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Sharda Cropchem — Growth Momentum To Sustain Says Anand Rathi; Maintaining A 'Buy'

The recent correction in the stock price provides an attractive entry point for investors says Anand Rathi maintaining a Buy rating, with an unchanged target price of Rs 730,

<div class="paragraphs"><p>The brokerage believes risk-reward is favorable for Sharda Cropchem stock.</p><p>(Photo for representative purposes only/ Source: iStock)</p></div>
The brokerage believes risk-reward is favorable for Sharda Cropchem stock.

(Photo for representative purposes only/ Source: iStock)

Sharda Cropchem's management expects the growth momentum to sustain, supported by the extensive registration pipeline, capex of Rs 4 billion-4.5 billion driving revenue growth and margins being aided by the company’s focus on operational efficiency.
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