Polyplex Stock is about 38%-40% down from its ATH of Rs 2,870 in April 2022. So are many other shares in the Packaging Industry – Cosmo First is at its 52 Week low today. Jindal Poly is about 40% lower from Rs 1,449 in March 2022. Mold Tek went all the way up to Rs 1,058 in August and has been falling since – It has fallen approx 20% in last 2 months. Some Key areas in the upcoming Q2 Results would be 1) Exports to Europe and US for the Industry at large, 2) Capacity Utilization as many of the players have increased capacity that have got commissioned in the last few months, and in addition to Results 3) for Polyplex specifically, would be Changes in the Share holding pattern (if any)
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