Styrenix Performance Materials Ltd. share price target

Ineos reported a decent Q1FY19 performance on the volume front. The margins were also stable YoY. However, they were down QoQ. Volumes increased 18% YoY to 44 KT vs. 37.3 KT in Q1FY18 Revenues during the quarter increased 32.5% YoY and were at | 595.1 crore vs | 449.2 crore in Q1FY18. Gross margins also increased to | 26.5/kg in Q1FY19 from | 21.7/kg in Q1FY18 (last year there was an inventory loss). ABS segment EBIT came in at | 33.5 crore (increase 134% YoY) vs. | 14.3 crore in Q1FY18 whereas PS...

ICICI Securities Ltd | Retail Equity Research Ineos reported a soft Q3FY18 performance largely tracking lower product demand from the automotive and household sector post the...