Insecticides India shares drop after revenue guidance cut
after close1 source ↓written by the desknot a recommendation
- 5%-6%
- 10%
- now see only
- 10% growth
- previously
- 20%
Shares of Insecticides (India) Ltd. fell over 2% on 2 Feb after management cut FY26 revenue growth guidance to 5%-6% from 10%. The managing director noted that premium products will now see only 10% growth, down from 20% previously. This revision raises concerns about future profitability and market sentiment.
Not investment advice. For informational purposes only.