We anticipate a gradual improvement in sales and margins in the near future, asserts Niraj Kedia, CFO, Finolex Industries

On Monday, the fears of a global economic slowdown coupled with a slew of major quarterly earnings gripped the sentiments in the domestic market.

In tune with the government’s various policies to support the development of both urban and rural infrastructure and provide a boost to the agriculture sector, the demand for pipes and fittings is bound to grow, says Niraj Kedia, CFO, Finolex Industries.

The plastic pipe sector has shown resilience by recovering from the pandemic-induced slowdown in the first two-quarters of FY21.

One of the most important reasons for the popularity of candlestick charting is the pictorial representations of stock prices and the way the market information is displayed; so that, traders can use maximum information to his or her advantage.A bullish pro gap is a two-candle pattern wherein, the first candle is a red candle, which is followed by a green candle that opens within the red real body and closes over prior open.