Supreme Industries numbers were a positive surprise on the operating parameters. Margin expansion of 400 bps on a sequential basis drove the operating profit growth. Gross margins also expanded by nearly 200 bps depicting improving product mix. Plastic piping and Industrial products were the key drivers for the Q4FY18 performance. Performance in the composite cylinder is expected to improve in FY19. Considering the buoyancy in the piping segment, we expect SIL volume and revenue growth trajectory to improve from heron. Key factor to watch out will be the gross margin pattern....