Why Styrenix’s stock has fallen 45% despite strong fundamentals

India’s ABS leader posts 29.5% ROE, remains debt-free, but Thailand acquisition bleeds Rs 28 crore a quarter amid Rs 350 crore expansion and rising FY28 competition

Mar 11, 2026 - 04:00
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Why Styrenix’s stock has fallen 45% despite strong fundamentals
India’s ABS leader posts 29.5% ROE, remains debt-free, but Thailand acquisition bleeds Rs 28 crore a quarter amid Rs 350 crore expansion and rising FY28 competition

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