SRF503806Chemicals
SRF's conference call highlighted recovery in foils and packaging business and maintained guidance despite a miss versus estimates
By ScoutQuest · · 1 min read
Heard on business television between 13:49:13 - 13:52:13 IST.
- Floor chemicals business in the US remained weak, offset by other segments.
- Foils business exports gaining momentum, especially in European markets.
- Qualification for aseptic packaging with global leaders such as Tetra Pak opening new revenue streams in value-added applications.
- Company looking at new sectors: energy storage, electrical and electronics, semiconductors, new generation cooling solutions, environment sustainability, renewables, aerospace and defense.
- Stock saw a sharp recovery during the conference call after management maintained guidance despite numbers missing estimates.
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Source: Live TV News Channel · 22 Oct 2026
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