Strong underlying demand aided +20% growth in domestic business for many agrochemical companies (India business growth- BYRCS- 29%, DAGRI- 70%, PI- 49%, UPL- 27%). The aggregate industry topline growth for our coverage universe @ 13.6% YoY ex-off UPL (incl UPL @ 5.3% growth) was dragged by GOAGRO (-8%), SUMICHEM (+4%) and RALI (+6%). Healthy growth...