Apcotex approves ₹210 crore capacity expansion at Valia plant
APCOTEXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.4 pts more than its Rubber peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board approved ₹210 crore to add 37,000 metric tonnes per annum of synthetic latex capacity and 14,600 metric tonnes of nitrile rubber and allied products capacity. The expansion is expected in phases by Q1 of FY2027-28 and will be financed through internal funds and debt to meet domestic and international demand.
Higher capacity and sales are possible, but funding and execution risk could affect near-term profitability and debt levels.