While I hate to see contracting margins of Apcotex, what keeps me invested in this company is the honesty of the leadership. Around one year back, post good Sept 22 results, Abhiraj had no qualms to declare that next few quarters are going to be tough, due to over capacity in nitrile latex supplies and post covid tepid demand from glove industry . I remember stock price dropped post conference call. Like any other chemical company, Apcotex is going through down cycle of lower demand and hence lower prices.
| Subscribe To Our Free Newsletter |
