India's Astral climbs as plant begins commercial production

Supreme Industries

07/10/2025 05:56

** Shares of pipes and fittings manufacturer Astral ASTL.NS rise 2% to 1,410.6 rupees

** Co's Kanpur plant commences commercial production from October 6

** ICICI Direct analysts say facility is aimed at expanding footprint in key northern India market

** Stock rated "buy" on avg by 25 brokerages; ASTL median PT at 1,500 rupees - data compiled by LSEG

** YTD, ASTL down nearly 15% vs peer Supreme Industries'  SUPI.NS about 9% decline

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))