Page 2 - Agrochemical Companies

Dharmaj Crop IPO subscribed 1.8x on Day-1, QIB portion not fully covered

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

Agrochemical firm Dharmaj Crop Guard's IPO likely to enter market soon

Dharmaj Crop Guard's IPO is coming soon into market

After strong Q2, uptick ahead for agrochemical major PI Industries stock

After a sharp rally, valuations reflect the strong Q2 show

Gains in UPL hinge on reduction of debt, improved cash flow generation

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

Astec Lifesciences hits record high in a weak mkt; stock up 24% in 3 days

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

Best Agrolife zooms 37% in 2 days after Ashish Kacholia buys 1% stake

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.

Sales growth likely to sow seeds of distress for agrochem players

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

Big agrochem firms may use drones for chemical spraying this kharif season

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 slips 23% in a month post closure of buyback offer; hits 52-week low

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

Sharda Cropchem hits new high on strong business outlook; stock surges 10%

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

Agrichem exporters may harvest gains better than India-focused players

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

UPL to sell 49.98% stake in subsidiary ANSL to Nerka Chemicals

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

Differentiated product focus, deleveraging to drive growth for UPL

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

Heranba Industries gets environmental clearance for Rs 110 cr expansion

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

Top-performing Indian funds make winning bets on chemical firms stocks

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

Insecticides board to mull share buyback on March 30; stock surges 11%

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

All-round show fueling rally in BASF India, stock up 40% so far in CY2021

Healthy demand, focus on cost optimisation and expansion plans drive optimism

Agri-related stks in focus; FACT, Madras Fertilizers hit 20% upper circuit

FACT and Madras Fertilizers shares were trading at their 52-week highs today

UPL makes the right moves with mega debt retirement plan

Healthy fundamentals and expectation of a strong second half of 2020-21 cheer investors

Agrochemicals firm UPL completes pre-payment of $410 million senior notes

Agrochemicals manufacturer UPL has completed the pre-payment of $410 million of 3.25 per cent senior notes due in October 2021