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Agrochemicals exporters revenue weakness may spill over to 2024

Most global companies indicate continuing destocking pressures

upl: Sometimes headwinds are an opportunity: 5 agrochemical stocks with upside scope of up to 44%

The bull run which started right in the middle of 2020 when covid was ravaging the world, had seen many sectors coming into limelight. One among them was agrochemical. The whole sector got rerated and some of the Indian companies which are focussed on domestic markets got fair share of attention from the street. But then they faced headwinds and have been underperforming, but in case of the companies the headwinds are temporary and the underlying changes these companies are doing makes them worthy of looking as long term investment bets. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from the chemical sector with high upside potential over the next 12 months, having an average recommendation rating of “buy” or a “hold”.

Technical Analysis: SJS Enterprises, SKF India, Sharda Cropchem

Technical Analysis: SJS Enterprises, SKF India, Sharda Cropchem
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Accumulate Sharda Cropchem; target of Rs 470: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Sharda Cropchem with a target price of Rs 470 in its research report dated October 25, 2023.

Sharda Cropchem Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023

Sharda Cropchem Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 5,807.6 million compared to.

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