{"id":128943,"date":"2024-07-18T16:20:09","date_gmt":"2024-07-18T10:50:09","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=128943"},"modified":"2024-07-18T16:23:57","modified_gmt":"2024-07-18T10:53:57","slug":"fertilizer-stock-hits-5-upper-circuit-after-receiving-trade-license-from-the-govt-of-rajasthan","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/fertilizer-stock-hits-5-upper-circuit-after-receiving-trade-license-from-the-govt-of-rajasthan\/","title":{"rendered":"Fertilizer stock hits 5% upper circuit after receiving trade license from the Govt of Rajasthan\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1802477490\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger Stock engaged in the business of production, processing, and marketing of high-quality hybrid seeds, Pesticides, and many more hit a 5 percent upper circuit in the day\u2019s trade upon receiving a trade license from the Government of Rajasthan.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4120728100\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 261 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/NIRMAN\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Nirman Agri Genetics Limited<\/a><\/strong> hit a 5 percent upper circuit in the day\u2019s trade at Rs. 438.65, from the previous day\u2019s close price of Rs. 417.80.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Nirman Agri Genetics Limited has announced that it has been granted a License for a period of 2 years from the Department of Agriculture, Government of Rajasthan to sell, export, import, and store Agriculture Seeds like cucumber seeds, for various purposes in the State of Rajasthan. This will help to start its business in Rajasthan and achieve its revenue targets\u00a0<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p><\/blockquote><figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"cJE91aEg58\"><a href=\"https:\/\/tradebrains.in\/features\/psu-stocks-trading-at-discount-of-up-to-23-to-keep-an-eye-on\/\">PSU stocks trading at discount of up to 23% to keep an eye on<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;PSU stocks trading at discount of up to 23% to keep an eye on&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/psu-stocks-trading-at-discount-of-up-to-23-to-keep-an-eye-on\/embed\/#?secret=XtIgHIBvfS#?secret=cJE91aEg58\" data-secret=\"cJE91aEg58\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><p>In Addition, it has recently received a Membership Certificate from the Agricultural and Processed Food Products Export Development Authority (APEDA). This will help the company in taking its services or products to the global market and growing its business&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-480426851\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Nirman Agri Genetics Limited is engaged in the business of production, processing, and marketing of high-quality hybrid seeds, Pesticides, micronutrients, and Bio-organics for different varieties of crops.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 121 percent from Rs. 29 Crores in FY23 to Rs. 63 Crores in FY24, accompanied by profits of Rs. 4 Crores to Rs. 10 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 32.4 percent, and a return on capital employed (ROCE) of 33.2 percent. It has reported a debt-to-equity ratio of 0.02.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-69348574\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multibagger Stock engaged in the business of production, processing, and marketing of high-quality hybrid seeds, Pesticides, and many more hit a 5 percent upper circuit in the day\u2019s trade upon receiving a trade license from the Government of Rajasthan.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 261 Crores, the shares of Nirman Agri Genetics [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":38835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[15177,20645,15176,948,936],"class_list":["post-128943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-nirman-agri-genetics-latest-news","tag-nirman-agri-genetics-receives-trade-license-from-rajasthan","tag-nirman-agri-genetics-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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