 "The stock of the country's largest plastic pipe maker Supreme Industries")
A weak operating performance in the September quarter and muted near-term outlook led to a 4 per cent fall in the stock price of the country’s largest plastic pipe maker, Supreme Industries. The stock was the biggest loser on the BSE 200 in trade. It is down about 10 per cent in the last year and has underperformed the Sensex and the Nifty in this period.
For Q2, the company consolidated revenues rose 5 per cent Y-o-Y. This was largely led by volumes which went up 12 per cent. However, realisations declined by 5 per cent given the falling polymer
