Godrej Agrovet: Good prospects, but investors should look at stock on dips

While the company has a presence across multiple segments, crop protection and animal feed segments account for 65 per cent of the consolidated revenues

Topics
Godrej Agrovet | Markets | Coronavirus

Ram Prasad Sahu Last Updated at July 9, 2020 19:21 IST

The rally in agri-related stocks has helped Godrej Agrovet gain over 31 per cent since May 20. The gains were led by growth expectations across segments, margin improvement and earnings recovery in FY21.

The company had posted muted numbers in the March quarter due to Covid-19 impact, which dented the topline as well as profitability. While the company has a presence across multiple segments, crop protection and animal feed segments account for 65 per cent of the consolidated revenues. In the animal feed segment, demand from segments such as poultry has been muted due to the pandemic. ...

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber? LOGIN NOW

Read our full coverage on Godrej Agrovet

First Published: Thu, July 09 2020. 19:13 IST

Premium Services In Partnership with


Dear Guest,

Godrej Agrovet: Good prospects\, but investors should look at stock on dips

Godrej Agrovet: Good prospects, but investors should look at stock on dips

While the company has a presence across multiple segments, crop protection and animal feed segments account for 65 per cent of the consolidated revenues

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs

Already a premium subscriber? LOGIN NOW

Connect with BS