By the first week of March 2020, it had dawned on investors that COVID-19 was going to be more than China-centric. By April 1, the Sensex had the biggest quarterly fall in its history and so did the Nifty. The worst hit sector were financials, followed by automobile, real estate and metal. The walls were caving in, but there was one little corner that was holding out and even thriving — agri-inputs.
Can agri-input companies continue to stay investor darlings?
Good rains and a pandemic pandemonium have made this sector appealing