Astral Ltd.

NSE: ASTRAL | BSE: 532830 | ISIN: INE006I01046 | Industry: Plastic Products
| Expensive Performer
1509.6000 11.50 (0.77%)
NSE Jun 02, 2025 15:31 PM
Volume: 517.8K
 

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Astral Ltd.
13 Feb 2020
1509.60
0.77%
ICICI Securities Limited
Astral reported strong volume growth of 15% in the piping segment during Q3FY20 despite extended monsoons. The company witnessed a strong recovery in volume growth during November-December 2019. Astral has further guided at strong demand for pipes in Q4FY20 (with ~24% volume growth in January 2020) supported by market share gain (from regional, unorganised players) after the government imposed anti-dumping duty on CPVC resin import from China and Korea. We model piping segment volume CAGR of ~15% (FY19-22E) in line with management estimates supported...
BOB Capital Markets Ltd. upgraded Astral Ltd. to Buy with a price target of 1700.0 on 26 May, 2025.
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