Karachi: EPCL is expected to report a profitability of PkR0.2 per share for the third quarter of the calendar year 2026, driven by a recovery in Ethylene-PVC core margins.

According to AKD Securities Limited, revenue for the company is projected to increase due to rising PVC and Caustic Soda prices. Additionally, gross margins are expected to broaden, supported by improved core-margins and a reduction in gas levy. Despite these positive indicators, AKD Securities Limited maintains a 'SELL' recommendation for EPCL, with a target price of PkR28 per share by December 2026. The forecast is based on anticipated challenges from higher energy prices and lower margins, which are expected to exert pressure on overall profitability.