AGRO Financial News

Prataap Snacks(up 10.01%), Dodla Dairy(up 5.65%), JHS Svendgaard Laboratories(up 3.40%), Mrs Bectors Food Specialities(up 1.98%), Marico(up 1.43%), Bikaji Foods International(up 1.29%), Heritage Foods(up 0.69%), Colgate Palmolive(India)(up 0.60%), Jyothy Labs(up 0.45%) and Dangee Dums(up 0.38%) were among the top gainers. Bajaj Consumer(down 2.18%), Dabur India(down 1.33%), Adani Wilmar(down 1.02%), Sheetal Cool Products(down 0.98%), Patanjali Foods(down 0.82%), Hindustan Unilever(down 0.69%), Nestle India(down 0.57%), Hatsun Agro Product Ltd(down 0.33%), Tasty Bite Eatables(down 0.33%) and TATA CONSUMER PRODUCTS(down 0.24%) were among the top losers.

Ashoka Buildcon 106.84 98.09 103.56 4.76 4.82 Asian 15.46 15.46 15.46 0.73 4.96 ATV Projects 13.29 13.29 13.29 0.63 4.98 Axtel Ind 359 330 346.5 17.6 5.35 Banco Products 359.75 335.45 343 -11.65 -3.28 Bansal Roofing 118.7 102 108.9 -2.52 -2.26 Basant Agro Tec 28.6 26.4 27.5 1.32 5.04 BCC Fuba 41.65 41.63 41.65 1.98 4.99 BEML 2126.6 1947.55 2053.7 79.65 4.03 Berger Paints 716.75 696.55 711.75 9.05 1.29 Bikaji Foods 508.75 465.95 473.55 -10.55 -2.18 Birla Cable 198.45 184.25 188.6 -1.6 -0.84 Blue Chip 0.6 0.6 0.6 0.01 1.69 Bright Outdoor 500 459.65 476.95 -5.05 -1.05 C. E.

Mangalore Chemicals & Fertilizers(up 1.35%), Madhya Bharat Agro Products(up 0.62%) and Sikko Industries(up 0.09%) stood among the top gainers. Gujarat Narmada Valley Fertilizers(down 3.63%), Rashtriya Chemicals & Fertilizers(down 3.60%), Fertilizers & Chemicals Tranvancore(down 3.36%), Paradeep Phosphates(down 3.33%), Nagarjuna Fertilizers & Chem(down 2.79%), Chambal Fertilisers & Chemicals(down 2.09%), Aries Agro(down 1.97%), KRISHANA(down 1.88%), Rama Phosphates(down 1.78%) and G S F C(down 1.67%) were among the top losers of the day.

Nestle India(up 1.28%), Varun Beverages(up 0.92%), Marico(up 0.91%), P & G Hygiene(up 0.81%), Hindustan Unilever(up 0.70%) and Bajaj Consumer(up 0.16%) stood among the top gainers. Emami(down 3.68%), Adani Wilmar(down 3.05%), Mrs Bectors Food Specialities(down 2.90%), Dodla Dairy(down 2.70%), Bikaji Foods International(down 2.44%), Hatsun Agro Product Ltd(down 2.31%), Umang Dairies(down 2.30%), Tasty Bite Eatables(down 2.16%), ADF Foods(down 1.92%) and Heritage Foods(down 1.90%) were among the top losers of the day.

Benchmark NSE Nifty closed 207.0 points down at 19526.55 amid selling in frontline bluechip counters. However, stocks such as SMVD Poly Pack, KKV Agro Powers Ltd., Richa Info Systems L, Jalan Transolutions and Campus Activewear, touched their fresh 52-week lows.

₹87,295 crore to banks and financial institutions, according to the Union Finance Ministry. Fugitive Mehul Choksi's Gitanjali Gems is the biggest wilful defaulter owing ₹8,738 crore to banks, followed by Era Infra Engineering Limited owing ₹5,750 crore, REI Agro Limited ₹5,148 crore, ABG Shipyard Limited ₹4,774 crore, and Concast Steel and Power Limited ₹3,911 crore. Other wilful defaults are Rotomac Global Private Limited ₹2,894 crore, Winsome Diamonds and Jewellery Limited ₹2,846 crore, Frost International Limited ₹2,518 crore, Shri Lakshmi Cotsyn Limited ₹2,180 crore, and Zoom Developers Private Limited ₹2,066 crore.

