Both Polyplex and Cosmo First Mgmt in their respective Commentary have sounded off that Q3FY2023 would be on similar lines as of Q1 and Q2FY2023 with destocking continuing in Q3 as well.
Demand likely to pick up post the Holiday season , i.e, Q4. Looks Markets may already have factored in Q3.
Also interesting was around 33 – 34 minute of Thailand Subsidiary Q3 Result Call – the Investor Question on BuyBack to make Thailand subsidiary a 100% owned sub- MD directed the question to the second speaker who replied in negation but also re-directed to the Finance Manager.
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