By Kanchan Joshi | 06 Jul, 2022
Supreme Industries shares down 20 percent in 2022. Jefferies has 'Buy' tag, sees strong upside
In April May 2022, Supreme Industries (SI) posted notable growth of 49% year-on-year (YoY) in volumes, and 50% in value added sales (margin accretive) on a low base. Jefferies in a note said that channel checks suggest that PVC price (key RM) has sharply dipped by around 20% on a sequential basis on 1 July. “RM volatility is a pass-through in Pipes industry, and hence we cut FY23-25 EPS by 3%....
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World_Investor1 2022-08-18 13:15:06
further PVC prices down by 2500/-.PMT. today.Good news for SIL
Login & Reply Like(0) Dislike(0) Repost SpamSIMRANTEC 2022-07-25 13:56:03
Controlling your time is the highest dividend money or stock market pays.
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Jammu & Kashmir Bank rises on getting board s nod to raise up to Rs 2,000 crore in FY23
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