Equity Analysis /

Engro Polymer & Chemicals Ltd: 2QCY21 analyst briefing takeaways

  • EPCL’s market share in PVC in 1HCY21 grew to the highest level of 95% vs 64% in 1HCY20.

  • The management believes that PVC prices will be range-bound in 2HCY21,

  • The company has also invested in a Hydrogen peroxide plant with a total investment outlay of US$30-35mn

Intermarket Securities
11 August 2021