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Insecticides (India) to launch new product in FY17

31 May 2016 Evaluate

Insecticides (India) will be launching new product in FY17 which will help boost profitability of the company. The company has reduced its debt to about Rs 40-50 crore in FY16 from Rs 70-80 crore in FY15.

Insecticides (India) is a leading agro-chemical and pesticides manufacturer. The company has formulation facilities in Chopanki in Rajasthan, Samba and Udhampur in Jammu & Kashmir and Dahej in Gujarat. It also has plants at Chopanki and Dahej to manufacture technical grade chemicals.


Peers
Company Name CMP
UPL 552.65
PI Industries 2388.05
Bayer CropScience 3771.55
Sharda Cropchem 761.00
Sumitomo Chem. India 464.30
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