Top 7 Agriculture Stocks to buy in 2024
Explore Indian agri stocks, vital for 50% population. Despite 0.03% market share, it fuels related sectors, promising growth.
Why You Should Invest in Agricultural Stocks:
Agriculture, vital for Indian economy, supports 58% population. Govt invests 131,000 crores to enhance production. Investment opportunities abound.
PI industries ltd:
Established in 1946, PI Industries is a leading agrochemical company with a ₹50,452 crore market cap, diverse product range, and strong market presence.
UPL ltd:
UPL, a global agrochemical leader, ranks 5th worldwide. In India, it's the largest with a market cap of ₹54,419 crores, ROCE 15.6%, debt to equity 1.09.
Bharat Rasayan Limites:
Bharat Rasayan, founded in 1989, excels in agrochemicals, boasting 37% net profit CAGR and ₹9,538 current trading.
Bayer crop science:
Bayer AG, a leading agrochemical firm with ₹22.5B market cap, excels in crop protection, digital farming, seeds. Robust ROCE at 30.9%, minimal debt.
Coromandel International Limited:-
Private fertilizer producer in south India, market cap ₹26,568 crores. Stock at ₹901 (as of January 6). Offers crop inputs, organic fertilizers.
Godrej Agrovet:-
Founded in 1990, a leading agro company under Godrej, with a ₹3100 crore turnover. Specializes in animal feeds, agrochemicals, and palm oil.