Latest news with #JubilantIngrevia
Mint
11 hours ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 June 2025
Breakout stocks buy or sell: Indian benchmark indices experienced significant volatility during trading on Monday, June 2. Despite a weak start, buying activity by bulls helped stocks rebound from early losses, allowing the markets to end the day with only slight declines. The Nifty 50 pared losses to close down by just 0.14% at 24,716, recovering 189 points from its intraday low. Similarly, the Sensex trimmed its early losses and ended the session marginally lower by 77 points, or 0.09%, at 81,373. Sumeet Bagadia, Executive Director at Choice Broking, believes that despite strong selling during early morning deals on Monday, the key Indian benchmark indices pares the kisses and ended flat, keeping the overall Indian stock market sentiment positive. Speaking on the outlook of Indian stock market, Bagadia said, ' The Nifty 50 index is trading above 24,500 and facing resistance at 25,000. On breaking above 25,000, the 50-stock index may soon touch 25,400. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five shares to buy today — Jubilant Ingrevia, IDBI Bank, SBFC Finance, JM Financial, and City Union Bank. 1] Jubilant Ingrevia: Buy at ₹ 734.05, target ₹ 786, stop loss ₹ 708; 2] IDBI Bank: Buy at ₹ 101.27, target ₹ 110, stop loss ₹ 97; 3] SBFC Finance: Buy at ₹ 114.48, target ₹ 123, stop loss ₹ 110; 4] JM Financial: Buy at ₹ 133.73, target ₹ 143, stop loss ₹ 129; 5] City Union Bank: Buy at ₹ 198.64, target ₹ 213, stop loss ₹ 192. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Business Upturn
6 days ago
- Business
- Business Upturn
Why are Jubilant Ingrevia shares up over 4% today?
Shares of Jubilant Ingrevia rose by 4% following reports of a major explosion at a chemical plant operated by Shandong Youdao Chemical in China's Shandong province. The blast, which reportedly killed at least five people and injured 19, occurred at the company's largest facility producing Chlorantraniliprole (CTPR), a key agricultural pesticide. As per reports, the incident has caused a sharp supply disruption in the Chinese market, triggering a significant spike in Chlorantraniliprole prices across the country. This supply gap is expected to benefit Indian chemical producers, particularly Jubilant Ingrevia, known for their production of CTPR. Jubilant Ingrevia shares opened at ₹680.00 and, at the time of writing, reached a high of ₹712.00 during the trading session, with a low of ₹680.00. The stock is currently trading below its 52-week high of ₹885.00 but well above its 52-week low of ₹462.30. As of 9:50 AM, the shares were trading 4.49% higher at Rs 708.60 Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
13-05-2025
- Business
- Business Standard
Jubilant Ingrevia consolidated net profit rises 153.16% in the March 2025 quarter
Sales decline 2.08% to Rs 1038.16 crore Net profit of Jubilant Ingrevia rose 153.16% to Rs 74.05 crore in the quarter ended March 2025 as against Rs 29.25 crore during the previous quarter ended March 2024. Sales declined 2.08% to Rs 1038.16 crore in the quarter ended March 2025 as against Rs 1060.24 crore during the previous quarter ended March 2024. For the full year,net profit rose 37.33% to Rs 251.17 crore in the year ended March 2025 as against Rs 182.89 crore during the previous year ended March 2024. Sales rose 0.57% to Rs 4123.67 crore in the year ended March 2025 as against Rs 4100.45 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1038.161060.24 -2 4123.674100.45 1 OPM % 14.138.60 - 12.5910.27 - PBDT 141.1787.07 62 501.24403.78 24 PBT 101.7851.35 98 343.61267.61 28 NP 74.0529.25 153 251.17182.89 37
Mint
28-04-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 28 April 2025
Breakout stocks buy or sell: The Indian stock market extended its recovery for another week, though the overall weekly gains were modest. Key domestic indices, Sensex and Nifty 50, posted their second straight week of advances. After an initial rally, the benchmarks traded within a narrow range midweek before encountering profit booking in the final session. Ultimately, the Nifty 50 slipped 0.86% to close at 24,039.35, while the BSE Sensex fell 0.74% to settle at 79,212.53. The Nifty 50 rose by 0.79 percent, marking its second consecutive advance and signaling a positive market sentiment. The index successfully closed above the key psychological level of 24,000, breaking through a significant technical barrier. It also stayed above the 21-day, 55-day, and 200-day exponential moving averages, suggesting sustained bullish momentum. Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is strong as the Nifty 50 index has decisively given a fresh breakout above 200-DEMA levels placed at 23,400. Speaking on the outlook of Indian stock market, Bagadia said, ' The benchmark index is poised to touch 24,200 in short term. However, there can be some profit booking in frontline banking stocks as the Nifty Bank index is trading above all DEMA levels. So, one should look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option. " Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Jubilant Ingrevia, Atul, Alivus Life Sciences, Best Agrolife, and Avanti Feeds. 1] Jubilant Ingrevia: Buy at ₹ 695.65, target ₹ 744, stop loss ₹ 671; 2] Atul: Buy at ₹ 6414.5, target ₹ 6864, stop loss ₹ 6189; 3] Alivus Life Sciences: Buy at ₹ 1036.30, target ₹ 1109, stop loss ₹ 1000; 4] Best Agrolife: Buy at ₹ 377.7, target ₹ 404, stop loss ₹ 364; 5] Avanti Feeds: Buy at ₹ 900.55, target ₹ 963, stop loss ₹ 869. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary. First Published: 28 Apr 2025, 06:47 AM IST
