India's Sharda Cropchem rises after lifting FY26 rev, margin forecast

Sharda Cropchem

21/11/2025 05:17

** Shares of Sharda Cropchem SHCR.NS rise as much as 5% to 812 rupees
** Co's Chairman and MD Ramprakash V. Bubna said in an interview with CNBC-TV18 that co raises FY26 rev growth guidance to 20% from 15%, margin guidance raised to 18-20% from 15-18%
** Stock on track to snap 3 weeks of losses; up 0.1% so far this week
** More than 747,000 shares traded as of 10:38 a.m. IST, nearly 2x their 30-day moving avg of 394,636 shares
** Mean rating of stock is "buy"; their median PT is 1,240 rupees - data compiled by LSEG
** SHCR last up 1.2%, cutting YTD losses to 2.9%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))