Pricing pressure continues to hurt performance

Company
30 Oct 2024
5 Min read 
  • Aman Chowdhary and Sumant Kumar estimate changes in NOCIL's stock.
  •  The company's financials and valuations show a decline in EBITDA and EPS estimates.
  •  Pricing pressure from Chinese, South Korean, and EU suppliers affects NOCIL's performance.
  •  Management remains positive on growth opportunities despite pricing pressure.
  •  The company's capacity expansion and heightened competition pose downside risks.
  •  The stock currently trades at a premium and is expected to remain neutral.
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