Supreme Industries' 3QFY18 net sales came at Rs12,783mn (our est. Rs13,012mn) as against Rs11,074mn during 3QFY17, registering growth of 15.4%. Share of overall Value added products was 40% as against 43% in 3QFY17. Volumes grew by 19.2% from 81,183MT to 96,737MT in 3QFY18. Volumes of all the segments Plastic piping products/Packaging products/Industrial Products/ Consumer Products grew by 25%/3%/17%/13% respectively. Value-wise all these segments grew by 19%/1%/33%/17% respectively. Gross margins remained under pressure and declined by 390bps from 38.6% to...