cold beverages including soft drinks, squashes, powdered mixes and packaged juices have witnessed a growth of 47% in May as against 38% in 2019, a survey showed. In-home penetration refers to the number of households in the survey that consumed the product. Average household consumption of soft drinks too has gone up to just over 7 litres annually from 6.5 litres in 2019, reports TOI. This 47% in-home penetration, according to marketing data and analytics company Kantar, which shared the household panel data exclusively with TOI, is significantly better than any 12-month period before the pandemic. «Whatever struggle the sector faced in the summers of 2020 and 2021 was wiped out by strong performance in 2022 and a reasonably good 2023. There have been important strides that the category made from a purchase standpoint, with increasing trips and quantity signifying a deepening habit,» said K Ramakrishnan, MD, south Asia, Worldpanel division at Kantar. Moreover, families are shopping more frequently for soft drinks. Households are buying bottled soft drinks 6.5 times (average) annually as against 5.5 times in 2019, showing that the habit is now well entrenched.

Gitanjali Gems Limited, Era Infra Engineering Limited, REI Agro Limited, and ABG Shipyard Limited owe Rs 87,295 crore to banks and financial institutions. Of this, top 10 wilful defaulters owe Rs 40,825 crore to schedule commercial banks (SCBs), Minister of State for Finance Bhagwat Karad said in a written reply in Rajya Sabha.

NEW DELHI : Cargos and containers full of rice are lying at Indian ports, unshipped after the government announced export restrictions with immediate effect last month. Though most cargos had obtained customs clearance before the directorate general of foreign trade put out the notification banning white rice exports on the evening of 20 July, as much as 200,000 tonnes of the grain are still lying at ports, including 5,000 tonnes at Syama Prasad Mookerjee Port in Kolkata.

Pakistan and China on Monday signed six key documents to help undertake the second phase of the USD 60 billion China-Pakistan Economic Corridor (CPEC) projects under a new model, further cementing the all-weather strategic relations between the «iron brothers.» Prime Minister Shehbaz Sharif and Chinese Vice Premier He Lifeng witnessed the signing ceremony held here to mark 10 years of the CPEC, a collection of infrastructure and other projects under construction throughout Pakistan since 2013. The CPEC, which connects Gwadar Port in Pakistan's Balochistan with China's Xinjiang province, is opposed by India as it is being laid through Pakistan-occupied Kashmir.

The domestic stock market finished lower on Friday (July 28) due to selling in auto sector, financial services, and information technology sector companies. At the closing, the Nifty 50 was down 13.85 points at 19,646.05, and the Sensex was down 106.62 points at 66,160.2.

Shares of Mahindra & Mahindra(up 1.41 per cent), Hero MotoCorp(up 1.13 per cent), Bajaj Auto(up 0.86 per cent), Eicher Motors(up 0.82 per cent) and Bharat Forge(up 0.57 per cent) ended the day as top gainers in the pack. On the other hand, Sona BLW Precision Forgings(down 4.47 per cent), Samvardhana Motherson International(down 2.84 per cent), Ashok Leyland(down 1.43 per cent), Tata Motors(down 1.3 per cent) and Maruti Suzuki(down 0.85 per cent) finished as the top losers of the day.

Shares of L&T Technology(up 1.96 per cent) ended the day as top gainers in the pack. On the other hand, MPhasis(down 1.34 per cent), HCL Technologies(down 1.24 per cent), Tata Consultancy(down 1.22 per cent), Infosys(down 0.93 per cent) and Tech Mahindra(down 0.8 per cent) finished as the top losers of the day.

Parag Milk(up 10.61%), Dodla Dairy(up 6.18%), Umang Dairies(up 4.20%), Tasty Bite Eatables(up 3.94%), Marico(up 3.66%), Colgate Palmolive(India)(up 2.37%), Prataap Snacks(up 2.34%), Vadilal Industries(up 1.59%), Dabur India(up 1.38%) and Hatsun Agro Product Ltd(up 1.32%) stood among the top gainers. Heritage Foods(down 3.08%), Nakoda Group(down 2.33%), Zydus Wellness(down 1.34%), Euro India Fresh Foods(down 0.43%), Hindustan Foods(down 0.21%), Sheetal Cool Products(down 0.21%) and Adani Wilmar(down 0.20%) were among the top losers of the day.

