Supreme Ind stock dips on weak Q2; brokerages lower earnings estimates

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PVC resin saw a 19 per cent rise during the June quarter, which was followed by a 17 per cent fall in July and August.

The September quarter results were below expectations as the volatility in polyvinyl chloride (PVC) resin prices led to a major destocking across the trade channel.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Pipe companies Plastic manufacturers Stock market trading

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 22:35:35 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 110 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23401617

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