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Monday, 8 August 2016

Stock Update - Apar Industries - Q1 Investor Presentation

Q1 investor presentation - http://www.apar.com/pdf/financedata/Investors-update/2016-2017/Q1.pdf

Key points:
  • Conductor revenues subdued due to lower commodity prices
  • Specialty Oils and Lubes are likely to be impacted due to slow implementation of UDAY and increase in crude oil
  • Higher orders expected from renewable companies for cables
  • Automotive segment drove highest sales ever for Q1

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