Equity Analysis /
India

IN : Supreme Industries - Stability back; ends FY22 on a better note

    Rahul Agarwal
    Shubham Aggarwal
    CGS-CIMB
    30 April 2022
    Published by

    Highest-ever dispatches in Mar 2022 drives confidence in demand recovery. PVC prices to cool off gradually led by easing global supply chain challenges. Retain Add with a lower TP of Rs2,484. Sharp fall in PVC prices is a key risk.