[Industry Notes] – Is it a good time to look at Agrochemical stocks for Investment
Hello Sir, Recently, I was looking at few companies like Insecticides India, Sharda Cropchem, etc. which deal in Agrochemicals. The last 2 years were really bad for the industry with pricing challenges and excess supply from China. Prices of many agrochemicals corrected by 40-50% and even more and similarly stock prices are also down around 50% and more. However, based on the management commentary, it seems that prices have stabilized now and are gradually moving upwards. It’s always interesting to look at good…