Why is Venus Pipes' stock skyrocketing?

Venus Pipes, one of India's leading manufacturers of stainless pipes and tubes, is trading at its all-time high. It has delivered a 90 per cent return in the last three months. And since its listing in May 2022, it has delivered a mind-boggling 130 per cent return from its issue price of Rs 326. In this story, we take a look at the factors fueling this pipe manufacturer's astronomical rise. Bureau of Indian Standard (BIS) certification Following the new regulations issued by the Bureau of Indian Standards (BIS), only BIS-certified products can now be used for