AGRO Financial News

share allotment of Shree Tirupati Balajee Agro Trading IPO is likely to be finalised today. Investors will get shares on a lottery basis and the registrar supervised the whole process. On the allotment date, investors get to know the number of shares allotted to them against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.

exports could increase to over Rs 80,000 crore in the next four years provided the industry is facilitated with conducive environment, according to a report by AFCI and EY. A report by Industry body Agro Chem Federation of India (ACFI) and EY titled 'Indian Agrochemical Industry: The Story, the challenges and the aspirations' noted that the exports of agrochemicals stood at Rs 43,223 crore in the 2022-23 fiscal. «India's Agrochemical exports outweigh the domestic consumption of the same. The Indian exports by agrochemical industry have witnessed commendable growth in recent times,» said the report which was released at the 7th AGM of ACFI held recently. ACFI said that the government must focus on facilitating a conducive environment which includes streamlining licencing norms and improving infrastructure for storage and sale, incentivise biopesticide production, streamline registration process for new molecules, enter trade agreements with countries with more relaxed MRL norms, introduce PLI-like scheme to attract investment from global players.

The strongest demand was driven by retail investors, who subscribed 4.5 times followed by qualified institutional buyers (QIBs), with 3.5 times subscriptions. Meanwhile, the non-institutional investors (NIIS) had bid for 46.13 lakh shares out of 30.66 lakh reserved for them, booking the issue 1.5 times.

Khaitan Chemicals & Fertilizers Ltd.(up 2.84%), Paradeep Phosphates Ltd.(up 2.82%), Southern Petrochemicals Industries Corporation Ltd.(up 1.94%), Agro Phos India Ltd.(up 1.20%), Nagarjuna Fertilizers and Chemicals Ltd.(up 0.88%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.79%), The Fertilisers and Chemicals Travancore Ltd.(up 0.54%), Mangalore Chemicals & Fertilizers Ltd.(up 0.49%), National Fertilizers Ltd.(up 0.48%) and Madras Fertilizers Ltd.(up 0.44%) were among the top gainers.

ADF Foods Ltd.(up 5.67%), Dabur India Ltd.(up 1.86%), Hindustan Unilever Ltd.(up 1.69%), Varun Beverages Ltd.(up 1.52%), Zydus Wellness Ltd.(up 1.40%), Heritage Foods Ltd.(up 1.39%), Sheetal Cool Products Ltd.(up 1.16%), Godrej Consumer Products Ltd.(up 1.00%), Colgate-Palmolive(India)Ltd.(up 1.00%) and Adani Wilmar Ltd.(up 0.90%) stood among the top gainers.

Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 4.89%), Krishana Phoschem Ltd.(up 3.72%), The Fertilisers and Chemicals Travancore Ltd.(up 2.06%), Southern Petrochemicals Industries Corporation Ltd.(up 1.56%), Chambal Fertilisers & Chemicals Ltd.(up 0.73%), Nagarjuna Fertilizers and Chemicals Ltd.(up 0.49%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.46%), Rama Phosphates Ltd.(up 0.35%), Paradeep Phosphates Ltd.(up 0.35%) and Rashtriya Chemicals & Fertilizers Ltd.(up 0.15%) were among the top gainers.

Sikko Industries Ltd.(up 5.00%), Rama Phosphates Ltd.(up 2.87%), Agro Phos India Ltd.(up 2.47%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.77%), Coromandel International Ltd.(up 0.63%), Aries Agro Ltd.(up 0.43%), Nagarjuna Fertilizers and Chemicals Ltd.(up 0.40%), Krishana Phoschem Ltd.(up 0.37%), Madhya Bharat Agro Products Ltd.(up 0.26%) and Rashtriya Chemicals & Fertilizers Ltd.(up 0.21%) were among the top gainers.

Hero MotoCorp Ltd.(up 0.97 per cent), Bharat Forge Ltd.(up 0.46 per cent), Eicher Motors Ltd.(up 0.17 per cent), Mahindra & Mahindra Ltd.(up 0.04 per cent) and Maruti Suzuki India Ltd.(up 0.03 per cent) were among the top gainers.

IPO) of Shree Tirupati Balajee Agro Trading will open for subscription on September 5. The company has fixed a price band of Rs 78-83 for the public offer, which will close on September 9. The IPO includes a Fresh Issue of up to 1.47 crore shares and an offer for sale (OFS) of up to 56.9 lakh shares by Binod Kumar Agarwal.

Sikko Industries Ltd.(up 5.00%), Bohra Industries Ltd.(up 4.98%), Gujarat State Fertilizer & Chemicals Ltd.(up 3.47%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 2.95%), Chambal Fertilisers & Chemicals Ltd.(up 2.81%), Southern Petrochemicals Industries Corporation Ltd.(up 2.76%), Khaitan Chemicals & Fertilizers Ltd.(up 2.01%), Paradeep Phosphates Ltd.(up 1.57%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 1.27%) and The Fertilisers and Chemicals Travancore Ltd.(up 1.25%) were among the top gainers.

