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Agro Chemicals Stocks

The agrochemical sector in India plays a critical role in agricultural productivity, being the 4th-largest global producer and a significant exporter, with the U.S., China, Japan, and Brazil as key markets. The agrochemical sector in India is vital for agricultural productivity, facing challenges from pests and diseases. Approximately half of India's population relies on agriculture, driving agrochemical demand. The sector is poised for growth with a shift towards sustainable practices and biopesticides. The India Agrochemicals Market is projected to reach $8.22 billion by 2024, with a forecasted CAGR of 4% from 2024 to 2029. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 103.05

-4.82 (-4.47%)

Volume

31,017

Market Cap

₹103 Cr

52W Low

₹89.00

52W High

₹145.00

LTP

₹ 80

1.45 (1.85%)

Volume

1,600

Market Cap

₹53 Cr

52W Low

₹53.10

52W High

₹101.90

LTP

₹ 1,308.05

1.95 (0.15%)

Volume

40,045

Market Cap

₹2,561 Cr

52W Low

₹825.05

52W High

₹1,490.00

LTP

₹ 6,620.3

107.05 (1.64%)

Volume

57,656

Market Cap

₹29,151 Cr

52W Low

₹4,256.05

52W High

₹6,670.00

LTP

₹ 250

0.24 (0.10%)

Volume

3,12,867

Market Cap

₹3,108 Cr

52W Low

₹112.50

52W High

₹285.00

LTP

₹ 12,000

32.90 (0.27%)

Volume

7,134

Market Cap

₹4,970 Cr

52W Low

₹8,332.75

52W High

₹13,276.90

LTP

₹ 87.26

14.54 (19.99%)

Volume

61,051

Market Cap

₹38 Cr

52W Low

₹33.00

52W High

₹87.26

LTP

₹ 46.6

0.70 (1.53%)

Volume

52,000

Market Cap

₹79 Cr

52W Low

₹36.50

52W High

₹55.95

LTP

₹ 1,667.45

-21.05 (-1.25%)

Volume

39,986

Market Cap

₹7,695 Cr

52W Low

₹703.35

52W High

₹1,733.00

LTP

₹ 266.9

-4.93 (-1.81%)

Volume

1,18,788

Market Cap

₹917 Cr

52W Low

₹165.65

52W High

₹290.00

LTP

₹ 1,226.05

21.45 (1.78%)

Volume

17,500

Market Cap

₹1,516 Cr

52W Low

₹699.80

52W High

₹1,264.20

LTP

₹ 368.7

-0.50 (-0.14%)

Volume

74,906

Market Cap

₹1,478 Cr

52W Low

₹280.40

52W High

₹426.00

LTP

₹ 233.37

-0.99 (-0.42%)

Volume

2,44,253

Market Cap

₹2,698 Cr

52W Low

₹191.50

52W High

₹431.75

LTP

₹ 707.7

-8.90 (-1.24%)

Volume

1,05,772

Market Cap

₹2,118 Cr

52W Low

₹414.05

52W High

₹731.90

LTP

₹ 85.15

-1.73 (-1.99%)

Volume

6,34,999

Market Cap

₹2,206 Cr

52W Low

₹71.40

52W High

₹104.50

LTP

₹ 77.97

-0.25 (-0.32%)

Volume

2,33,742

Market Cap

₹1,553 Cr

52W Low

₹55.55

52W High

₹100.50

LTP

₹ 3,805.8

52.10 (1.39%)

Volume

3,15,751

Market Cap

₹56,766 Cr

52W Low

₹3,220.00

52W High

₹4,040.00

LTP

₹ 29.76

-1.26 (-4.06%)

Volume

10,608

Market Cap

₹13 Cr

52W Low

₹27.92

52W High

₹55.60

LTP

₹ 1,410.6

-2.30 (-0.16%)

Volume

32,363

Market Cap

₹1,731 Cr

52W Low

₹833.10

52W High

₹1,445.00

LTP

₹ 322.45

-10.75 (-3.23%)

Volume

8,28,705

Market Cap

₹6,478 Cr

52W Low

₹192.65

52W High

₹348.25

LTP

₹ 455.75

9.50 (2.13%)

Volume

1,87,868

Market Cap

₹4,032 Cr

52W Low

₹318.05

52W High

₹578.00

LTP

₹ 618

17.50 (2.91%)

Volume

86,169

Market Cap

₹934 Cr

52W Low

₹492.90

52W High

₹893.00

LTP

₹ 98.96

1.44 (1.48%)

Volume

19,366

Market Cap

₹164 Cr

52W Low

₹54.55

52W High

₹118.00

LTP

₹ 489.3

-3.20 (-0.65%)

Volume

3,65,018

Market Cap

₹24,555 Cr

52W Low

₹336.10

52W High

₹510.75

LTP

₹ 12.79

-0.02 (-0.16%)

Volume

11,587

Market Cap

₹52 Cr

52W Low

₹6.31

52W High

₹21.97

LTP

₹ 574.05

8.10 (1.43%)

Volume

34,06,673

Market Cap

₹42,477 Cr

52W Low

₹447.80

52W High

₹688.95

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About the Agrochemicals Sector

India is the 4th-largest global producer of agrochemicals and ranks 12th among chemical exporters, excluding pharmaceuticals. The primary destinations for India’s agrochemical exports include the United States, China, Japan, and Brazil.

