6 Stocks To Gain From Good Monsoon

With good monsoon this year, a large part of corporate India is set to post handsome growth in the coming two quarters in sales and profitability ranging between 15 and 45%, as per Assocham reports.

"The firms benefiting directly from abundant rainfall relate to those in the irrigation infrastructure, farm equipment like tractors, seed development and the food processing", the ASSOCHAM comprehensive Paper 'Monsoon Showers Fortune on Farm Related Firms' noted.

With Monsoon being the lifeline of the Indian economy, it is no surprise that good rains would bring good fortune not only to the companies engaged in the farm related sectors but also the entire macro picture," ASSOCHAM President Mr. Sunil Kanoria said.

These stocks to gain from good monsoon:

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