Dhanuka Agritech507717Agrochemicals
Dhanuka Agritech shares spiked over 10.5% after quarterly results showed revenue growth and margin expansion despite rainfall/El Nino concerns
By ScoutQuest · · 1 min read
- Stock move today
- 10.5 percent
- 200-day moving average
- 1030
Heard on business television between 15:06:19 - 15:09:19 IST.
- Stock spiked 10.5% on back of quarterly numbers showing revenue growth and expanded margins despite rainfall concerns.
- Company management said El Nino hit the company and country hard, with agri input industries at the frontline of impact.
- Acreages and farmers' propensity to invest in agriculture have come down, hitting overall industry growth.
- Company has maintained lower single digit growth guidance for FY27.
- Analyst noted stock has tanked for almost two years, spiked on results but failed to hold gains, with 200-day moving average near 1030 levels.
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Source: Live TV News Channel · 30 Oct 2026
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