Combined revenues of these firms was up 10.3% YoY, double the growth of India Inc
While lower sowing is a cause of worry, the government's decision to offer an increase in MSP may help the farmers boost their income and hence, their spending capacity
Delay in demand recovery and higher stock valuations mean low margin of safety, say analysts
Given the muted demand situation, investors need to be selective, say analysts
Improving consumer demand and GST implementation benefits are supporting growth, while the sector's safe haven attributes are an added attraction amidst increasing volatility, say experts