Buy Sharda Cropchem; target of Rs 1200: Anand Rathi

Anand Rathi's research report on Sharda CropchemSharda Cropchem continued its strong earnings momentum in Q2FY27 despite higher y/y base. Revenue grew by 13% y/y to Rs10.5bn, owing to 18.5% y/y growth in price and favourable forex movement, partially offset by 5.1% y/y decline in volume. Gross marg…