Finolex Industries Ltd.

NSE: FINPIPE | BSE: 500940 | ISIN: INE183A01024 | Industry: Plastic Products
| Falling Comet
181.7300 1.78 (0.99%)
NSE Nov 21, 2025 15:31 PM
Volume: 352.3K
 

181.73
0.99%
CD Equisearch
V-shaped recovery in global PVC resin prices since May with corresponding surge in PVC/EDC delta (above long term average of $550600/mt) explains much of the rise in Finolex's PVC resin EBIT in Q2 - Rs 99.10 crs Vs Rs 45.13 crs in the same quarter a year ago.; though external sales (volumes) fo PVC resins rose by just 38.1% to 9665 tons. As indication of its barely subdued impact, Finolex's PVC resin realizations were at $920 / mt compared to $740/ton in Q1 while PVC/EDC delta stood at $653/mt compared to $547/mt in Q1. Supply constraints of PVC resins have...
IDBI Capital released a Hold report for Finolex Industries Ltd. with a price target of 207.0 on 11 Nov, 2025.
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