365.6500 -1.45 (-0.39%)
NSE Feb 27, 2026 15:31 PM
Volume: 35,331
 

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Apcotex Industries Ltd.
30 Jul 2019, 12:00AM
365.65
-0.39%
ICICI Securities Limited
New capex to provide long term visibility The management has already approved capex of around | 60 crore for nitrile latex while it has been de-bottlenecking NBR capacity by 5000-6000 MT. We expect NBR's incremental capacity to drive revenues in FY21. Nitrile latex capacity is expected to come on board within 18-24 months post environmental approval. Hence, this bodes well for growth visibility over FY23-24. We expect NBR volumes from auto to remain sluggish at least in the near term. However, the volume loss in auto segment can be recouped...
Apcotex Industries Ltd. is trading above its 30 day SMA of 365.3
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