Indorama Ventures Settles 3% Higher with Performance Expecting to Improve Next Year

Indorama Ventures Public Company Limited (SET: IVL)’s stock price on Friday settled at THB 25.25 per share, representing an increase by THB 0.78 or 3.06% per share. The price rose to its daily high of THB 25.50 , while the lowest was THB 24.60 with a trading value of 361.57 million baht.

Krungthai XSpring Securities stated in its analysis that it expects IVL’s performance in 2025 to improve, driven by higher sales, lower CAPEX, an improved product mix and higher spread. Furthermore, there are plans to list two of its subsidiaries on the stock market by the end of 2025 or the first quarter of 2026, with an estimated value of around 1 billion USD. Bloomberg Consensus has set a target price for IVL at THB 29.27 per share.