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Anand Rathi Report
Aarti Industries Ltd. implemened ~Rs 43 billion capex over FY19-22 and targeting Rs 30 billion in the next two years.
Aarti Industries intends to enter the chloro-toluene chain, set up universal multi-purpose plants, a new range of -added and specialty products and custom manufacturing.
With utilisation picking up at the recently commissioned capacities, the start of revenue from long-term contracts and rising share of downstream and -added products, we expect the strong growth momentum to persist.
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