Economic TimesLean R·
PCBL Chemical shares gain 25% in 6 months on supply, export optimism
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.
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