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10 Jun 2016
|
Monsanto
|
Motilal Oswal
|
2232.65
|
2900.00
|
2386.95
(-6.46%)
|
Target met |
Buy
|
|
|
Results above estimates led by strong growth in corn: Revenues grew 29% YoY to INR869m (estimate INR688m) due to robust ~39% growth in the corn business, while glyphosate (which forms ~20% of revenues) came in flat....
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|
15 Feb 2016
|
Monsanto
|
Motilal Oswal
|
2232.65
|
2350.00
|
1981.85
(12.65%)
|
Target met |
Buy
|
|
|
Results above estimates led by strong growth in corn: Revenue grew 14.8% YoY to INR1.5b (est. INR1.4b) due to strong growth in corn business where volumes grew in double digits (led by double digit acreages growth in rabi)...
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|
03 Nov 2015
|
Monsanto
|
Phillip Capital
|
2232.65
|
4000.00
|
2235.45
(-0.13%)
|
|
Buy
|
|
|
9 Glyphosphate volumes grew in midteens in H1FY16, prices have neared variable productioncostsandthereforesustainablylowpricesaredoubtful 9 TosubmitfieldresearchtrialdatafindingsonGMmaizetoregulatorsbyJan'16...
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|
05 Aug 2015
|
Monsanto
|
Phillip Capital
|
2232.65
|
4400.00
|
3261.90
(-31.55%)
|
|
Buy
|
|
|
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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