India’s leading plastics product manufacturer to Acquire Wavin India’s Piping Business for USD 30 Million, Expanding Capacity by 73,000 MT and Gaining Exclusive Technology Access for Seven Years

With a PE ratio of 41.4x, the company trades at a premium compared to the industry PE of 27.4x. The company has ROCE of 28.6 per cent and ROE of 21.7 per cent.