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CRISIL assigns IER rating for Dhanuka Agritech

18 Jan 2016 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 650 in its January 14, 2016 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 529.80
PI Industries 2186.00
Bayer CropScience 3545.55
Sharda Cropchem 699.80
Sumitomo Chem. India 392.00
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