Monsanto India Ltd.

NSE: MONSANTO | BSE: 524084 | ISIN: INE274B01011 | Industry: Agrochemicals
| Expensive Performer

Phillip Capital
Q1FY16 earnings disappoint: Monsanto India disappointed ourmuted profit expectations (10% miss onPAT).Asteepfallinglyphosateprices(25%yoy;glyphosatewas38%/25%ofrevenues/earningsin FY15)andashortmaizecropseasonledtotheoverall1%yoydropinrevenuestoRs2.63bn(inline)....
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