Latest news with #BestAgrolife
Business Standard
24-05-2025
- Business
- Business Standard
Best Agrolife reports consolidated net loss of Rs 21.89 crore in the March 2025 quarter
Sales rise 102.63% to Rs 274.34 crore Net Loss of Best Agrolife reported to Rs 21.89 crore in the quarter ended March 2025 as against net loss of Rs 72.49 crore during the previous quarter ended March 2024. Sales rose 102.63% to Rs 274.34 crore in the quarter ended March 2025 as against Rs 135.39 crore during the previous quarter ended March 2024. For the full year,net profit declined 34.23% to Rs 69.89 crore in the year ended March 2025 as against Rs 106.27 crore during the previous year ended March 2024. Sales declined 3.15% to Rs 1814.31 crore in the year ended March 2025 as against Rs 1873.32 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 274.34135.39 103 1814.311873.32 -3 OPM % 1.59-49.56 - 11.0412.04 - PBDT -12.50-81.59 85 139.16166.33 -16 PBT -24.02-92.33 74 96.29133.70 -28 NP -21.89-72.49 70 69.89106.27 -34
Economic Times
27-04-2025
- Business
- Economic Times
Smallcap rally fizzles out! Only 38 double-digit weekly gainers as India-Pakistan tensions escalate
The smallcap rally, which saw over 100 stocks delivering double-digit returns in the previous week, lost momentum sharply in the week gone by as only 38 stocks managed to clock double-digit gains. Analysts attribute this to profit booking set in after the recent sharp run-up. ADVERTISEMENT Rajratan Global Wire topped the smallcap gainers list with a 32% weekly gain, followed by Thyrocare Technologies (27.5%), Best Agrolife (27.4%), Peninsula Land (26.8%), and Carraro India (26.2%). Nearly 30 smallcaps, including Manorama Industries, Tanfac Industries, Mufin Green Finance, Butterfly Gandhimathi, and Welspun Specialty Solutions, delivered healthy weekly gains in the 10–20% range. In the midcap space, AU Small Finance Bank was the top performer, gaining 15%, followed by Tata Elxsi (14.5%), Coforge (12.1%) and Mphasis (11.6%). Among Sensex constituents, Tech Mahindra led the pack with an 11.9% gain, followed by HCL Technologies (9.8%) and Mahindra & Mahindra (6.8%). The sharp cooling in the number of double-digit gainers highlights that smallcap sentiment has turned cautious after last week's euphoria, with investors becoming more selective ahead of the earnings-heavy weeks ahead. ADVERTISEMENT Looking ahead, analysts expect stock-specific action to dominate with earnings season picking up pace. Foreign investors are likely to be on a wait-and-watch approach in the near term to overview the geopolitical tension. "However, India has historically shown resilience during such periods given the buoyant nature of its domestic economy. For long-term investors, it is fair to take this as an opportunity to accumulate quality stocks/sectors during further dips for long-term gains," said Vinod Nair, Head of Research, Geojit Financial Services. ADVERTISEMENT On the technical front, analysts say caution remains the need of the hour."Nifty has slipped after a consolidation on the daily chart, indicating a rise in bearish sentiment. Additionally, the index has fallen below its 200-DMA, signaling a potential re-entry into a bearish trend. Support is placed at 23800/23515 levels," said Rupak De, Senior Technical Analyst at LKP Securities. ADVERTISEMENT With data inputs from Ritesh Presswala (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times.) (You can now subscribe to our ETMarkets WhatsApp channel)
