Analyst Corner: Building materials sector to stay under pressure in Q3
We estimate our building material coverage universe to report an aggregate revenue|Ebitda|PAT growth of 4.2%|13.8%|25% y-o-y, respectively, (ex-PIDI: 3.9%|9.1%|11.7% y-o-y), in Q3 with plumbing pipes likely to sustain their outperformance over peers. While ASTRA and PIDI are likely to outperform in Q3FY20, VSKI and CRS are expected to be the laggards.
Analyst Corner: Building materials sector to stay under pressure in Q3
We estimate our building material coverage universe to report an aggregate revenue|Ebitda|PAT growth of 4.2%|13.8%|25% y-o-y, respectively, (ex-PIDI: 3.9%|9.1%|11.7% y-o-y), in Q3 with plumbing pipes likely to sustain their outperformance over peers. While ASTRA and PIDI are likely to outperform in Q3FY20, VSKI and CRS are expected to be the laggards.