Aureate Tradde IPO opens for subscription today. Check GMP, price band and other detailsAureate Tradde's initial public offering begins on Friday, May 29. The company is seeking to raise approximately Rs 27.29 crore through a f...
West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
Crude surge lifts toy prices ahead of summer rushToy prices are rising ahead of the summer holidays as the West Asia conflict pushes up crude-linked raw material costs, especially plastics...
Iran-US war pushes polymer, resin prices up 60%; plastics exporters squeezed despite ceasefireFreight rates jump up to 10x, polymer prices rise 60%, while supply disruptions and supply chain delays strain MSMEs and the sector's expor...
Centre waives duties on key petrochemical products amid supply disruptions due to Iran warIndia has waived import duties on crucial chemicals like ammonium nitrate, methanol, and PVC for three months, starting April 2nd. This mov...
Petchem relief to cost Rs 1,800 crore in 3 months: GovernmentThe government anticipates a revenue loss of approximately Rs 1,800 crore over the next three months. This is due to measures being impleme...
India's plastic pipe industry has significant headroom for growth: JefferiesIndia's plastic pipe industry has significant growth potential due to lower per-capita consumption compared to the global average. With an ...
Is Astral a good buy? Know why analysts are bullish on this stockAstral Limited: The company exports to more than 31 countries the manufacturing units are spread across India, the US and UK. It is a benef...
Supreme Industries is stock pick of the week; here is whySupreme Industries stands to gain from the growth in the real estate sector.
Chemplast Sanmar pegs commissioning of Paste PVC Expansion project in current fiscalChemplast Sanmar Ltd announced its expectations to commission its Paste PVC expansion project by the fourth quarter of the current financia...
Fundamentals remain strong and forecast for FY25 remains same: Finolex MDAjit Venkataraman confirms that the volume growth guidance remains intact despite recent declines. While agri segment volumes have been luk...
We are expecting 10 to 15% growth in both pipes and fittings segment: Ajit Venkataraman, Finolex IndustriesSee, again, it is a tough call. We would ideally like the PVC EDC spread as well as PVC VCM spread to be a little bit higher than what it i...
GST benefit for our company in the long term is fantastic: Prakash Chhabria, Finolex IndustriesGST what we are seeing in the month of August is that it is good. It is good for the long term, says Prakash Chhabria, Finolex Industries.
Demonetisation effect wearing off, PVC pipe segment to pick up growth: Anil Whabi, Director-Finance, Finolex IndustriesThe Pradhan Mantri Krishi Sinchai Yojana and increase allocation for irrigation, micro irrigation fund are pushing the demand for the PVC p...
Finolex’s weak Q4 performance a blip, company expected to get over woes soonThe company recently completed its pipes division expansion, taking its total capacity to 2,30,000 tonnes, against 2,70,000-tonne capacity ...
Finolex Industries: Drop in profits a temporary blipThe shares of leading plastic pipe maker Finolex Industries dropped over 8% to Rs 212 after it posted a 29% drop in net profit for the Jan ...
- Govt's infra push lifts PVC prices
Rising commodity prices typically leads to a fall in demand from the user industry. Not so in the case of polyvinyl chloride (PVC), which h...