Net Sales are expected to increase by 55.6 percent Y-o-Y (down 2.1 percent Q-o-Q) to Rs. 135 crore, according to KR Choksey.
Company has a major capacity expansion plan ( ~Rs 150-200 crore) where in details are tentative but can expand Synthetic latex capacity to 75-80,000 MT (from 55,000 MT) and Nitrile rubber capacity can go up to 30,000 MT.
Net Sales are expected to increase by 48.9 percent Q-o-Q (up 21.8 percent Y-o-Y) to Rs 129.6 crore, according to KR Choksey. Apcotex to report net profit at 7.1 crore up 4% year-on-year.
Tata Steel | GMR Infrastructure | Rain Commodities | IVRCL | Voltas | Educomp | Escorts | Orbit Corp | Neyveli Lignite | Deccan Chronicle Holdings | JHS Svendgaard | Ess Dee Aluminium | Punj Lloyd | Strides Arcolab | JBF Industries | Pidilite Industries | Everonn Education | SAIL and Jain Irrigation are stocks, which are in the news today.