The company's focus on capacity expansion in piping segment, ramping up capacity utilization in adhesive segment and restructuring of distribution network would be key growth levers for Astral. The company's overseas operations at UK, USA and Kenya are seeing traction and are expected to grow at healthy double digit in volume terms. We forecast net sales/EBITDA/PAT to grow at a CAGR of 19%/20.7%/27.1%. Maintain HOLD...