Agrochemical Companies

Adverse agronomical conditions, excess channel inventory weigh on domestic market volume offtake

Brokerages have a mixed outlook on margin trajectory for the sector

It raised Rs 216 crore by issuing fresh equity in the IPO

The two categories were subscribed around 7 times each; QIB was nearly half covered

Retail, HNI fully covered, institutional investor portion subscribed 35%

Dharmaj Crop Guard's IPO is coming soon into market

After a sharp rally, valuations reflect the strong Q2 show

Higher demand to keep revenue growth strong in the second half of FY23

The stock of pesticides & agrochemicals company surpassed its previous high of Rs 2,178.85, which it had touched on July 20, 2022

On Tuesday, August 30, 2022, Ashish Rameshchandra Kacholia purchased 318,000 equity shares, representing 1.3 per cent stake in Best Agrolife for Rs 30 crore on the NSE, data shows.

Exporters could do better as domestic firms are hit by monsoon delay, inventories

Industry sources estimate that drones could be used for spraying pesticides and other plant chemicals in around 30,000 acres this kharif season largely as pilot projects

UPL expects strong performance (10 per cent plus revenue growth and 12-15 per cent EBITDA growth) in the current fiscal year FY23.

Analysts expect the company to show high growth momentum, strong balance sheet, free cash-flows and strong return ratios over FY22-24.

Higher demand and rising prices likely to help firms like UPL and PI offset input cost pressure

UPL, in a regulatory filing, said it will offload the stake for a consideration of Rs 1.75 crore and the deal is expected to be completed by March 31 this year

Progress on launches, margin gains and debt reduction key for rerating

Agrochemicals firm Heranba Industries said it has received environmental clearance to set up additional manufacturing capacity at an estimated cost of Rs 110 crore at its facility in Gujarat

India is emerging as a hub for specialty chemicals, helped by favorable policy measures.

The board of directors of the agrochemicals company is scheduled to meet on March 30, to consider share buyback proposal.