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    <title>Ambit Institutional Equities highlights that new products can drive upgrades for Venus Pipes, maintains target of Rs 2336</title>
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    <description>Venus Pipes reported revenue and EBITDA growth broadly in line with estimates, driven by a recovery in domestic demand while exports weakened amid geopolitical disruption. The company said its planned capacity additions are now operational, including fittings, and that utilisation remains high in seamless pipes, with welded pipe capacity also ramping up. The note highlighted the company&#039;s entry into spooling solutions for the data centre segment through capital expenditure supported by a large letter of intent, along with a healthy order book and future expansion plans.</description>
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