Motilal Oswal Highlights Plastic Pipes Sector, Names Astral and Supreme Industries as Top Picks

Motilal Oswal released its weekly sector focus on the plastic pipes industry. The brokerage highlighted strong demand drivers such as infrastructure growth and urbanisation. It identified Astral and Supreme Industries as its top investment recommendations within the sector. Both companies are noted for extensive product portfolios and expanding distribution networks. Motilal Oswal expects the sector to benefit from government spending on water and sanitation projects. Analysts cited recent earnings improvements and capacity expansions as positive signals. The report suggests that investors could capture upside as the market consolidates. Watch for quarterly results to gauge whether the sector’s momentum sustains.