Stocks to watch, 29 May: Stocks like Bharat Rasayan, HeidelbergCement India, Birlasoft,Som Distilleries and Breweries, Natco Pharma, Deepak Nitrite, RITES, Aurobindo Pharma, IndusInd Bank, Steel Authority of India, Avanti Feeds, Insecticides India, Balaji Amines, Cummins India, ITC, ADF Foods, Mishra Dhatu Nigam, and Unified Data Tech Solutions will be in focus on May 29.
Sharekhan is bullish on Insecticides India has recommended buy rating on the stock with a target price of Rs 949 in its research report dated November 12, 2024.
Stocks like Shree Cement, Ramco Cements, Insecticides India, Jubilant Foodworks, Hindustan Copper, National Fertilizers, HMA Agro Industries, HG Infra Engineering, Prataap Snacks, Blue Dart Express, and Triveni Turbine will also be in focus on November 12
Eicher Motors, SML Isuzu, MOIL, Hindustan Petroleum Corporation, NHPC, NBCC India, Wipro, Biocon, HDFC Asset Management Company, DCM Shriram, and Insecticides India will also be in focus on September 2.
Insecticides India achieved growth across all key metrics—profit, revenue, and profitability—in Q1. This performance is particularly noteworthy given the challenges facing the broader agrochemical industry, which is currently grappling with excess Chinese inventory and weak pricing.
Sharekhan is bullish on Insecticides (India) has recommended buy rating on the stock with a target price of Rs 540 in its research report dated August 11, 2023.
Prabhudas Lilladher recommended accumulate rating on Insecticides India with a target price of Rs 550 in its research report dated August 11, 2023.
Insecticides India Ltd (IIL) Managing Director Rajesh Aggarwal on Sunday said the company will invest Rs 150 crore in the next two years on capacity expansion in Rajasthan and Gujarat, and also launch new herbicide and insecticide products before ’Navratri’.
Total consolidated income increased to Rs 639.95 crore during the April-June quarter of the 2023-24 fiscal from Rs 560.68 crore in the year-ago period.