Astral Poly Technik Ltd.

NSE: ASTRAL | BSE: 532830 | ISIN: INE006I01046 |Industry: Plastic Products
|Expensive Performer

Astral Poly Technik Ltd.    
10 Jan 2019
Geojit BNP Paribas
Astral is engaged in the business of manufacturing and marketing of PVC and CPVC plumbing systems for residential as well as industrial applications. It has also ventured into adhesives category in 2014 by acquiring Resinova and Seal It (UK and USA). Astral is expanding capacities in both pipes & fittings and adhesives which will help the company in capturing incremental demand and also aid in reducing logistics cost. Implementation of GST will provide an edge to organised players (market share of 60%/70% in pipes/adhesives) like Astral due to its strong distribution network and widespread geographical presence leading to market share gains....
Astral Poly Technik Ltd. is trading above it's 200 day SMA of 1168.45
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