Margins may choke for pipe companies such as Finolex Industries, Astral Ltd, and Supreme Industries after a significant drop in PVC prices, predicted Jefferies India. Stable copper prices and strong ...
Prices of polyvinyl chloride (PVC), a key input for manufacturing pipes, which had hit record high on global supply constraints, have started to correct. Channel checks by ICICI Securities Ltd shows ...
moneycontrol.com: Margins may choke for pipe makers as PVC prices melt, forecasts Jefferies
Margins may choke for pipe makers as PVC prices melt, forecasts Jefferies
MSN: JPMorgan Sees PVC Risks But Stays Overweight On India Pipes; Prefers Astra Over Supreme
JPMorgan has reiterated its Overweight stance on India’s pipe makers despite near-term PVC price risks, citing favorable risk-reward after recent corrections and strong market share gains. The ...
JPMorgan Sees PVC Risks But Stays Overweight On India Pipes; Prefers Astra Over Supreme
MSN: BIS Implementation Delay For PVC Hurts Pipe Makers; Astral, Supreme Industries Stocks Down
BIS Implementation Delay For PVC Hurts Pipe Makers; Astral, Supreme Industries Stocks Down
Plastic pipes maker Supreme Industries Ltd did reasonably well in the December quarter (Q3FY26). Overall volume growth stood at 13% year-on-year and plastic pipes volumes rose at a ...
The government has delayed the implementation of quality control standards for PVC or Poly Vinyl Chloride, which is a key material used to increase durability of pipes. This is a negative for ...
Prince Pipes and Fittings Ltd, Apollo Pipes Ltd and Finolex Industries Ltd lagged in Q3 with flat or lower volumes.. (Image: Pixabay) The tide seems to be turning in favour of listed plastic pipes ...