Announced Mon, 3 Aug · 14:17 IST
Dhanuka Agritech to set up Rs 200 Crore pesticide plant in Nagpur
DHANUKA · price
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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹1018.00
prior close
₹983.10
base price
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AI summary
Dhanuka Agritech board approved Rs 200 Crore investment for a new pesticide plant at Nagpur, Maharashtra with 23,000 MT per annum capacity, expected operational by March/April 2028. Funded via internal accruals and/or debt. Q1 FY27 revenue Rs 461.93 Crore, PAT Rs 36.30 Crore. Also approved Rs 15 Crore loan for employee stock trust.
Likely market impact
Capacity expansion supports future growth; Rs 200 Crore is about 12% of net worth. Q1 results down from last year but long-term positioning improves.