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CRISIL assigns IER rating for Dhanuka Agritech

05 Dec 2015 Evaluate

CRISIL Research has assigned Independent Equity Research (IER) Rating for Dhanuka Agritech. The company has been assigned Fundamental Grade ‘4/5’ (i.e. Superior fundamentals) & Valuation Grade ‘4/5’ (i.e. CMP has upside) by CRISIL Research. CRISIL has also indicated Fair Value of the Company's Equity Shares at Rs 595 in its December, 2015 IER Report.

Dhanuka Agritech is engaged in manufacturing wide range of agro-chemicals like herbicides, insecticides, fungicides, miticides, plant growth regulators in various forms - liquid, dust, powder and granules.

Peers
Company Name CMP
UPL 538.00
PI Industries 2300.00
Bayer CropScience 3603.85
Sharda Cropchem 721.10
Sumitomo Chem. India 431.30
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