Dec 13, 2022

Ramp-up in the upcoming facilities would be slower than the anticipated 70 percent utilisation in FY24 tyre_rubber_62713708 -  Medium-term triggers China plus and protectionist measures for tyre industry -  Valuations not inexpensive; but improved medium-term outlook Highlights Sequential drop in top line due to weaker pricing Margins to be impacted by increased supply and high-cost inventory Capacity ramp-up for new facilities for gloves to be slower than planned Valuation at a premium, given muted growth prospectsWe had downgraded our recommendation for Apcotex Industries (CMP: Rs 482; Market Cap: Rs 2,500 crore) to neutral in early May 2022 on the pretext of muted visibility for both volume and pricing.Since the company’s capacity was fully utilised, there was hardly any room... Watch Webinar Dec 12, 2022 / 03:07 PM IST In today’s edition of Moneycontrol Pro Panorama: US inches closer to China in high-tech space, investors losing interest in equities, reintroducing old pension scheme a retrograde step, private sector chief for LIC not a good idea, and more Dec 10, 2022 / 09:56 AM IST The cross-border flow of money and players in football has created fertile ground for economists to study these linkages. Of course, true fans care little for such material things and live for the simple joy of watching the game