The BSE Smallcap index hit an over eight-month low of 47,627.96, falling 3 per cent in Tuesday's intraday trade amid selling pressure due to ongoing tariff-related concerns and rising geopolitical tensions.
Praj Industries Ltd will seek membersÂ’ nod for amalgamation of Praj Engineering Ltd with the company.
Praj Industries' impressive quarterly results sent the scrip spiraling to its 10% ceiling at Rs 44.10 in early trades on Monday.
Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.
Praj Chairman Pramod Chaudhari said Khosla were taking a keen interest in developing ethanol industry in United States while Marubeni Corporation has interest in turnkey Projects, ethanol trading and investment in ethanol plants.
India's biofuel sector witnessed another boost this week with Praj Industries, the Pune-based biofuel technology company, joining an Icrisat-backed consortium to promote ethanol production from sweet sorghum.
Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25. The FY25 revised estimates (RE) indicate 7 per cent growth in FY25 against FY24, implying 21 per cent Y-o-Y growth in Q4FY25 government capex.
It has been 25 years of entrepreneurship for Pramod Chaudhari.
Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers' palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, DCM Shriram, Magadh Sugar, and Bajaj Hindustan have rallied up to a whopping 200 per cent so far in the financial year 2024 (FY24) as deficient monsoon rains in major sugarcane producer states like Maharashtra and Karnataka are expected to lead to a shortfall in sugar output ahead. In comparison, the BSE Sensex has modestly gained 11 per cent during this period.
'His track record in the market has been spotless and untainted.' 'That is why he had such great fan following among investors.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Other shortlisted chief executives include Abdulrahman Ali Al-Abdulla of Muntajat, Peabody Energy's Gregory Boyce, Pailin Chuchottaworn of PTT Public Company Ltd, Repsol's Antonio Brufau and Ian Taylor of Vitol.
The ethanol vehicles will have the flexibility to switch to other fuels
'Kindly advise about the following stocks. Can I hold or exit?'
The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Meanwhile, IT index continues to be the top loser down 3.8%. Financial stocks witnessed renewed buying interest at lower levels.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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