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.