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Stock Of The Day: Apcotex Industries | Volume-led growth opportunity awaits

Apcotex Industries, the leading manufacturer of synthetic rubber and synthetic latex in India, is a key beneficiary of import substitution theme. While in last fiscal, it has been impacted by high-cost inventory, we believe this headwind is quickly waning. Further, company appears well positioned to capitalized on medium term demand in key discretionary sectors on the back of new capacities.

first published: May 24, 2023 10:50 am

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