Thanks for the comprehensive post on
Comparison between Astec vs BR. Very useful information indeed.
However, it would be great if we find out the Risk factors involved in both the business.
e.g. the other day when the news of Indo-china stand-off was flashed all the Agro-chemical stocks/ API stocks crashed by 5-8% when sensex fell only by 1.7%. Fortunately , the stocks later recovered when the news cooled off later, though we are not yet out of the woods.
Here the risk factors for all the agro- chem stocks are the import content of key starting raw material from China which is normally not disclosed/ quantified by promoters of the company in the AR or Investor meets.
I am also working to find out details for both the companies as follows:
(1) Current import content from China of starting key material.
(2) Whether the company has an alternate source from india or from some other countries lined up…
(3) Whether company has started backward integration and timelines to complete the backward integration.
(4) And now that the Govt has declared PLI scheme also for Agro chemical (in line with pharma API) , whether the company is eligible and it is taking advantage of the incentive scheme.
If you find my post improper, please do delete it.
Discl: I have tracking position in both the stocks.
It is not a buy or sell recommendation.please do your own assessment before buying any stock.