AGRO Financial News

Inox Wind Energy Ltd.(up 10.00%), Inox Wind Ltd.(up 7.55%), Indo Tech Transformers Ltd.(up 5.00%), Adani Energy Solutions Ltd.(up 2.58%), GE T&D India Ltd.(up 2.28%), Karma Energy Ltd.(up 2.02%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Suzlon Energy Ltd.(up 1.55%), Adani Green Energy Ltd.(up 1.38%) and PTC India Ltd.(up 1.21%) were among the top gainers.

Bohra Industries Ltd.(up 4.98%), Coromandel International Ltd.(up 3.09%), Khaitan Chemicals & Fertilizers Ltd.(up 2.63%), Paradeep Phosphates Ltd.(up 2.38%), Mangalore Chemicals & Fertilizers Ltd.(up 1.83%), Chambal Fertilisers & Chemicals Ltd.(up 1.08%), Rama Phosphates Ltd.(up 1.07%), The Fertilisers and Chemicals Travancore Ltd.(up 1.02%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.00%) and Madras Fertilizers Ltd.(up 0.32%) were among the top gainers.

On the BSE, Danlaw Technologies(down 19.29 per cent), Pacific Ind(down 16.95 per cent), Coffee Day Ent(down 16.57 per cent), Anuh Pharma(down 12.09 per cent) and Ambika Cotton(down 10.62 per cent) were among the stocks that plunged over 5 per cent during the session.

Southern Petrochemicals Industries Corporation Ltd.(up 11.75%), Paradeep Phosphates Ltd.(up 4.93%), Coromandel International Ltd.(up 3.23%), The Fertilisers and Chemicals Travancore Ltd.(up 2.35%), Chambal Fertilisers & Chemicals Ltd.(up 1.83%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.73%), Zuari Agro Chemicals Ltd.(up 1.66%), Mangalore Chemicals & Fertilizers Ltd.(up 1.57%), Sikko Industries Ltd.(up 1.48%) and Gujarat State Fertilizer & Chemicals Ltd.(up 1.40%) stood among the top gainers.

KPI Green Energy Ltd.(up 5.00%), Torrent Power Ltd.(up 2.53%), Reliance Power Ltd.(up 2.34%), GE Power India Ltd.(up 2.28%), Suzlon Energy Ltd.(up 2.08%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Karma Energy Ltd.(up 1.98%), JSW Energy Ltd.(up 1.61%), Adani Energy Solutions Ltd.(up 1.60%) and NLC India Ltd.(up 1.56%) were among the top gainers.

KPI Green Energy Ltd.(up 5.00%), Neueon Towers Ltd.(up 4.96%), Indowind Energy Ltd.(up 4.93%), Suzlon Energy Ltd.(up 4.81%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), JSW Energy Ltd.(up 1.37%), Voltamp Transformers Ltd.(up 1.23%), Kalpataru Projects International Ltd.(up 0.90%), Hitachi Energy India Ltd.(up 0.55%) and KEC International Ltd.(up 0.38%) stood among the top gainers.

Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 6.31%), Chambal Fertilisers & Chemicals Ltd.(up 2.84%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 2.60%), Rashtriya Chemicals & Fertilizers Ltd.(up 2.59%), Gujarat State Fertilizer & Chemicals Ltd.(up 2.32%), The Fertilisers and Chemicals Travancore Ltd.(up 2.13%), Coromandel International Ltd.(up 2.07%), Zuari Agro Chemicals Ltd.(up 2.02%), Madras Fertilizers Ltd.(up 1.79%) and Aries Agro Ltd.(up 1.77%) were among the top gainers.

Nakoda Group Of Industries Ltd.(up 2.13%), Marico Ltd.(up 1.48%), Dabur India Ltd.(up 1.03%), Hindustan Unilever Ltd.(up 0.87%), Euro India Fresh Foods Ltd.(up 0.72%), Nestle India Ltd.(up 0.64%), Honasa Consumer Ltd.(up 0.36%), Godrej Consumer Products Ltd.(up 0.21%) and Colgate-Palmolive(India)Ltd.(up 0.09%) stood among the top gainers.

Domestic benchmark index NSE Nifty fell 430.21 points to 24287.5, while the BSE Sensex traded 1457.01 points down at 79524.94.

Khaitan Chemicals & Fertilizers Ltd.(up 11.18%), Sikko Industries Ltd.(up 4.11%), Rama Phosphates Ltd.(up 1.76%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 0.68%), Krishana Phoschem Ltd.(up 0.67%), Agro Phos India Ltd.(up 0.41%), Zuari Agro Chemicals Ltd.(up 0.21%) and Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.12%) stood among the top gainers.

Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Voltamp Transformers Ltd.(up 4.76%), India Power Corporation Ltd.(up 3.66%), Inox Wind Energy Ltd.(up 2.84%), NTPC Ltd.(up 2.43%), Tata Power Company Ltd.(up 2.40%), SJVN Ltd.(up 2.33%), Power Grid Corporation of India Ltd.(up 1.93%), RattanIndia Power Ltd.(up 1.58%) and Transformers & Rectifiers(India)Ltd.(up 1.55%) stood among the top gainers.

Aries Agro Ltd.(up 2.22%) and Sikko Industries Ltd.(up 1.04%) were among the top gainers.

Paradeep Phosphates Ltd.(up 2.40%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.94%), Southern Petrochemicals Industries Corporation Ltd.(up 1.74%), National Fertilizers Ltd.(up 1.36%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.07%), Chambal Fertilisers & Chemicals Ltd.(up 0.55%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.20%) and Rama Phosphates Ltd.(up 0.10%) stood among the top gainers.

India Power Corporation Ltd.(up 10.00%), NLC India Ltd.(up 6.69%), Karma Energy Ltd.(up 5.00%), KPI Green Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Indowind Energy Ltd.(up 4.99%), Reliance Power Ltd.(up 4.98%), Gujarat Industries Power Company Ltd.(up 4.15%), Energy Development Company Ltd.(up 2.94%) and Inox Wind Energy Ltd.(up 2.87%) stood among the top gainers.

On the BSE, Sheetal Cool(down 10.85 per cent), Reetech Intnl. Cargo (down 10.42 per cent), GE Power India (down 9.99 per cent), Ascensive Educare(down 9.98 per cent) and Suryo Foods Ind(down 9.98 per cent) stood among the top losers in today's trade.

HDFC Life, Jio Financial, HDFC AMC, Angel One, and SpiceJet, among 36 companies will declare their earnings. Apart from the above, other results to watch out for include that of Hatsun Agro, KBC Global, Kelton Tech, Modern Engineering, Monarch Networth Capital, Oasis Securities, Rajoo Engineers, Sheetal Cool Products, Tahmar Enterprises, Styrenix Performance, and others.

Stock Exchange (NSE) on Thursday said it will impose a cap of 90% on the issue price of SME IPOs during the pre-open session on listing day. The move is aimed to bring stability to the opening price discovery of these stocks. As of now, there is no cap for SME IPOs on the listing day.

Madras Fertilizers Ltd.(up 8.43%), National Fertilizers Ltd.(up 4.07%), Mangalore Chemicals & Fertilizers Ltd.(up 2.20%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.37%), Rama Phosphates Ltd.(up 1.06%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.05%), Madhya Bharat Agro Products Ltd.(up 0.66%), Zuari Agro Chemicals Ltd.(up 0.46%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.29%) and Aries Agro Ltd.(up 0.07%) stood among the top gainers.

Hatsun Agro Products Ltd.(up 5.48%), Euro India Fresh Foods Ltd.(up 2.50%), ADF Foods Ltd.(up 2.15%), JHS Svendgaard Laboratories Ltd.(up 1.98%), Hindustan Foods Ltd.(up 1.95%), Dodla Dairy Ltd.(up 1.82%), Nakoda Group Of Industries Ltd.(up 1.22%), Mrs. Bectors Food Specialities Ltd.(up 1.21%), Bikaji Foods International Ltd.(up 0.91%) and Parag Milk Foods Ltd.(up 0.79%) were among the top gainers.

ESAF Small Finance Bank on Monday absorbed about 5,200 employees from ESAF Swasraya Multi-State Agro Co-operative Society Ltd (ESMACO), a corporate business correspondent of the bank, as part of a strategic business restructuring. The bank will now directly manage the microloan portfolio that was previously managed by ESMACO through banking outlets. This move aims to mitigate concentration risks while allowing ESMACO, a promoter group entity of the bank, to continue managing business operations at the Customer Service Centers. The micro banking vertical, created with a 5,197-strong workforce, will primarily serve the needs of the rural population through micro-loans, agriculture loans, vehicle loans, and home loans, ESAF Small Finance Bank Managing Director K Paul Thomas said. The bank is also designing liability products to suit the needs of low and middle-income savers, he added.

Gopal's sweets will invest Rs 150 crore to set up a manufacturing unit in Mohali Industrial Economic Zone (MIEZ), being developed by the Royale Estate Group. Spread over 150 acres with a plan to expand it to 500 acres over the next three years, MIEZ's proximity to an International Airport, and other transport him gives advantage of connectivity to all the four states. «With the perishable nature of our products, mainly sweets and other dairy and bakery products, we were looking for the most central and strategic location from where we could serve all the four states within the desirable timelines,” said Sharanjit Singh managing director of Gopal's Sweets Pvt. Ltd. Punjab's green farm products, such as green peas, cabbage, onions and potatoes, which currently go to Rudrapur in Uttarakhand for processing & packaging, will now no longer have to go to Uttarakhand. The new plant at MIEZ will cater for all such operations for the farmers and food growers of Punjab.