Global market trends

NASDAQ Composite rose 1%, while S&P 500, FTSE and Hang Seng ended flat. Shanghai Composite and Nikkei advanced 5% and 3%, respectively.

 

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What’s hot

Farm & farm inputs companies were in demand during the fortnight. Jayant Agro-Organics, Gujarat State Fertilizer & Chemicals and Punjab Chemicals & Crop Protection soared 34%, 31% and 30%, respectively.

 

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COMMENTS

whatsup Prahalad

2 years ago

Jayant Agro unknown to many is a company which has castor processing capacity equal to 20% of worlds castor production.. making Jayant Agro the largest processing company in the world... jayant also has competetive advantage as Banaskantha where it has its castor processing capacity is largest producing castor district with production equals to 2nd largest castor growing country..i.e: china.
jayant is also a govt recognized exporter "Star Trading House" L&T,Bajaj, Arvind Mills, ITC, Biocon, CIPLA are all "star trading House"
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7 yrs 588% increase in profits and 335% increase in sales..
consistent dividend paying company since inception.ie 20+yrs of dividend payout..
PE is: 6 Mcap: 192cr, Consolidated: sales March 2014: 1550cr, NP:40cr
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good stock worth buying .. Pls do your own deep dive

What’s not

Oil & gas companies were uneven performers. Oil & Natural Gas Corp fell 1%, while Cairn India rose 2%, and GAIL (India) & Oil India advanced 4% each. Hindustan Oil Exploration Co, however, soared 43%.

 

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