News for Godrej Agrovet Limited (GODREJAGRO.NS)

Godrej Agrovet to acquire remaining stake in Creamline Dairy Products, strengthening position in dairy market.

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.

India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led government aims to bolster consumption spen…

Assam's Health Minister Ashok Singhal revealed that industries investing over Rs 100 crore and creating 200+ jobs will receive customized policies. The state is hosting the Advantage Assam 2.0 Investment Summit on Feb 25-26, 2025, attracting investors with its infrastructure projects, green energy initiatives, and incentives. Prominent companies have shown keen interest in exploring diverse investment opportunities.

Indian housing market shows slowdown immunity, Godrej chairperson says

Godrej Agrovet Limited (GAVL) and Provivi have partnered to bring sustainable pest control solutions to Indian rice and corn farmers. GAVL will distribute Provivi's pheromone-based Eco-Dispensers, designed to combat Yellow Stem Borer in rice and Fall Armyworm in corn. This collaboration aims to provide environmentally friendly pest management tools, enhancing productivity while minimizing environmental impact.

The Nifty index has formed a Doji candle near its 200-day exponential moving average (DEMA) support at 23,540, indicating uncertainty. Immediate support is at 23,500-23,540, with a break below 23,500 potentially targeting 23,300-23,200. While the short-term trend is down, a pullback rally remains possible if Nifty holds above 23,500, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

EBITDA Margins: Improved by 70 bps overall and by 130 bps excluding Astec LifeSciences compared to Q2 FY24.Animal Feed Segment Margins: Increased from 4.6% in

V-Sciences Investments, an arm of Temasek Holdings, on Friday divested a 1.4 per cent stake in Godrej Agrovet for more than Rs 212 crore through an open market transaction.

May 09, 2024 / 10:00AM GMTOperator Ladies and gentlemen, good day, and welcome to the Godrej Agrovet Limited 4Q FY24 earnings conference call hosted by Kotak Se

Sensex, Nifty updates on August 2, 2024. - The benchmark BSE Sensex fell 885.6 points, or 1.08%, to 80,981.95, while the NSE index dropped 284 points, or 1.14%, to 24,726.9, driven down by declines in IT and auto stocks. This downturn followed weaker-than-expected US data, triggering a global sell-off. Top gainers on the NSE included Divi’s Lab, HDFC Bank, Dr Reddy’s Lab, Sun Pharma, and Britannia, while major losers were Eicher Motors, Tata Motors, Maruti, JSW Steel, and Hindalco. Srikanth Chauhan of Kotak Securities reported that Friday’s correction wiped out weekly gains, though BSE Midcap and Smallcap indices performed better. He noted healthy domestic indicators like a 58.1 Manufacturing PMI and 10% GST growth amid global market reactions to central bank meetings and FPI outflows. Vinod Nair from Geojit highlighted a broad sell-off due to high valuations and weak Q1FY25 earnings despite potential US Fed rate cuts.

The families of Jamshyd Naoroji Godrej and Smita Godrej Crishna bought a 1.11% stake in Godrej Consumer Products for Rs 1,645 crore.

RBI approves Mirae Asset Mutual Fund to acquire Utkarsh Small Finance Bank shares; Aditya Birla Fashion raises stake in GFPL.

Buzzing Stocks Today, Stocks that will see action today: June 20, 2024. PNB Housing, Tata Motors, ABFRL, Indian Oil, Som Distilleries, ACE, Brigade Enterprises, PNC Infratech, Godrej Group companies, Sun Pharma, TTK Prestige, Eimco Elecon, GMR Power, Gensol Engineering, KEI Industries, Blue Dart, MAS Financial, Aayush Wellness

Sensex, Nifty updates on June 20, 2024: Benchmark equity indices Sensex and Nifty soared to new lifetime highs on Thursday, fuelled by robust buying in market heavyweights Reliance, ICICI Bank and HDFC Bank amid a recent surge in foreign capital inflows. Rallying for the sixth straight session, the 30-share BSE Sensex climbed 141.34 points or 0.18 per cent to settle at a new closing peak of 77,478.93. During the day, it surged 305.5 points or 0.39 per cent to 77,643.09. The NSE Nifty rose 51 points or 0.22 per cent to settle at its fresh closing high of 23,567. Intra-day, it soared 108 points or 0.45 per cent to 23,624.

Competition Commission of India (CCI) has approved the proposed combination involving realignment of interests, legal ownership, and management of various entities within the Godrej group.

On May 1, the group declared that  Adi Godrej and Nadir Godrej will get control of all the listed entities in the group, while Jamshyd Godrej and Smita Crishna will take over the unlisted entities comprising Godrej Boyce & its affiliates

Godrej Agrovet Ltd (GAVL) reports 187% profit growth in Q4 FY24, driven by strong sales in animal feed and crop protection.