Was listening to the Astral concall and even they seem to be hopeful that the prices would stabilize in the current quarter. Also, the volumes have seem to gone up for most of the PVC companies in the last quarter. I think the sector may recover this year. Astral seems to have invested a lot of capex during covid and the management was confident that most of it would come online this year. So, between Supreme, Astral and Prince, there is not a single company that gives me full confidence (because some of them are overpriced and the others may face severe competition from the capex coming online), so I am planning invest in the sector rather (basket of companies).
| Subscribe To Our Free Newsletter |
