318.4500 -2.90 (-0.90%)
NSE Mar 21, 2025 15:31 PM
Volume: 50,482
 

318.45
-0.90%
ICICI Securities Limited
The company has been debottlenecking its Valia plant, which will expand NBR capacity to 22000 MTPA from 16000 MTPA. Given the realisation of NBR remains at | 150-180/kg, expansion in capacity may improve topline by | 100 crore at optimum utilisation. However, NBR is largely used in the automotive industry. The present slowdown in the auto sector can curtail the growth outlook, to some extent, in the short-term. Apart from this, the company entered manufacture of nitrile latex, which has a large market globally. Since Apcotex is the sole manufacturer in the domestic market,...
Apcotex Industries Ltd. is trading below all available SMAs
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