Bohra Industries(up 4.45%), Fertilizers & Chemicals Tranvancore(up 2.48%), Nagarjuna Fertilizers & Chem(up 2.25%), Coromandel International(up 1.18%), Madras Fertlizers(up 1.10%), Rama Phosphates(up 0.68%), National Fertilizer(up 0.42%), KRISHANA(up 0.25%), Paradeep Phosphates(up 0.08%) and Khaitan Chemicals & Fertilizers(up 0.08%) stood among the top gainers. Sikko Industries(down 2.69%), Gujarat Narmada Valley Fertilizers (down 2.38%), Deepak Fertilizers & Petrochemicals(down 2.16%), G S F C(down 1.15%), Chambal Fertilisers & Chemicals(down 1.00%), Mangalore Chemicals & Fertilizers(down 0.96%), ZUARIAGRO(down 0.78%), Madhya Bharat Agro Products(down 0.24%), Aries Agro(down 0.21%) and Rashtriya Chemicals & Fertilizers(down 0.17%) were among the top losers of the day.

Coromandel International(up 2.65%), Fertilizers & Chemicals Tranvancore(up 2.54%), Madras Fertlizers(up 1.34%), Rashtriya Chemicals & Fertilizers(up 1.00%), Rama Phosphates(up 0.74%), ZUARIAGRO(up 0.62%), Nagarjuna Fertilizers & Chem(up 0.56%), Khaitan Chemicals & Fertilizers(up 0.48%), Paradeep Phosphates(up 0.47%) and KRISHANA(up 0.45%) were among the top gainers. Deepak Fertilizers & Petrochemicals(down 2.12%), Bohra Industries(down 1.66%), Mangalore Chemicals & Fertilizers(down 0.72%), Sikko Industries(down 0.69%), Chambal Fertilisers & Chemicals(down 0.34%), Madhya Bharat Agro Products(down 0.33%), G S F C(down 0.15%) and Gujarat Narmada Valley Fertilizers (down 0.08%) were among the top losers.

ASM Technologies Ltd, Automotive Axles Ltd, Bhagiradha Chemicals & Industries Ltd, Deepak Nitrite Ltd, Prataap Snacks Ltd, Dollar Industries Ltd, Hatsun Agro Product Ltd, Hero MotoCorp Ltd, Indag Rubber Ltd, JK Tyre & Industries Ltd, Pidilite Industries Ltd, Pradeep Metals Ltd, Punjab Chemicals and Crop Protection Ltd, Rajratan Global Wire Ltd, Ratnamani Metals & Tubes Ltd, Shree Ajit Pulp And Paper Ltd, and Ultratech Cement Ltd among others will be under investors’ radar on Thursday as they will trade ex-dividend today. Today, 18 stocks will trade ex-dividend. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

Benchmark NSE Nifty closed 97.7 points up at 19778.3 amid buying in frontline bluechip counters. However, stocks such as Orient Bell, Sadhana Nitro, Synoptics Technologi, KKV Agro Powers Ltd.

Paradeep Phosphates(up 3.72%), Deepak Fertilizers & Petrochemicals(up 1.51%), Sikko Industries(up 1.05%), Coromandel International(up 1.00%), Gujarat Narmada Valley Fertilizers (up 0.94%), ZUARIAGRO(up 0.91%), Chambal Fertilisers & Chemicals(up 0.89%), Aries Agro(up 0.79%), Khaitan Chemicals & Fertilizers(up 0.63%) and Mangalore Chemicals & Fertilizers(up 0.58%) were among the top gainers. Fertilizers & Chemicals Tranvancore(down 2.08%), Nagarjuna Fertilizers & Chem(down 1.10%), Madhya Bharat Agro Products(down 0.62%), KRISHANA(down 0.51%) and Agro Phos(down 0.15%) were among the top losers.

milk products in the country. The milk procurement has increased in June 2023 by 5.6 per cent compared to last year," Fisheries, Animal Husbandry and Dairying Minister Parshottam Rupala said in a written reply to the Lok Sabha. The department periodically reviews the milk situation in the country, he said. «Based on the inputs received from major dairy cooperatives, the stock of Skimmed milk powder has increased from 1,16,002 tonnes to 1,30,000 tonnes during May 2023 to June 2023,» Rupala said. The Department of Animal Husbandry & Dairying does not regulate the procurement and sale prices of milk in the country, the minister added. «Prices are decided by the cooperative and private dairies based on their cost of production and market forces. Wholesale Price Index of fodder is in decreasing trend and it was 248 in January 2023, 237.4 in April 2023 and has moderated to 222.70 in June 2023. With the ensuing monsoon season, green fodder availability has improved,» Rupala said.

Relative Strength Index (RSI), which measures the magnitude and speed of price changes. On July 24, Tuesday, StockEdge reported that 20 stocks were trading in an overbought zone but had a bearish or declining RSI trend. Today, ETMarkets has selected 10 of these stocks to shed light on this intriguing contradiction.