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Crop protection firms may face headwinds due to extreme weather conditions

Despite the price hikes, margins continued to be under pressure in the quarter

Topics
Crop protection | Compass | Crop damages

Ram Prasad Sahu 



crop protection
Though most brokerages are positive on the outlook for the sector, given the uncertainty on the demand front, investors should await clarity on volume/margin trends before considering the stocks

With the exception of Sumitomo Chemical India, the stocks of the agricultural input (crop protection) makers have been on a downtrend since the start of September. UPL and PI Industries, the largest listed players have underperformed, having shed 6-8 per cent even as the benchmark has been flat over this period.

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First Published: Thu, September 22 2022. 20:28 IST

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