Shares of Au Small Finance Bank Ltd.(up 1.24 per cent), Punjab National Bank(up 0.68 per cent), State Bank of India(up 0.64 per cent), Axis Bank Ltd.(up 0.39 per cent) and Federal Bank Ltd.(up 0.19 per cent) ended the day as top gainers in the pack.

Sebi) on Wednesday cautioned investors to be careful while investing in stocks of small and medium enterprises (SMEs) even as their initial public offerings continue to see huge oversubscriptions. «It has come to the notice of Sebi that, post-listing, some of the SME companies and their promoters have been resorting to certain means that project an unrealistic picture of their operations,» Sebi said in a release.

Gujarat Ambuja Exports with a target price of Rs 174. The current market price of Gujarat Ambuja Exports Ltd. is Rs 149.1. Gujarat Ambuja Exports Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 6824.56 Crore) operating in Agro Processing sector.

Ultratech, Paytm, HCL Tech, Gland Pharma, GPT Infra will be in focus due to various news developments. Sameera Agro And Infra Sameera Agro And Infra's board of directors on Monday approved the issue of bonus shares to the equity shareholders of the company in the ratio of 4:1.

Aries Agro Ltd.(up 15.46%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 9.62%), Khaitan Chemicals & Fertilizers Ltd.(up 5.11%), Chambal Fertilisers & Chemicals Ltd.(up 3.65%), Paradeep Phosphates Ltd.(up 2.34%), Madhya Bharat Agro Products Ltd.(up 1.98%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.61%), The Fertilisers and Chemicals Travancore Ltd.(up 1.52%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 1.45%) and Zuari Agro Chemicals Ltd.(up 1.12%) stood among the top gainers.

Tasty Bite Eatables Ltd.(up 10.58%), Adani Wilmar Ltd.(up 10.00%), Patanjali Foods Ltd.(up 4.37%), LT Foods Ltd.(up 3.87%), Varun Beverages Ltd.(up 3.66%), Gillette India Ltd.(up 2.86%), Dabur India Ltd.(up 1.81%), JHS Svendgaard Laboratories Ltd.(up 1.64%), Prataap Snacks Ltd.(up 1.64%) and Umang Dairies Ltd.(up 1.60%) stood among the top gainers.

Mangalore Chemicals & Fertilizers Ltd.(up 3.15%), Sikko Industries Ltd.(up 1.87%), Chambal Fertilisers & Chemicals Ltd.(up 1.70%), Madhya Bharat Agro Products Ltd.(up 1.58%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 1.31%), The Fertilisers and Chemicals Travancore Ltd.(up 1.30%), Southern Petrochemicals Industries Corporation Ltd.(up 1.30%), Zuari Agro Chemicals Ltd.(up 1.14%), Agro Phos India Ltd.(up 0.78%) and Gujarat State Fertilizer & Chemicals Ltd.(up 0.57%) stood among the top gainers.

Madras Fertilizers Ltd.(up 6.05%), Southern Petrochemicals Industries Corporation Ltd.(up 3.88%), Sikko Industries Ltd.(up 3.84%), Khaitan Chemicals & Fertilizers Ltd.(up 3.77%), Agro Phos India Ltd.(up 3.44%), Nagarjuna Fertilizers and Chemicals Ltd.(up 3.10%), Rashtriya Chemicals & Fertilizers Ltd.(up 2.44%), Chambal Fertilisers & Chemicals Ltd.(up 1.69%), Krishana Phoschem Ltd.(up 1.47%) and Madhya Bharat Agro Products Ltd.(up 1.16%) were among the top gainers.

On the BSE, Starline Precious(down 20.00 per cent), T & I Global(down 19.75 per cent), DHP India(down 19.38 per cent), Captain Polyplast(down 15.82 per cent) and Innovative Tech(down 15.70 per cent) stood among the top losers in today's trade.

Nakoda Group Of Industries Ltd.(up 4.33%), Hatsun Agro Products Ltd.(up 3.37%), Honasa Consumer Ltd.(up 2.97%), Marico Ltd.(up 2.47%), Varun Beverages Ltd.(up 1.11%), Emami Ltd.(up 1.10%), Nakoda Group Of Industries Ltd.(up 1.09%), Patanjali Foods Ltd.(up 0.85%), Tata Consumer Products Ltd.(up 0.69%) and Nestle India Ltd.(up 0.47%) stood among the top gainers.

Khaitan Chemicals & Fertilizers Ltd.(up 9.75%), Aries Agro Ltd.(up 0.20%) and Madhya Bharat Agro Products Ltd.(up 0.08%) stood among the top gainers.