399.90
-0.52%
Axis Direct
Apcotex for Q2FY20 posted revenues of Rs. 124Cr (24% vs our estimate, 23% YoY). Despite reporting high single digit volume growth in Q2, topline was impacted owing to lower realization (sharp fall in petrochemical prices) and slow down in Automobile industry.
Apcotex Industries Ltd. is trading above its 200 day SMA of 363.9
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