Agro-pesticide stocks have surged recently due to rural demand, stable pricing, and strong earnings. While NACL Industries led gains, analysts caution that this rapid growth may not be sustainable. Factors like favorable monsoons and higher MSPs have boosted demand, but investors should monitor rainfall, China’s policies, and raw material costs. Rallis India and Sharda Cropchem are considered safer long-term investments.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets