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 future market performance.
Vishal Nirmiti shares list at 2% discount over IPO price on NSE, BSE
On October 8, Vishal Nirmiti made a subdued debut in the stock market, listing below the issue price. This IPO, amounting to Rs 178 crore,