Page 3 - Agrochemical Companies

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

PI Industries could soon dethrone UPL as biggest agrochemical firm

Triggers in exports and domestic businesses to continue driving earnings while pharma CSM foray takes shape

India probing alleged dumping of chemical from China, South Korea

In the probe, the directorate will determine the existence, degree and effect of any alleged dumping in respect of the product from China

Discretionary exposure to keep growth under pressure at BASF India

The agrochemicals segment, however, should be able to offset some of the growth challenges

Govt explores tax sops, import curbs to make agrochem sector self-reliant

Sources in the know said the Centre was also looking at increasing Customs duty on formulations, agrochemicals, and pesticides falling under different Harmonized System of Nomenclature codes

Agro-chemical major UPL's Mauritian arm raises $500 mn through bonds

This issuance does not result in any increase in the net debt of UPL

UPL plans to raise about $500 million via bonds as economy is opened up

Moody's assigns Baa3 rating, says outlook stable for agrochemical company.

Illogical ban

Govt should review its proposal on agro-chem products

UPL, Coromandel Intl, Rallis India: Fresh overhang for agrochem majors

Analysts say, chemicals being considered for ban form significant part of the portfolio, both exports and domestic sales, of many players

Fresh worries for agrochemical majors as govt considers banning 27 products

Net impact would depend on final list of chemicals to be banned and companies' move to diversify portfolio

A fifth of Indian farmers may not get seed, fertiliser supplies this kharif

Labour shortages, transportation issues impede the movement from manufacturer to distributor and retailer

Latin America and India are key growth markets for UPL in H2FY20

The company is confident of achieving its revenue growth guidance of 8-10 per cent and operating profit growth guidance of 16-20 per cent for FY20

PI Industries stands strong amid dry spell for agrochemical players

The uptick in the global agricultural cycle will sustain the growth momentum in the CSM segment

D-Street turns positive on PI Industries, UPL, Coromandel as revenues rise

PI Industries, UPL are better placed, given pick-up in global demand after a two-year downturn