Insecticides (India): Resilient show - Buy
The company has held its own even amidst rough times thanks to expansion in its product offerings and market reach
Agri stocks are back in focus, thanks to the near normal monsoon in the last two years after two consecutive years of weak monsoon. Historically, it is pesticide sales that has responded directly to monsoon and has been more vulnerable to its vagaries, compared with other agri-input players such as seed and fertiliser makers. For instance, in years of deficient monsoon rains, the consumption of pe...
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