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Agrochemical Firm Bharat Rasayan Surges Nearly 20% In A Month

Bharat Rasayan rose 77 percent so far this year.

A farm worker sprays cotton plants with pesticides on the farm of Jarnail Singh in Jajjal village, Punjab, India (Photographer: Prashanth Vishwanathan/Bloomberg)  
A farm worker sprays cotton plants with pesticides on the farm of Jarnail Singh in Jajjal village, Punjab, India (Photographer: Prashanth Vishwanathan/Bloomberg)  

Agrochemical firm Bharat Rasayan Ltd., surged about 20 percent over the past month and is close to an all-time high. The stock rose 77 percent so far this year and 147 percent in the past 12 months.

The company’s revenue jumped to Rs 810 crore in the previous financial year from Rs 361 crore in the financial year ended March 2014. And more than 50 percent of its FY18 revenue came from its Asian market.

BloombergQuint spoke to president-strategic alliance and corporate sales, Abhishek Aggarwal, on the pace at which he sees the company growing over the next few years and the markets share of its various business verticals.

Watch the full interview here: