Prince Pipes And Fittings Rajat Mishra as Chief appointed
Prince Pipes And Fittings (BSE: PRINCEPIPE) said Rajat Mishra as Chief has been appointed; and Ashok Mehra as President has retired. The company is valued at about ₹3,006 crore.
What happened
Prince Pipes And Fittings (BSE: PRINCEPIPE) informed the stock exchanges on 3 November 2026 at 01:40 PM that Rajat Mishra as Chief has been appointed; and Ashok Mehra as President has retired.
Company snapshot
Prince Pipes And Fittings is a small-cap company, with a market value of about ₹3,006 crore.
The stock last traded at ₹271.9, against a 52-week range of ₹205–₹327.5 (17.0% below the high).
Before this filing the shares had moved +0.1% over the month and −3.0% over three months. Average daily turnover over the last 20 sessions was about ₹5.63 crore.
Promoters held 60.95% at the end of Q1 FY27. Foreign institutions owned 3.05% and domestic institutions 15.33%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 580 | 4.8 | 0.44 |
| Q2 FY26 | 595 | 14.6 | 1.32 |
| Q3 FY26 | 573 | -2.4 | -0.21 |
| Q4 FY26 | 850 | 56.1 | 5.07 |
| Q1 FY27 | 609 | 33.7 | 3.05 |
What history shows
BCEIE's records show 5 previous management change filings from the company since May 2026.
After those filings, the stock gained 2.4% on average the next trading day and was up 1.7% on average after five days (5 filings with price data).
Market-wide, 4,129 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 18 Sept 2026 | Change in Auditors of the company. | +2.9% | +1.2% |
| 18 Sept 2026 | Appointment of Mr Vipul Jayant Chheda as Executive Director of the… | +2.9% | +1.2% |
| 18 Sept 2026 | Appointment of Mr Parag Jayant Chheda as Executive Director of the… | +2.9% | +1.2% |
| 18 Sept 2026 | Appointment of Mr Jayant Shamji Chheda as Chairman & Managing… | +2.9% | +1.2% |
| 20 Aug 2026 | Management change | +0.3% | +3.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 3 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.