Latest news with #NovaAgritech
Business Standard
3 days ago
- Business
- Business Standard
Nova Agritech consolidated net profit declines 24.07% in the June 2025 quarter
Sales rise 11.55% to Rs 46.75 croreNet profit of Nova Agritech declined 24.07% to Rs 3.25 crore in the quarter ended June 2025 as against Rs 4.28 crore during the previous quarter ended June 2024. Sales rose 11.55% to Rs 46.75 crore in the quarter ended June 2025 as against Rs 41.91 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 12 OPM %11.4714.05 -PBDT4.335.18 -16 PBT3.914.82 -19 NP3.254.28 -24 Powered by Capital Market - Live News
Mint
01-08-2025
- Business
- Mint
Here are three agrochemical stocks you can add to your watchlist
Next Story Equitymaster Increasing agricultural production demands and the need for better crop protection and higher yields will drive the agrochemical sector in India. Here are the top three agrochemical companies in India that have seen strong growth. Indian agrochemical products are exported to over 140 countries. AFP PHOTO/Diptendu DUTTA Gift this article Theagrochemical industry in Indiais a significant and growing sector of the economy. Theagrochemical industry in Indiais a significant and growing sector of the economy. Recent estimates put the market size at $9 billion in 2025, expected to reach$12.7 billion by 2030at a CAGR of7.1%. Indian agrochemical products are exported to over 140 countries, with major markets including the US, Brazil, and Europe. Several companies have taken advantage of global growth and strong domestic demand. Here are the top three agrochemical companies in India that have seen strong growth. We have used the Equitymaster'sstock screener to arrive at the top three. #1 PI Industries PI Industries is one of India's leading agriscience and fine chemical companies. It offers a broad product portfolio in agrochemicals, including insecticides, herbicides, fungicides, and speciality plant nutrients. It has a strong presence in both domestic and international markets. The company has done well on the financial front with sales growing at 14.6% CAGR in last three years and profits growing at 25.3% in the same period. Going forward, the company plans to launch new innovative products and expand into horticulture crop solutions. It's also targeting growth in exports and global market penetration, aiming to increase its international revenue share. The company has also earmarked significant amounts towards investment in R&D and sustainability initiatives. PI Industries is expected to perform well and remain a leading player in the agri-sciences and speciality chemicals sector in the foreseeable future. #2 Aristo Bio-Tech and Lifescience The company is a dedicated crop protection company primarily engaged in the manufacturing, formulation, supply, packaging, and job work services of various pesticides and agrochemicals. The product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, and other agrochemical products. The company has reported revenue growth of 21% CAGR over the last three years, while the net profit CAGR was 53.5%. Operationally, Aristo Bio-Tech plans to maintain and potentially expand manufacturing and contract services for pesticides and agrochemicals, serving both domestic and international markets. The company has a significant product portfolio (257 registered products) and provides contract manufacturing for multinational clients. These will continue to drive the growth momentum of Aristo Bio-Tech. #3 Nova Agritech Nova Agritech is a research-based agricultural input manufacturer. It specialises in a broad range of products including soil health management, crop nutrition, biostimulants, biopesticides, integrated pest management (IPM), crop protection products, and new agri-technologies. It also supports precision farming technologies, such as soil-testing tools and agricultural drones, to aid modern farming practices. The company has done well on the financial front. Its compounded sales growth was 16.3% in the last three years, and its net profit growth has been a whopping 65% in the same period. Moving forward, Nova Agritech plans to invest substantially in product development in crop protection, including herbicides, insecticides, fungicides, and plant growth regulators. The company is also exploring new markets and product lines to broaden their offerings in the agrochemical sector. Snapshot of India's Top Agro Chemical Stocks on Equitymaster's Stock Screener Conclusion Increasing agricultural production demands and the need for better crop protection and higher yields will drive theagrochemical sector in India. Rising global demand for cost-effective and efficient crop protection solutions, has made India a key player in herbicide exports, now serving top markets like the US, Brazil, and Japan. Overall, the Indian agrochemical industry has strong growth prospects driven by rising food demand, increasing farm mechanisation, supportive policies, and rising exports, making it a key and expanding sector in the country's agricultural landscape. To know what's moving the Indian stock markets today, check out the most recent share market updates here. Investors should evaluate the company's fundamentals, corporate governance, and valuations ofthe stock as key factors when conducting due diligence before making investment decisions. Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. This article is syndicated from Topics You May Be Interested In Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Mint
21-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend six shares to buy today — 21 July 2025
Stocks to buy under ₹ 100: In the last session of the previous week, the Indian stock market witnessed sharp selling. Among the key benchmark indices, Nifty 50 and BSE Sensex lost over half a per cent, while the Bank Nifty index lost close to one per cent. Wipro, Bajaj Finance, and Tata Steel showcased strength, emerging as the top performers on the Nifty. Conversely, Axis Bank, Shriram Finance and BEL concluded the session as major losers. Trading volumes on the NSE cash market were slightly lower by 2% compared to yesterday. The broader market also experienced profit booking, mirroring the benchmark indices. The Nifty Midcap 100 fell by 0.70%, while the Nifty Smallcap 100 declined by 0.82%. Market breadth remained negative, with declining stocks outnumbering advancing ones on the BSE, as indicated by an advance-decline ratio of 0.70. Amongst the sectoral indices, Media, Metal, and IT managed to end up as major gainers, showcasing some resilience. However, Nifty Private banks, Consumer durables, and Financial services faced the steepest declines, contributing significantly to the overall market fall. On the Indian stock market's outlook today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Overall, we expect the market to remain in consolidation mode amid continued global trade uncertainty and a subdued start to the Q1FY26 earnings season. Key results on Monday include Ultratech Cement, Eternal, IDBI Bank, Havells, and Oberoi Realty, among others." Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The underlying trend of Nifty remains weak. A slide below the 24,900 levels could open more weakness down to 24,500 in the coming week. However, any pullback rally from here could find strong overhead resistance around 25,250." Asked about the outlook of the Bank Nifty index, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, 'The Bank Nifty index succumbed to heavy profit booking post the weak result outcome of Axis Bank, which dragged the index to breach below the near-term support of the 56,600 zone and has slightly weakened the bias with the next major and crucial support positioned near the 50EMA zone at the 55,900 level, which needs to be sustained. On the upside, as mentioned earlier, it would need to breach above the resistance zone of 57,600 level and expect fresh higher targets of 58,500 and 60,000 levels in the coming days.' Regarding stocks to buy today, Sumeet Bagadia, Executive Director at Choice Broking; Mehul Kothari, Deputy Vice President of technical Research at Anand Rathi; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these six intraday stocks for today under ₹ 100: Nova Agritech, Manali Petrochemicals, Yes Bank, UCO Bank, Shriram Properties, and Jagran Prakashan. 1] Nova Agritech: Buy at ₹ 58.97, Target ₹ 64, Stop Loss ₹ 57; and 2] Manali Petrochemicals: Buy at ₹ 79.25, Target ₹ 85, Stop Loss ₹ 76. 3] Yes Bank: Buy at ₹ 20.17, Target ₹ 23, Stop Loss ₹ 19; and 4] UCO Bank: Buy at ₹ 32.13, Target ₹ 36, Stop Loss ₹ 30. 5] Jagran Prakashan: Buy at ₹ 74.20, Targets ₹ 77.60, ₹ 78.30, Stop Loss ₹ 72.50. 6] Shriram Properties: Buy at ₹ 96.40, Target ₹ 102, Stop Loss ₹ 92.
