AGRO Financial News

New Delhi: Mumbai-based pharmaceutical and life sciences company Hikal Limited has appointed two experts -- Berjis Minoo Desai and Ramachandra Kaundinya Vinnakota – as additional directors to its board, effective 1 October. The appointment is for a tenure of five years and is currently pending approval by the company’s shareholders.

Numaligarh Refinery Limited (NRL) plans to enter Myanmar once the situation in the country improves, the company is eyeing to export hydrocarbon products in Bangladesh and Nepal in bigger scale. In Myanmar, NRL plans to set up retail outlets. The regime change had delayed the plan of NRL.

After the success of the first edition of Krishi Mangal, a scale-up accelerator program launched in 2021, to propel agritech start-ups supporting smallholder farmers, global tech leader Cisco and Social Alpha, an innovation curation and venture development platform for science and technology start-ups, have finalized a new selection of start-ups for its second edition.

New Delhi: Premium grocery retail chain Namdhari’s Agro Fresh Pvt. Ltd is looking to raise between $20 million and $30 million as it looks to scale beyond South India. Meanwhile, increasing competition from quick-commerce firms and online grocery delivery platforms is also prompting retailers like Bengaluru-based Namdhari’s to boost investments in their brand and scale operations.

agricultural chemicals manufacturer, opened today, August 18. The Crop Life Science IPO is an SME IPO and its subscription period ends on August 22. Crop Life Science aims to raise ₹26.73 crore for the IPO consisting of fresh issue of 51.40 lakh equity shares aggregating.

RSI, a widely used momentum oscillator, provides a numerical gauge of the speed and magnitude of recent price movements in a stock. Ranging between 0 and 100, it helps investors identify overbought and oversold conditions in a stock's price. In simple terms, RSI offers a snapshot of a stock's current momentum and indicates whether it might be due for a reversal in price direction.

Companies that pay regular dividends are usually well-established and have a loyal customer base. Sometimes, they even come with strong fundamentals and low debt. Moreover, if the dividend payout keeps increasing, it means the profits are also increasing simultaneously.

Rama Phosphates(up 4.49%), G S F C(up 2.23%), Southern Petrochemicals Industries(up 2.21%), Chambal Fertilisers & Chemicals(up 1.92%), Fertilizers & Chemicals Tranvancore(up 1.60%), Madras Fertlizers(up 1.23%), Khaitan Chemicals & Fertilizers(up 1.03%), Rashtriya Chemicals & Fertilizers(up 0.88%), Aries Agro(up 0.80%) and National Fertilizer(up 0.68%) were among the top gainers. Nagarjuna Fertilizers & Chem(down 4.72%), ZUARIAGRO(down 1.44%), Coromandel International(down 0.45%) and Agro Phos(down 0.15%) were among the top losers.

MUMBAI — Buying unpopular stocks and selling the popular ones is one of the key strategies adopted by Counter Cyclical PMS, which has helped its smallcap fund give multibagger returns over a 3-year period. “We try to stay ahead of the curve, by spotting promising companies early, before they come into the limelight,” says Keshav Garg, director, Counter Cyclical PMS.

₹52 per equity share of face value of ₹10 each. The minimum lot size of this Crop Life Science IPO is 2000 shares. Crop Life Science IPO issue price is 5.2 times the face value of the equity share.

Parag Milk(up 6.84%), Dodla Dairy(up 5.74%), Hatsun Agro Product Ltd(up 5.60%), JHS Svendgaard Laboratories(up 5.00%), Umang Dairies(up 4.64%), Bajaj Consumer(up 3.09%), P & G Hygiene(up 2.93%), Gillette India(up 2.89%), Varun Beverages(up 2.56%) and Patanjali Foods(up 1.89%) stood among the top gainers. Hindustan Foods(down 2.81%), Nakoda Group(down 1.91%), Bikaji Foods International(down 1.61%), Adani Wilmar(down 1.52%), Marico(down 1.50%), Emami(down 1.49%), Sheetal Cool Products(down 1.07%), Tasty Bite Eatables(down 0.93%), Dangee Dums(down 0.77%) and Euro India Fresh Foods(down 0.51%) were among the top losers of the day.

Fertilizers & Chemicals Tranvancore(up 8.74%), ZUARIAGRO(up 5.51%), Mangalore Chemicals & Fertilizers(up 4.36%), Madras Fertlizers(up 2.73%), Khaitan Chemicals & Fertilizers(up 2.28%), Gujarat Narmada Valley Fertilizers (up 1.13%), Rashtriya Chemicals & Fertilizers(up 1.03%), Coromandel International(up 0.64%), Madhya Bharat Agro Products(up 0.64%) and Southern Petrochemicals Industries(up 0.63%) stood among the top gainers. Nagarjuna Fertilizers & Chem(down 4.93%), Rama Phosphates(down 3.51%), Sikko Industries(down 3.00%), KRISHANA(down 1.64%), Deepak Fertilizers & Petrochemicals(down 1.57%), G S F C(down 0.82%), Aries Agro(down 0.70%) and Paradeep Phosphates(down 0.08%) were among the top losers of the day.

Sikko Industries(up 3.82%), Rama Phosphates(up 2.25%) and Madhya Bharat Agro Products(up 0.32%) were among the top gainers. Fertilizers & Chemicals Tranvancore(down 5.33%), Rashtriya Chemicals & Fertilizers(down 4.74%), Nagarjuna Fertilizers & Chem(down 3.46%), Chambal Fertilisers & Chemicals(down 2.60%), Southern Petrochemicals Industries(down 2.18%), Mangalore Chemicals & Fertilizers(down 1.94%), Aries Agro(down 1.79%), Khaitan Chemicals & Fertilizers(down 1.70%), National Fertilizer(down 1.64%) and Madras Fertlizers(down 1.64%) were among the top losers.

