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Once again the property angle appears to have revived waning interest at the counter of Finolex Industries. There is talk that the company is looking at excess land that can be developed gainfully. With crude on the rise, the outlook for the industry has not been good with PVC manufacturers expected to face input cost pressure.

However, property play appears to have infused interest in this stock, which hit a 52-week high intra-day on Wednesday. The stock closed at Rs 102.05, up 1.9 per cent, on the BSE.

Deeptha Rajkumar

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