Sharda Cropchem public issue and competitors

The public issue of Sharda Cropchem, which opens for subscription between September 4-9, could keep its listed competitors, such as UPL (formerly United Phosphorus), Rallis India, Excel Crop Care and PI Industries in focus. Marketmen are showing renewed focus on the Sharda Cropchem public issue following the response received by Snowmen Logistics in its IPO last week. A similar response will accelerate buying interest in the listed players. Already select stocks are showing resilience on the bourses.