Have been looking in for some value-creating stocks for long-term investment. Came across this one and seems to have done well over the years in terms of steady growth and is backed-up by a strong family group (Murugappa). Just was curious to know the outlook / feedback / opinion of others in view of the following data :
- Promoter Group EID Parry sold certain shares and brought down their holding in the company. I am fine to discount it as apparently the sale was to meet the requirements of EID Parry as a standalone company. The shareholding percentage of Promoter Group overall is still high enough. But the news did bring down the price of stock to 820 range from 870-890 which it had attained before the fall.
Further, over the last few weeks, it has come down to 750-770 range where it seems to be consolidating. But has been bearish for the last month or two.
- For people with knowledge on Agrochemical industry, wanted to know how the various constituents of fertilisers, crop protection, insectides, pesticides, herbicides work along with environmental impacts, ecofriendly products, ban on certain products now or in future which is a risk to business and other such factors for making more informed decision.
Recently Heranba Industries IPO had a good response and this was followed by rally in several fertiliser stocks like RCF, NFL, GNFC, Chambal Fertilisers, Deepak Fertilisers but Coromandel has not moved much. Also, would like to know how stocks like PI Industries, Dhanuka Agritech, BASF India, Bayer Cropscience, etc fare wrt Coromandel International. Bayer and PI trade at a significantly higher PE of around 50 as against 20 of Coromandel International. So when few stocks rally and this one doesn’t move, at times I start reconsidering the decision and wondering whether I am missing out on something which others may be knowing 
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Also, for people from Telangana or having knowledge of the region, wanted to know the pedigree and reputation of the family group as the marketed info or data in public domain may not always be accurate.
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There was some dispute where one of the female heirs was not allowed board position in a holding company and so she planning on going in for a legal dispute but I don’t think that affects the business and operations of Coromandel International.
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The environmental impact, possibility of ban on certain chemicals/fertilisers which are significant part of product portfolio of the company, future of agrochems, export potential of the products of this company, competition from China and other countries entering this domain and other such concerns also could be deliberated upon and if someone can throw light on these issues and their opinion on the same, it would be really helpful.
Otherwise, in terms of financials, performance, balance sheet, other parameters, this company seems to be doing fine and looks interesting to me.
My first post in this community and looking forward to meaningful and value-adding and value-sharing interactions here with fellow members 