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The world's fourth biggest natural rubber producer India's imports more than doubled in October this year due to low output. According to the country's Rubber Board data, natural rubber production dropped by 3% year-on-year to 86,300 metric tons in October. India produced 89,300 metric tons of natural rubber a year earlier.

Rubber futures are likely to open up tracking the upside in the global markets. However, weak oil prices

Rubber futures are likely to open up tracking the upside in the global markets. However, weak oil prices

HP Adhesives is a fast-growing retail adhesives and sealants company that has a wide range of consumer adhesives and sealants such as PVC, cPVC, and uPVC solvent cement, synthetic rubber adhesive, etc. They also manufacture these products for selected large PVC pipe manufacturing companies under co-branding or private label on an order basis. Apart from the above products, the company also sells ancillary products like ball valves, thread seals, and other tapes and FRP products for drainage and architectural solutions.

Last one week high and low of the scrip stood at Rs. 27.45 and Rs. 20.40 respectively. The current market cap of the company is Rs. 57.00 crore.