Workers sprays weed killer on plants at a soya bean farm in Madhya Pradesh, India (Photographer: Prashanth Vishwanathan/Bloomberg) 

Alpha Ideas 20-20: Acepro Advisors’ Kunj Bansal Bets On Astec Lifesciences. Here’s Why

Astec Lifesciences Ltd. is likely to benefit from growth in demand for agrochemicals in domestic and global markets, according to Kunj Bansal, managing director and chief investment officer at Acepro Advisors.

The company has a competent management and is focusing on capacity expansion and backward integration to reduce the cost of production and dependence on China for raw materials, Bansal said at the Alpha Ideas 20-20 event in Mumbai.

He, however, said revival of China’s capacities and poor southwest monsoon are downsides for the company.

Watch Kunj Bansals entire presentation here:

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