Pvc Pipe
Astral's high growth prospects reflect well in its high valuation
After gaining 40% already in FY24, the stock is trading at a PE of over 100x
 "Astral's high growth prospects reflect well in its high valuation")
Recovery in pipeline for pipe makers with price correction down the tubes
Margins to expand, given demand recovery in key segments and falling input costs
 "Recovery in pipeline for pipe makers with price correction down the tubes")
Street Signs: Likely shift to broader market, PVC pipe firms to gain & more
After a sustained run, the benchmark Nifty is likely to move sideways and action could shift to the broader market
 "Street Signs: Likely shift to broader market, PVC pipe firms to gain & more")
Near term margins may remain subdued for Astral, high valuation weighs
The company underperformed peers on the volume front in Q2, though margin impact was lower given value-added mix
 "Near term margins may remain subdued for Astral, high valuation weighs")
Near term margins may remain subdued for plastic pipe maker Astral
It underperformed peers on the volume front in Q2, though margin impact was lower given value-added mix
 "Near term margins may remain subdued for plastic pipe maker Astral")
Reliance Industries ups O2C play as competitive intensity grows
Adani, TCG among key rivals in the sector
 "Reliance Industries ups O2C play as competitive intensity grows")
Chemfab Alkalies zooms 77% in 5 weeks on strong business outlook
With the focus of both the Central as well as State Governments on water connectivity and distribution, the company expects demand for the PVCO pipes to be robust.
 "Chemfab Alkalies zooms 77% in 5 weeks on strong business outlook")
Plastic pipe makers may underperform in near term on Omicron stress
Weak Q3, lower PVC prices, demand uncertainty are key concerns
 "Plastic pipe makers may underperform in near term on Omicron stress")
Pipe makers face margin pressure; may underperform in the near term
While the sector has grown at 10% over the last five years till FY21, it is expected to grow at a faster pace of 12% until FY25
 "Pipe makers face margin pressure; may underperform in the near term")
Astral hits new high on board nod to merger of adhesive arm Resinova
In the past one month, the stock of Astral has rallied 27 per cent, as compared to a 5 per cent rise in the S&P BSE Sensex
 "Astral hits new high on board nod to merger of adhesive arm Resinova")
Realty revival to push PVC pipe sales, prop Supreme Industries stock
Strong demand for plastic pipes, higher value-add mix drive earnings upgrade
 "Realty revival to push PVC pipe sales, prop Supreme Industries stock")
High margins of plastic pipe makers unlikely to sustain going forward
Volume recovery and cost rationalisation may offset some of the pressure on margins
 "High margins of plastic pipe makers unlikely to sustain going forward")
Lubrizol, Grasim Industries partner for India's largest CPVC resin plant
The project will be done in two phases, with the first phase of production expected to be operational in late-2022
 "Lubrizol, Grasim Industries partner for India's largest CPVC resin plant")
Monsoon demand to revive PVC pipe manufacturers' margins in June quarter
Players like Finolex Industries, Astral Poly Technik and Supreme Industries set to harvest rich dividend
 "Monsoon demand to revive PVC pipe manufacturers' margins in June quarter")
