After being underweight on domestic agrochemical companies and preferring global plays, brokerages believe that the former may perform better in the quarters ahead. Domestic crop protection companies have faced multiple headwinds over the past year and a half, given high inventory costs, pricing pressures, lower realisations in the generic segment, increased stocks due to lower infestations, and demand-led hits to volumes. Some of the overhang from previous quarters was reflected in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24) as well, with aggregate revenues and operating profit for the sector down 12 per cent and 27 per cent, respectively.
The southwest monsoon has started on a weak note and this has delayed the sowing of kharif crops. Though a cause for concern, the situation hasn't reached a stage where it warrants any panic response. Moreover, according to meteorologists and industry players, monsoon rains will witness a revival in the coming few weeks.
Kevin de Bruyne struck twice to inspire Manchester City to a dominant 4-2 win at Crystal Palace on Saturday and move the champions level on points with Liverpool at the top of the Premier League table.
Photos from soccer matches played across top European Leagues on Saturday.
Record-breaking Kane scores hat-trick in Bayern's 7-0 demolition of Bochum
Sevilla will bid for a record-extending seventh Europa League title when they face AS Roma in the final in Budapest on May 31, after Jose Mourinho's side drew 0-0 at Bayer Leverkusen to secure a 1-0 aggregate victory in their semi-final.
AS Roma head coach Jose Mourinho has been suspended for their next four matches in the Europa League.
Jose Mourinho's side top Group G with a maximum nine points, three clear of second-placed Slavia.
The top 300 pharmaceutical brands in the country will now bear a quick response (QR) code on their packaging to rein in spurious drugs and ensure better traceability.
Rennes denied late Europa League equaliser due to little-known rule
IMAGES from the soccer matches played across European leagues on Friday.
Arsenal sailed through the Europa League group stages, winning five of their six group matches and take on Sporting next, who overcame Denmark's FC Midtjylland in their playoff.
IMAGES from the football matches played across Europe on Sunday.
Liverpool overcame an early scare and came from a goal down to claim a 3-1 win at Austria's LASK Linz.
Barcelona will face a struggling Galatasaray team who are 13th in the Turkish top-flight.
Europa League kings Sevilla breezed past Manchester United into the semi-finals of their favourite competition as Youssef En Nesyri scored twice
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
The first legs of the ties will take place on February 16, with the return match a week later on February 23.
The German champions beat Bayer Leverkusen 4-0 in the league last week and then fired five goals past Viktoria Plzen in Tuesday's Champions League win that kept them top of Group C.
Images from the Europa League semi-final first leg matches on Thursday.
Manchester United bounced back from their defeat with a 4-1 win over Real Betis in the first leg of their Europa League last-16 tie.
Tottenham Hotspur have appointed former Celtic coach Ange Postecoglou as their new manager on a four-year contract.
Harry Kane scored twice in his first league appearance in front of a home crowd to steer champions Bayern Munich to a 3-1 victory over Augsburg.
Images from football matches held across Europe on Saturday
Defender Ehsan Hajsafi became on Sunday the first member of Iran's national team to speak out from the World Cup in Doha in apparent support of anti-government protests at home, saying players should be the voice of those suffering.
All the latest news from the summer transfer window...
16-year-old Youssoufa Moukoko broke the record set by Florian Wirtz, who netted for Bayer Leverkusen against Bayern Munich aged 17 years and 34 days in May 2020.
LaLiga leaders Barcelona's pursuit of a 27th Spanish title gained momentum after a 2-1 comeback win over Real Madrid.
England fans, the majority of whom will be watching on sofas and in pubs back home, have rightly lauded Southgate but patience is beginning to run out.
The teams finished level at 3-3 on aggregate in the tie but the Lisbon club advanced to the quarter-finals after Adan kept out Martinelli's weak effort.
Barcelona were held to a 0-0 home draw by Galatasaray in the first leg of their Europa League last-16 tie
A round-up of Tuesday's action in the UEFA Champions League.
Jacobs, who is 14 years, four months and 29 days old, signed a deal with the second tier United Soccer League club and could make his debut on Saturday against Las Vegas Lights FC.
Christian Pulisic has had a season to forget for Chelsea but in the blue shirt of his beloved United States he scored the goal that gave them their first win at the 2022 World Cup and a spot in the last-16.
If two or more clubs are level on points at the end of the group stage, a number of criteria will be taken into consideration to decide the qualifiers for the next round, starting with the head-to-head record among the teams in question. It then goes to superior goal difference and then goals scored in those matches.
Salzburg won the Austrian Cup with a ruthless 5-0 destruction of second tier Austria Lustenau in the final as the season resumed following the coronavirus stoppage on Friday.
A round-up of Wednesday's action in the UEFA Champions League.
A round-up of Saturday's action in La Liga and the Bundesliga.
'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'
A round-up of Tuesday's action in the UEFA Champions League.
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