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PCBL PCBL Chemical News Story

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Basic MaterialsAdventurousMid CapFalling Star

India's PCBL Chemical hits five-month low on lower quarterly profit

** PCBL Chemical PCBL.NS drops as much as 6.1% to five-month low of 355.75 rupees

** Set for sixth session of losses in seven trading days

** Co's consolidated net profit halves in Q2; revenue flat

** Revenue from carbon black segment - largest business vertical by revenue - falls y/y

** Nine analysts on avg recommend "buy"; median PT 453 rupees, as per data compiled by LSEG

** YTD, PCBL down 21%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))

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