₹10 to ₹2. EFC Ltd will also declare a stock split on August 18 from ₹10 to ₹2. CL Educate will declare buyback of shares on August 14 and Control Prints will declare the same on August 18.

Nagarjuna Fertilizers & Chem(up 10.00%), Sikko Industries(up 2.86%), G S F C(up 0.96%), Agro Phos(up 0.59%) and National Fertilizer(up 0.22%) stood among the top gainers. KRISHANA(down 4.97%), Khaitan Chemicals & Fertilizers(down 4.34%), Rama Phosphates(down 2.18%), Mangalore Chemicals & Fertilizers(down 2.09%), Fertilizers & Chemicals Tranvancore(down 2.03%), Madhya Bharat Agro Products(down 1.97%), Paradeep Phosphates(down 1.47%), Rashtriya Chemicals & Fertilizers(down 1.40%), Aries Agro(down 1.32%) and Madras Fertlizers(down 1.28%) were among the top losers of the day.

Madhya Bharat Agro Products(up 1.32%), Coromandel International(up 1.14%), Sikko Industries(up 0.90%), G S F C(up 0.60%), Agro Phos(up 0.59%), Deepak Fertilizers & Petrochemicals(up 0.58%), Madras Fertlizers(up 0.27%) and KRISHANA(up 0.21%) stood among the top gainers. ZUARIAGRO(down 6.74%), Nagarjuna Fertilizers & Chem(down 3.23%), Fertilizers & Chemicals Tranvancore(down 2.85%), Rama Phosphates(down 2.42%), Aries Agro(down 1.62%), Chambal Fertilisers & Chemicals(down 1.59%), Paradeep Phosphates(down 1.45%), Gujarat Narmada Valley Fertilizers (down 1.11%), Mangalore Chemicals & Fertilizers(down 0.58%) and Southern Petrochemicals Industries(down 0.54%) were among the top losers of the day.

Tasty Bite Eatables(up 20.00%), Zydus Wellness(up 4.52%), Emami(up 2.16%), Dodla Dairy(up 1.58%), Dangee Dums(up 1.54%), ADF Foods(up 1.40%), Bikaji Foods International(up 1.38%), Mrs Bectors Food Specialities(up 1.30%), Parag Milk(up 0.99%) and Jyothy Labs(up 0.97%) were among the top gainers. Nakoda Group(down 4.45%), Adani Wilmar(down 3.58%), JHS Svendgaard Laboratories(down 1.94%), Hatsun Agro Product Ltd(down 1.09%), Hindustan Unilever(down 0.80%), P & G Hygiene(down 0.70%), Bajaj Consumer(down 0.34%), Patanjali Foods(down 0.32%), Umang Dairies(down 0.23%) and Colgate Palmolive(India)(down 0.19%) were among the top losers.

Nagarjuna Fertilizers & Chem(up 9.60%), Gujarat Narmada Valley Fertilizers (up 1.85%), Rama Phosphates(up 1.52%), Coromandel International(up 0.63%), Khaitan Chemicals & Fertilizers(up 0.62%), ZUARIAGRO(up 0.61%), Mangalore Chemicals & Fertilizers(up 0.48%), Paradeep Phosphates(up 0.45%), National Fertilizer(up 0.45%) and Agro Phos(up 0.29%) were among the top gainers. G S F C(down 4.18%), Madras Fertlizers(down 3.64%), KRISHANA(down 1.87%), Rashtriya Chemicals & Fertilizers(down 1.38%), Chambal Fertilisers & Chemicals(down 0.75%), Fertilizers & Chemicals Tranvancore(down 0.43%), Sikko Industries(down 0.18%) and Madhya Bharat Agro Products(down 0.08%) were among the top losers.

Zee Entertainment Enterprises, Tata Power Company, Bata India, Indian Railway Catering and Tourism Corporation, Berger Paints India, Bharat Forge, Trent, and Natco Pharma. Abbott India, Bajaj Consumer Care, Kalyan Jewellers India, Max Financial Services, PI Industries, Schneider Electric Infrastructure, Sula Vineyards, Sunteck Realty, Zuari Agro Chemicals, among others, will also declare their earnings for April-June 2023 quarter on Wednesday, August 9.

Nagarjuna Fertilizers & Chem(up 10.00%), KRISHANA(up 2.05%), Coromandel International(up 0.94%), Aries Agro(up 0.53%), Fertilizers & Chemicals Tranvancore(up 0.48%), Chambal Fertilisers & Chemicals(up 0.47%), Paradeep Phosphates(up 0.46%), Deepak Fertilizers & Petrochemicals(up 0.18%) and Rashtriya Chemicals & Fertilizers(up 0.04%) stood among the top gainers. National Fertilizer(down 4.78%), Gujarat Narmada Valley Fertilizers (down 2.12%), Madhya Bharat Agro Products(down 1.83%), Rama Phosphates(down 1.70%), Mangalore Chemicals & Fertilizers(down 1.60%), Sikko Industries(down 1.39%), Agro Phos(down 1.31%), Madras Fertlizers(down 1.09%), G S F C(down 0.98%) and Khaitan Chemicals & Fertilizers(down 0.69%) were among the top losers of the day.

Here's a brief look at what the portfolios of these star investors are looking like post the first quarter.Rekha JhunjhunwalaAce investor Rekha Jhunjhunwala, who inherited the assets of the late Rakesh Jhunjhunwala, has raised stakes in three companies — Escorts, Titan and Tata Communications — during the June quarter. Rekha has also cut stakes in Metro Brands, Autoline Industries, Rallis India, Geojit Financial, Raghav Product Enhancers, and Agro Tech Foods in the same period, showed Trendlyne data.