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BIS Implementation Delay For PVC Hurts Pipe Makers; Astral, Supreme Industries Stocks Down
The government has delayed the implementation of quality control standards for PVC or Poly Vinyl Chloride, which is a key material used to increase durability of pipes. This is a negative for ...
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JPMorgan Sees PVC Risks But Stays Overweight On India Pipes; Prefers Astra Over Supreme
JPMorgan has reiterated its Overweight stance on India’s pipe makers despite near-term PVC price risks, citing favorable risk-reward after recent corrections and strong market share gains. The ...
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