HSBC on PI Industries
Hold, TP cut to Rs 3800 from Rs 4000
Difficult times for pyroxasulfone which increases risks for PI’s export growth prospects
Exports already reflecting weakness
PI has entered zone of uncertainty as core biz remain muted while new biz take time to scale up
Hold, TP cut to Rs 3800 from Rs 4000
Difficult times for pyroxasulfone which increases risks for PI’s export growth prospects
Exports already reflecting weakness
PI has entered zone of uncertainty as core biz remain muted while new biz take time to scale up