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PCBL Chemical rises 25% on supply, export and earnings hopes

PCBL Chemical has seen a 25% stock increase due to anticipated higher carbon-black prices. The company expects improved ...

PCBL Chemical rises 25% on supply, export and earnings hopes
Source: Economic Times - NRI

PCBL Chemical has seen a 25% stock increase due to anticipated higher carbon-black prices. The company expects improved export prospects and a recovery in earnings. It has shifted some export volumes to the domestic market for better pricing. Management anticipates cost savings from various optimizations and a significant increase in Ebitda. Analysts have upgraded the stock rating, reflecting optimism about...

SOURCE: Economic Times - NRI
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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