401.5000 2.20 (0.55%)
NSE Jul 08, 2025 15:28 PM
Volume: 50,962
 

401.50
0.55%
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. has gained 22.50% in the last 3 Months
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