Oct 31 2023, 09:56
5 agrochemical stocks with upside up to 44%:
Agrochemical companies is a
sector which after performing very
well just post the covid has been
facing headwinds for sometime.
The reason for this
underperformance, a couple of
companies' unseasonal rainfall
affected the crops growing pattern
and hence the demand was
impacted negatively. Incase of
some companies, all of sudden
there was dumping by China and
that led to fall in prices.
In the case of others where China is a factor, both in case of dumping and also sudden rise in prices. There is a set of companies which have been expanding their capacity focussing on backward integration.
The list has then been sorted with the highest potential stock coming on the top of the list.
Agro Chem stocks - Upside potential
Oct 30, 2023
Company Name
UPL
6
Avg Score
Buy
Reco
25
Analyst Count
44.1
Upside Potential%
41
Inst Stake%
Market Cap Type
Large
Market Cap Rs Cr
41,940
Company Name
India Pesticides
8
Buy
2
Avg Score
Reco
Analyst Count
34.5
UPL Limited is a company that provides crop protection solutions. The Company is engaged in the business of agrochemicals, industrial chemicals, chemical intermediates and specialty chemicals.
India Pesticides Limited is an agrochemical company. The Company is primarily engaged in the business of manufacture, sale, and distribution of insecticides, fungicides, herbicide, and various other agrochemical products.
Sharda Cropchem Limited is an agrochemicals company. The Company is principally engaged in export of agro chemicals and non- agro products to various countries across the world.
PI Industries Limited is a holding company. The Company is engaged in the manufacturing and distribution of agro chemicals. It operates through Agro Chemicals segment.
Sumitomo Chemical India
Limited is a company that is primarily engaged in manufacturing and sales of household insecticides, agricultural pesticides, public health insecticides and animal nutrition products.
source: et
Nov 01 2023, 08:42