Apcotex Industries is the leading manufacturer of synthetic rubber and synthetic latex in India. In Q1 FY24, the company faced margin pressures and inventory losses due to adverse demand-supply situation. Margins headwinds can persist for some more time as weak demand in China remains a key monitorable. That said jump in sales volumes speaks about the company’s competitive strength and client relationship which adds to the investment case.
first published: Oct 4, 2023 12:04 pm
A collection of the most-viewed Moneycontrol videos.
Live: Can Nifty extend gains and reclaim 26,000? | Opening Bell
FSS Simply Payments 2025 | AI in Payments: Building a Governance-First Future.
Live: Nifty reclaims 25,900, snaps 3-day losing streak; rupee falls to fresh low | Closing Bell
Live: Can Nifty snap 3-day losing streak after Fed's policy outcome? | Opening Bell
