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Agrochemical companies | agrichem sector | Agriculture exporters
Ram Prasad Sahu Last Updated at April 10, 2022 22:20 IST
https://mybs.in/2auic11
Listed crop protection or agrochemical majors are expected to be the big beneficiaries of the rise in agriculture commodity prices. Their gains are backed by favourable conditions in both Indian and global markets.
While revenue growth is expected to be strong, margins can remain stable as companies pass on the higher input costs to customers. In the domestic market, prospects are driven by a healthy rabi season and expectations of a normal monsoon. Rohan Gupta and Bharat Gupta of Edelweiss Research say: “Despite erratic and non-uniform rains, the monsoon has remained normal for …
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