The BSE-listed company has an estimated debt of Rs 200 crore, including the working capital, as on March 31, 2017 of which term loans were Rs 30 crore.
The Agriculture Ministry has sought views from stakeholders after an expert panel recommended that 13 pesticides /insecticides should be banned completely by 2020.
Agro-chemical firm Crystal Crop Protection is looking at doubling its turnover to Rs 2,500 crore by March 2020 on the back of aggressive portfolio expansion plans.
Emkay is bullish on Insecticides has recommended buy rating on the stock with a target price of Rs 380 in its research report dated March 12, 2016.
Volume is also likely to grow 10-11 percent with 4 percent growth in price mix while domestic consumer business may be buoyant with 12 percent growth. International business in Q2 may see mixed cues with muted 9 percent growth. Macros are likely to adversely impact Indonesia, African operations.
Food safety watchdog FSSAI is planning to set new quality standards for ice-cream and flavoured milk besides tightening the existing safety norms for milk and other dairy products.
In an interview with CNBC-TV18, Sandeep Aggarwal, CFO, Insecticides India said that sales and business days will both be impacted with deficient rainfall in July and August.
Speaking to CNBC-TV18 from the sidelines of three-day Kotak Conference, Adi Godrej says the advertisement spending is likely to remain at elevated levels. The company is confident of delivering strong bottomline growth going ahead.
Insecticides India has reported a sales standalone turnover of Rs 190.89 crore and a net profit of Rs 6.76 crore for the quarter ended Dec '13
Insecticides India has reported a sales standalone turnover of Rs 340.32 crore and a net profit of Rs 13.84 crore for the quarter ended Sep '13
In an interview with CNBC-TV18, Rajesh Agarwal, CMD of Insecticides India attributes its growth to the launch of new brands and collaborations with American and Japanese companies.
MIC Electronics | Kirloskar Brothers | Hindustan Copper | Insecticides India | Reliance Industries | Jaiprakash Associates and Hero MotoCorp are stocks, which are in the news today.
CRISIL Research has come out with its report on Insecticides (India). The research firm has maintained the fundamental grade of 3/5 to the company in its November 29, 2011 report.
In an exclusive interview with CNBC-TV18, Rajesh Agarwal, chairman and managing director of Insecticides India says that in the first quarter, the company has seen 10-15% increase in the market price.