Consumer Electricals CROP.NS, Whirlpool of India WHIR.NS

** "Healthy operating margin expansion drove 44% year-on-year profit growth in our small- and mid-cap coverage," says Jefferies

** The Nifty Mid-cap 100 .NIFMDCP100 has gained 33.2% in 2023 so far, while small-caps .NIFSMCP100 have jumped 42.4%, outperforming benchmark Nifty's .NSEI 9.23% rise

** Both mid- and small-caps are at record highs

(Reporting by Bharath Rajeswaran in Bengaluru)

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Oct 30 (Reuters) - Supreme Industries Ltd SUPI.NS:

• INDIA'S SUPREME INDUSTRIES LTD SEPT-QUARTER CONSOL PAT 2.43 BILLION RUPEES VERSUS 820.2 MILLION RUPEES

• SUPREME INDUSTRIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 23.09 BILLION RUPEES VERSUS 20.87 BILLION RUPEES

• SUPREME INDUSTRIES LTD - DIVIDEND OF 8 RUPEES PER SHARE

Source text for Eikon: ID:nBSEwwc3n

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Aug 24 (Reuters) - Supreme Industries Ltd SUPI.NS:

• SIGNED MEMORANDUM OF UNDERSTANDINGS WITH PARVATI AGRO PLAST AND WITH MEMBER BELONGING TO SAME FAMILY

• MOU FOR ACQUISITION OF ITS PVC-O, HOPE, AND PVC PIPES BUSINESS, ON SLUMP SALE BASIS

• ACQUISITION OF BUSINESS AND ORDERS & RATE CONTRACTS IN HANDS OF ABOUT 2.35 BILLION RUPEES

• ACQUISITION INCLUDING ADJOINING CONTIGUOUS LAND AT AN AGGREGATE CONSIDERATION OF 1.71 BILLION RUPEES

Source text for Eikon: ID:nNSE6k2YRQ

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** Shares of plastics maker Supreme Industries SUPI.NS surge 16.51% to record high, power finance provider REC RECM.NS climb 6.49% to record high

** MSCI includes both companies in its MSCI Global Standard index, effective Sept 1

** Auto firm Ashok Leyland ASOK.NS, pipe maker Astral ASTL.NS, engine maker Cummins India CUMM.NS, HDFC Asset Management HDFA.NS, private lender IDFC First Bank IDFB.NS and power financier Power Finance Corp PWFC.NS are the other firms included

** ASOK rose 2.6% to a record high, ASTL, HDFA, IDFB, PWFC, CUMM up between 1% and 3%

** Cement maker ACC ACC.NS deleted from MSCI global standard index; stock down as much as 1.72%

** Nuvama expects $150-$205 mln inflows in each of the eight firms post the inclusion, and $95 mln outflows from ACC

(Reporting by Bharath Rajeswaran in Bengaluru)

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July 28 (Reuters) - Supreme Industries Ltd SUPI.NS:

• INDIA’S SUPREME INDUSTRIES JUNE-QUARTER CONSOL PAT 2.16 BILLION RUPEES VERSUS 2.14 BILLION RUPEES

• SUPREME INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 23.69 BILLION RUPEES VERSUS 22.06 BILLION RUPEES

Source text for Eikon: [ID:]

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** Shares of plastic products manufacturing company Supreme Industries SUPI.NS up as much as 2.7% to 3,255.95 rupees

** Investec Capital Services, in a note, says well-articulated strategy and disciplined capital allocation remain co's hallmark, evident from its re-investment avenues

** Brokerage retains 'buy' rating for stock; ups PT to 3,330 rupees from 3,000 rupees

** Adds, the focus is on deepening total addressable market as it leverages its brand, distribution, manufacturing footprint

** Thirteen analysts rate stock 'buy' or higher, six 'hold' and three 'sell' and 'strong sell'; median PT is 2,962 rupees - Refinitiv data

** SUPI shares up 29.4% YTD, as of last close

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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** Shares of Supreme Industries Ltd SUPI.NS rise as much as 3.5% to 2,740 rupees, their biggest intraday pct gain since March 20

** Plastic products manufacturer's March-qtr consol profit after tax up 9.3% to 3.59 bln rupees($43.88 million), consol revenue from operations 25.98 bln rupees vs 25.57 bln rupees a yr ago

** Co recommended final dividend of 20 rupees per share

** Stock trading above its 50-, 100-, and 200-day moving averages

** Trading volume at ~99,100 shares, slightly below the 30-day avg as of 1:45 p.m. IST

** Average rating of 23 analysts covering stock close to equivalent of 'buy'; median PT is 2,670 rupees - Refinitiv data

** Up to last close, stock was up 8% so far this year

($1 = 81.8150 Indian rupees)

(Reporting by Biplob Kumar Das in Bengaluru)

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