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Near-term headwinds loom for PI Industries after a good Q1

Shares of the company are lower by about 1% in the past two trading days even though June quarter (Q1FY24) results were better-than-expected. ....

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Rain delay unlikely to hit agrochemical companies hard this time around

Besides the two leaders cited above, PI Industries, Aarti In.dustries, Sumitomo Chemicals, and Coromandel International are some of the preferred picks of analysts in the space. The monsoon onset has been delayed due to Cyclone Biporjoy, resulting in deficient rainfall in June. According to the IMD, the Northwest and some parts of central India will likely receive deficit rainfall, while the Southern peninsula and North-east India are better off. ....

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Rain delay unlikely to hit agrochemical companies hard this time around

Besides the two leaders cited above, PI Industries, Aarti In.dustries, Sumitomo Chemicals, and Coromandel International are some of the preferred picks of analysts in the space. The monsoon onset has been delayed due to Cyclone Biporjoy, resulting in deficient rainfall in June. According to the IMD, the Northwest and some parts of central India will likely receive deficit rainfall, while the Southern peninsula and North-east India are better off. ....

India General , Prabhudas Lilladher , Lok Sabha , Sharda Cropchem , Himanshu Binani , Bayer Cropscience , Gaurang Shah , Dhanuka Agritech , Geojit Financial Services , Coromandel International , Pi Industries , Tata Chemicals , Sumitomo Chemicals , Cyclone Biporjoy , North East India , Geojit Financial , Paradeep Phosphates , Coromandel Intl ,

Agrochemicals businesses stare at China, demand issues

Competition from China and declining raw material prices major concerns ....

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Weather adds to challenges for farm chemicals makers

Unseasonal rains, El Nino warning compounds uncertainties for agrochemical manufacturers ....

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