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Company Profile

DHANUKA AGRITECH LTD.

NSE : DHANUKABSE : 507717ISIN CODE : INE435G01025Industry : Pesticides & AgrochemicalsHouse : Private
BSE1343.8510.25 (+0.77 % )
PREV CLOSE (Rs.) 1333.60
OPEN PRICE (Rs.) 1348.50
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2403
TODAY'S LOW / HIGH (Rs.)1317.00 1377.20
52 WK LOW / HIGH (Rs.)645.95 1427.4
NSE1349.95 15 (+1.12 % )
PREV CLOSE(Rs.) 1334.95
OPEN PRICE (Rs.) 1349.90
BID PRICE (QTY) 1349.95 (435 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 37641
TODAY'S LOW / HIGH(Rs.) 1314.75 1377.90
52 WK LOW / HIGH (Rs.)653.85 1428.95

Company News

Date Heading Details
19-Apr-2024 Dhanuka introduces powerful Insecticide 'LaNevo' and bio-fertilizer 'MYCORe Super' <p style="text-align: justify;">Dhanuka Agritech has unveiled two groundbreaking products -- the powerful insecticide 'LaNevo', and the bio-fertilizer 'MYCORe Super', designed to revolutionize crop protection and yield enhancement in agriculture. 'LaNevo' marks a strategic collaboration with Nissan Chemical Corporation, Japan, further strengthening Dhanuka's insecticide portfolio. LaNevo offers dual benefits with a unique mode of action for enhanced crop protection against sucking and chewing pests. It is designed to minimize resistance development and, promoting healthier crops and higher yields.&nbsp;</p><p style="text-align: justify;">Dhanuka Agritech is one of India's leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits &amp; vegetables, plantation crops and others.</p><div style="text-align: justify;"><br></div>
20-Mar-2024 Dhanuka Agritech inks MoU with ICAR <p style="text-align: justify;">Dhanuka Agritech has signed a Memorandum of Understanding (MoU) with the Indian Council of Agricultural Research (ICAR). The objective of this agreement is to utilize the efficiency of both the institutions to deliver new technology to the farmers.&nbsp;</p><p style="text-align: justify;">There are more than 14.5 crore farmers across the country, out of which most of the farmers are having small land holdings. Dhanuka Agritech will provide training related to agricultural production to these small farmers by associating with the central institutes, ATARIs and KVKs.</p><p style="text-align: justify;">Dhanuka Agritech is one of India's leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits &amp; vegetables, plantation crops and others.</p><div style="text-align: justify;"><br></div>
05-Feb-2024 JSW Energy, Cochin Shipyard and Tata Motors to see some action today <p style="text-align: justify;">JSW Neo Energy, a wholly owned subsidiary of <span style="font-weight: bold;">JSW Energy</span>, has secured capacity allocation of 6.5 KTPA for setting up of green hydrogen production facility in the first-ever auction conducted by Solar Energy Corporation of India (SECI) under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme.</p><p style="text-align: justify;"><span style="font-weight: bold;">Cochin Shipyard</span> has entered into a contract with the Indian Navy for undertaking Medium Refits of Two Indian Naval Vessels. This Multiple Refit Contract was signed on February 02, 2023, for a value of around Rs 150 crore. The scope includes dry-docking and Refit as well as Upgradation of equipment on board the ships.&nbsp;</p><p style="text-align: justify;"><span style="font-weight: bold;">Tata Motors</span> has reported results for third quarter ended December 31, 2023 (Q3FY24). The company has reported 9-fold jump in net profit at Rs 4570.05 crore for the third quarter ended December 31, 2023 as compared to Rs 506.19 crore for the same quarter in the previous year. Total income of the company increased by 17.84% at Rs 18815.38 crore for Q3FY24 as compared Rs 15967.16 crore for corresponding quarter of the previous year. On consolidated basis, the company reported over 2-fold jump in its net profit at Rs 7145.43 crore for Q3FY24 as compared to Rs 3,043.15 crore for the same quarter in the previous year. Total income of the company increased by 25.06% at Rs 112075.94 crore for Q3FY24 as compared Rs 89618.97 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;"><span style="font-weight: bold;">Jubilant Ingrevia </span>has raised Rs 50 crore through Commercial Papers (‘CPs') on February 02. Date of maturity of the said Commercial Papers is March 27, 2024. Tenure of theinstrument is 54 days. The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs 50 crore.&nbsp;</p><p style="text-align: justify;"><span style="font-weight: bold;">Dhanuka Agritech</span> has signed a 'Letter of Intent' (LoI) with Spain-based Kimitec to explore various business opportunities, including setting up a joint venture in India for the development and commercialization of biological products using natural molecules &amp; derived from natural sources. The two companies will also explore setting up a Research &amp; Development facility in the country.&nbsp;</p><p style="text-align: justify;">In a significant move towards enhancing the financial solutions available to customers,<span style="font-weight: bold;"> ESAF Small Finance Bank</span> has announced a bancassurance partnership with Edelweiss Tokio Life Insurance. This collaboration brings together two organisations dedicated to prioritizing customer needs and fostering a culture of growth and innovation. This partnership is an integral part of ESAF Small Finance Bank's strategy to diversify its offerings and its dedication to extending financial security to a broader section of the unbanked and underbanked population.</p><div style="text-align: justify;"><div><span style="font-weight: bold;">Cipla </span>has completed acquisition and subscription of additional shares in GoApptiv, associate company. Accordingly, Cipla will now hold 22.99% stake on a fully diluted basis in GoApptiv. This is Cipla's third investment in GoApptiv, which will be made in a combination of equity shares and compulsorily convertible preference shares. GoApptiv has experienced significant expansion in underpenetrated areas and product lines following prior investments by Cipla in 2022 and 2020.</div></div>
