Posts tagged Supreme Petrochem
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| Supreme Petrochem has very strong business model. Buy for target price of Rs 561 (51% upside): SMIFS | |
| Company: | Supreme Petrochem |
| Brokerage: | SMIFS |
| Date of report: | January 19, 2023 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 51% |
| Summary: | Supreme Petrochem (SPL) has very strong business model in Polystyrene (PS) & Expandable Polystyrene (EPS) along with its downstream derivatives like XPS & SPC. The company is expanding its capacity in all business segments viewing the growth opportunities available post closure of business of its nearest competitor in India, increasing demand growth & strong balance sheet to fund capital expenditure. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | SMIFS |