218.0500 1.04 (0.48%)
NSE Sep 03, 2025 15:56 PM
Volume: 919.4K
 

218.05
0.48%
Prabhudas Lilladhar
at 50% discount to consensus target market value. We recently met the management of Finolex Industries (FNXP) to gauge volume growth outlook, market share dynamics, PVC resin availability, and price trends post DGTR's final findings on ADD on PVC resin. The company reiterated its 10% volume growth guidance in Pipes & Fittings (P&F) for FY26 and expects margin improvement ahead. We believe FNXP stands to benefit from 1) imposition of ADD on PVC resin given its backward integration, 2) GST rate revision on agri pipes, 3) expanding dealer/distribution network, and 4) gradual expansion in...
Finolex Industries L.. has an average target of 233.33 from 3 brokers.
More from Finolex Industries Ltd.
Recommended