News for Dhanuka Agritech Limited (DHANUKA.BO)

The companies that generate returns on capital higher than the stakeholders expectations are good bets.

Enhance crop yields through proper sowing techniques, soil management, irrigation, and high-quality inputs to maximize productivity.

Budget boosts agriculture, commodities sectors with focus on farmers' welfare, technological advancement, and sustainable growth, but lacks in some areas.

In Phase-1, 100 developing agri-districts will be covered.

Agriculture stocks soar after FM Sitharaman announces PM Dhan-Dhaanya Krishi Yojana, boosting shares of Kaveri Seed Company and more.

Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.

Share buyback tax: A sharp rise (in share buyback quantum), analysts said, can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1

Indian equity indices ended Monday with mixed results. Gain in energy and metals stocks balanced by profit booking in financials left the Nifty 50 index slightly up and Sensex nearly unchanged. Analysts forecasted range-bound movement, noting crucial support and resistance levels.

Money Grow Asset’s Small Midcap strategy emerged as the top gainer, followed by Wallfort PMS and Advisory Services’ Diversified Fund and Wallfort PMS and Advisory Services’ Ameya Fund

Hrishikesh Yedve of Asit C. Mehta Investment, said, "Nifty witnessed heavy selling pressure after forming a spinning top pattern and ended with a red candle. A strong break below 24,000 will likely trigger further selling pressure in the index. On the downside, 23,300 and 23,000 will provide significant support for Nifty in the immediate term."

Agrochemicals company Dhanuka Agritech on Friday reported a 48.45 per cent growth in profit after tax to Rs 48.90 crore during the June 2024 quarter.

Leading the Sensex pack, Titan and ITC saw significant gains, rising 6.6% and 5.5%, respectively. Adani Ports, NTPC, Infosys, and HCL Tech also closed higher. However, L&T, Bajaj Finance, SBI, Axis Bank, HDFC Bank, and Asian Paints faced declines. The market capitalisation of all listed companies on BSE declined by Rs 1.89 lakh crore to Rs 446.43 lakh crore.

India Budget 2024 impact: Shares of Kaveri Seeds and Mangalam Seeds zoomed up to 13 per cent after FM Nirmala Sitharaman proposed measures for the sector.

Domestic market opens lower with BSE Sensex and Nifty 50 in the red, all sectoral indices down.

The 30-share pack BSE Sensex rebounded over 400 points from day's low to end at 72,500.30, up 195.42 points or, 0.27 per cent

NMDC, Punjab National Bank, BHEL, Union Bank of India, NHPC are likely to be added to MSCI Standard index, as per the calculations done by Nuvama

The two companies will also explore setting up a Research & Development facility in the country, Dhanuka Agritech said in a statement.

BSE Sensex dropped 16.29 points, or 0.03 per cent, to end at 64,942.40. NSE's Nifty50 shed merely 5.05 points, or 0.03 per cent, to end the day at 19,406.70 for the day.

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