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Indian agchem cos to have 14% quarterly growth

Indian agrochemical companies are expected to record a combined revenue increase of 14% in the quarter ended June 30th, reports Indian website moneycontrol.com quoting the investment analyst firm, Dolat Capital. The growth would primarily be driven by volumes. That would be aided by companies increasing prices by 5-10% to pass on the impact of higher input costs as a result of depreciation of the rupee, the report says.

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