{"id":24799,"date":"2022-08-19T10:25:15","date_gmt":"2022-08-19T04:55:15","guid":{"rendered":"https:\/\/fundsindia.com\/blog\/?p=24799"},"modified":"2022-08-19T10:33:31","modified_gmt":"2022-08-19T05:03:31","slug":"alpha-supreme-industries-ltd-equity-research-desk","status":"publish","type":"post","link":"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799","title":{"rendered":"Alpha | Supreme Industries Ltd. &#8211; Equity Research Desk"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/FI_Alpha-SupremeIndustriesLtd.pdf\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" width=\"983\" height=\"467\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/Alpha-New-1-1.png\" alt=\"\" class=\"wp-image-24800\" srcset=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/Alpha-New-1-1.png 983w, https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/Alpha-New-1-1-300x143.png 300w, https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/Alpha-New-1-1-768x365.png 768w\" sizes=\"(max-width: 983px) 100vw, 983px\" \/><\/a><\/figure>\n\n\n\n<h2><strong>Supreme Industries Ltd. &#8211; <\/strong>Market Leader<\/h2>\n\n\n\n<p>Supreme Industries Ltd. (SIL) is a plastic product manufacturer and the largest plastic processor in India, processing over 4 lakh MT annually. Company enjoys a significant market share across its business verticals like Plastic Piping , Industrial Products and Consumer Products. The company has been consistently increasing capacity in the plastics processing and has more than 8000 diversified products. Presence in the Indian plastic industry for over 50+ years under present management. Supreme Industries has 25 technologically advanced manufacturing facilities located at various places spread across the country.<\/p>\n\n\n\n<h2 id=\"block-fac4e42e-6210-4ab4-8025-5cf4c2b49e03\"><strong>Valuation:<\/strong><\/h2>\n\n\n\n<p>SIL seems to be aptly poised to achieve its targeted guidance for FY23 following the positive demand outlook &amp; favourable industry dynamics. The piping segment is expected to deliver strong growth in the wake of supportive government policies. We recommend a BUY rating in the stock with the target price (TP) of Rs.2410, 29x FY24E EPS.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/FI_Alpha-SupremeIndustriesLtd.pdf\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" width=\"534\" height=\"66\" src=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/06\/button_click-here-for-the-research-report.png\" alt=\"\" class=\"wp-image-23892\" srcset=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/06\/button_click-here-for-the-research-report.png 534w, https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/06\/button_click-here-for-the-research-report-300x37.png 300w\" sizes=\"(max-width: 534px) 100vw, 534px\" \/><\/a><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supreme Industries Ltd. &#8211; Market Leader Supreme Industries Ltd. (SIL) is a plastic product manufacturer and the largest plastic processor in India, processing over 4 lakh MT annually. Company enjoys a significant market share across its business verticals like Plastic Piping , Industrial Products and Consumer Products. The company has been consistently increasing capacity in [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":24800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[743,59],"tags":[744,108,517,745,790,522,272,789],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alpha | Supreme Industries Ltd. - Equity Research Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alpha | Supreme Industries Ltd. - Equity Research Desk\" \/>\n<meta property=\"og:description\" content=\"Supreme Industries Ltd. &#8211; Market Leader Supreme Industries Ltd. (SIL) is a plastic product manufacturer and the largest plastic processor in India, processing over 4 lakh MT annually. Company enjoys a significant market share across its business verticals like Plastic Piping , Industrial Products and Consumer Products. The company has been consistently increasing capacity in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799\" \/>\n<meta property=\"og:site_name\" content=\"Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fundsindia\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-19T04:55:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-19T05:03:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/Alpha-New-1-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"983\" \/>\n\t<meta property=\"og:image:height\" content=\"467\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Equities Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\",\"name\":\"Wealth India Financial Services\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/fundsindia\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"contentUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"width\":189,\"height\":200,\"caption\":\"Wealth India Financial Services\"},\"image\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"name\":\"Insights\",\"description\":\"Official blog of FundsIndia.com\",\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/Alpha-New-1-1.png\",\"contentUrl\":\"https:\/\/fundsindia.com\/blog\/wp-content\/uploads\/2022\/08\/Alpha-New-1-1.png\",\"width\":983,\"height\":467},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799#webpage\",\"url\":\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799\",\"name\":\"Alpha | Supreme Industries Ltd. - Equity Research Desk\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799#primaryimage\"},\"datePublished\":\"2022-08-19T04:55:15+00:00\",\"dateModified\":\"2022-08-19T05:03:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fundsindia.com\/blog\/equities\/alpha-supreme-industries-ltd-equity-research-desk\/24799#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fundsindia.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Alpha | Supreme Industries Ltd. &#8211; 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