Astral Ltd.'s Q3FY26 result was broadly in-line with our estimates on key parameters. above our estimates on key parameters. The polymer industry has faced extreme volatility and uncertainty, though management believes a price bottom has formed with an upward journey now beginning. PVC prices saw a hike of roughly Rs7 in early 2026; the company has passed on Rs5 to the market and expects stabilization after a potential slight further increase. The management observed that on-ground demand started picking up in January and February 2026, leading to a more bullish outlook for the fourth quarter. Q3...