In India, approximately 15-25% of potential crop production faces losses attributed to pests, diseases, and weeds. Enhancing crop productivity through effective pest control measures and adopting weed management practices is acknowledged as a pivotal factor in augmenting agricultural output. Consequently, the utilisation of agrochemicals has become crucial to meet this need.

Approximately half of the Indian populace relies on agriculture as their primary source of income. The escalating population results in a substantial need for food items to cater to the growing demands of sustaining the populace. Pesticides, among various chemicals, are extensively employed in the agricultural sector. The agrochemical market is experiencing a shift towards price premiums and adopting innovative, eco-friendly production methods. 

Striking a balance between the judicious use of optimal chemicals and mitigating their environmental impact is becoming increasingly imperative. In alignment with the Central Government’s commitment to promoting sustainable agriculture, there is a rising trend in the utilisation of biopesticides, constituting 15% of the market. In 2022, Indian agrochemical firms enhanced their backward integration strategies and utilised international storage facilities to sustain production growth and meet the rising demand.

Future Outlook Of The Agrochemicals Sector

In 2024, the India Agrochemicals Market is projected to be valued at approximately $8.22 billion, with a forecasted growth of $13.08 billion by 2029. Anticipated to expand at a Compound Annual Growth Rate (CAGR) of 4% throughout the forecast period from 2024 to 2029, this sector is poised for substantial development.

The Federation of Indian Chambers of Commerce and Industry highlights the agrochemical industry as one of the top 12 sectors targeted for global leadership by the Indian government. Projections indicate a growth rate of 8-10% through 2025, affirming the strategic significance of the agrochemical sector in India during the forecast period. 

Indian government’s efforts have also led to a rise in the use of chemical pesticides. In 2021, the Ministry of Agriculture and Farmers Welfare reported that the consumption of these pesticides reached 44,700 metric tons. Such government initiatives to enhance crop production are anticipated to contribute to the market’s growth in the future.

Things To Consider Before Investing in the Agrochemicals Sector

Investing in the agrochemicals sector involves various considerations due to the unique characteristics and challenges associated with this industry. Here are some key factors to keep in mind before making investment decisions in the agrochemicals sector:

  • Regulatory Environment: Agrochemicals are subject to strict regulations and approvals by government authorities. Changes in regulatory policies can significantly impact the industry. Stay informed about the regulatory landscape in different regions where the companies operate.
  • Competition and Market Share: Analyse the competitive landscape to identify key players and their market shares. Companies with a strong market position and a diversified product portfolio may be better positioned for long-term success.
  • Research and Development: Assess the level of investment in research and development by agrochemical companies. Innovation in new products, formulations, and sustainable solutions can be a significant competitive advantage.
  • Environmental and Sustainability Concerns: Increasing awareness of environmental and sustainability issues may impact the agrochemicals sector. Companies adopting environmentally friendly and sustainable practices may have a better long-term outlook.
  • Crop Diversity and Geographical Presence: Companies with a diverse product portfolio covering various crops and a global geographical presence may be more resilient to regional economic fluctuations and crop-specific challenges.
  • Input Prices and Raw Materials: Fluctuations in the prices of key raw materials, such as chemicals and fertilisers, can impact the profitability of agrochemical companies. Monitor commodity prices and understand how they might affect the cost structure.

How To Invest in the Agrochemicals Sector Stocks?

To invest in sector stocks via Angel One, follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired Agrochemicals sector stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type. 
  • To complete your transaction, click on the ‘Buy’ button.

You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio.’

FAQs

What are agrochemical sector stocks?

Agrochemical sector stocks represent companies involved in the production and distribution of agricultural chemicals, including pesticides, fertilisers, and other crop protection products.

Which is the top stock from the agrochemical sector in terms of market cap?

As of January 25, 2024, Fertilisers And Chemicals Travancore Ltd is the top stock from the agrochemicals sector with a market capitalisation of ₹53,228.14 crore.

How to evaluate agrochemical sector stocks?

Evaluate agrochemical sector stocks by assessing market trends, regulatory factors, company financials, and the impact of technological advancements on agricultural practices.

Why should you invest in agrochemical sector stocks?

Investing in agrochemical sector stocks offers potential growth due to the essential role agrochemicals play in enhancing the agricultural productivity of India and addressing global food security challenges.

Which are the best agrochemical sector stocks to invest in?

Fertilisers And Chemicals Travancore Ltd is one of the best agrochemical sector stocks on the basis of  5Y CAGR. As of January 25, 2024, the company recorded a CAGR of 85.16% in the past 5 years.

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