03-Feb-2024 Dhanuka Agritech signs LoI with Kimitec to set up joint venture in India <p style="text-align: justify;">Dhanuka Agritech has signed a 'Letter of Intent' (LoI) with Spain-based Kimitec to explore various business opportunities, including setting up a joint venture in India for the development and commercialization of biological products using natural molecules &amp; derived from natural sources. The two companies will also explore setting up a Research &amp; Development facility in the country.&nbsp;</p><p style="text-align: justify;">Biological products are derived from natural sources using botany, microbiology, microalgae, and bioinformatics. These represent a sustainable category of products providing crop protection, soil health, and plant nutrition. These products can be used individually or in combination with conventional chemical products as per the requirements.</p><p style="text-align: justify;">Kimitec, is a cutting-edge biotech company &amp; founder of MAAVi Innovation Center, the largest European biotech innovation hub dedicated to natural molecules. Kimitec has implemented a revolutionary AI platform at MAAVi Innovation Center. Known by the name of LINNA this AI platform is already providing Kimitec with around 35% of candidate compounds for product development.</p><p style="text-align: justify;">Dhanuka Agritech is one of India's leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits &amp; vegetables, plantation crops and others.</p>
25-Jan-2024 Dhanuka Agritech signs Letter of Intent with Kimitec Group <p style="text-align: justify;">Dhanuka Agritech has signed a non-binding Letter of Intent with an overseas entity named Kimitec Group, Spain for exploring the various business opportunities including setting up of joint venture in India which is subject to signing of Definitive Agreement(s) and fulfillment of other terms and conditions.</p><p style="text-align: justify;">Dhanuka Agritech is one of India's leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits &amp; vegetables, plantation crops and others.</p><div style="text-align: justify;"><br></div>
25-Jan-2024 Dhanuka Agritech surges on signing Letter of Intent with Kimitec Group <p style="text-align: justify;">Dhanuka Agritech is currently trading at Rs. 1201.90, up by 35.40 points or 3.03% from its previous closing of Rs. 1166.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1185.40 and has touched a high and low of Rs. 1204.75 and Rs. 1178.50 respectively. So far 281 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1294.90 on 11-Jan-2024 and a 52 week low of Rs. 603.05 on 03-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1233.00 and Rs. 1150.00 respectively. The current market cap of the company is Rs. 5466.44 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 70.18%, while Institutions and Non-Institutions held 20.43% and 9.38% respectively.</p><p style="text-align: justify;">Dhanuka Agritech has signed a non-binding Letter of Intent with an overseas entity named Kimitec Group, Spain for exploring the various business opportunities including setting up of joint venture in India which is subject to signing of Definitive Agreement(s) and fulfillment of other terms and conditions.</p><p style="text-align: justify;">Dhanuka Agritech is one of India's leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits &amp; vegetables, plantation crops and others.</p>
25-Jan-2024 Mastek, Grindwell Norton and Mahindra Logistics to see some action today <p style="text-align: justify;"><b>Mastek </b>has entered into strategic collaboration with Microsoft. The collaboration is focused on pioneering innovative solutions that harness the capabilities of Microsoft Azure OpenAI Service and Azure AI Services -especially for the retail, healthcare, manufacturing, financial services, and public sector industries through the integration of generative AI capabilities.</p><p style="text-align: justify;"><b>Grindwell Norton </b>has subscribed to 49% equity share capital of Advanced Synthetic Minerals (ASM) at a Net consideration of Rs 15 crore as of January 24, 2024. With this subscription, ASM becomes an affiliate of the Company effective January 24, 2024.</p><p style="text-align: justify;"><b>Mahindra Logistics </b>(MLL) is planning to invest Rs 170 crore for construction of its warehousing facility in Phaltan, near Pune. Spread over 6.5 lakh square feet (sq ft), the new facility will be developed in two phases. The first phase, comprising 3.5 lakh sq ft, is scheduled to be operational by the end of 2024. The company will manage inbound logistics to manufacturing and distribution solutions of diverse clients in automotive and manufacturing sectors located in the region.</p><p style="text-align: justify;"><b>Mazagon Dock Shipbuilders </b>(MDL) has signed a contract with Acquisition wing of Ministry of Defence for Construction and Delivery of Fourteen Fast Patrol Vessels (FPVs) for Indian Coast Guard (ICG) on January 24, 2024. Broad consideration or size of the order is around Rs 1070 crore.&nbsp;</p><p style="text-align: justify;"><b>Hero MotoCorp </b>is planning to bring three new electric two-wheelers in the next one year. In FY25, it will launch electric scooters in the mid-price segment and in the economy segment to extend its Vida range. Further, the company will be launching another electric two-wheeler in the B2B last mile delivery segment, which is a big segment. The company, which unveiled its new performance bike MAVRICK 440, is also ramping up production to 10,000 units a month to meet demand for motorcycles in the segment.&nbsp;</p><p style="text-align: justify;"><b>SBI Cards and Payment Services</b> (SBI Card) has raised Rs 525 crore through allotment of 525 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Subordinate Tier II, Listed, Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,00,000 each, at par, under Series 34 on private placement basis. The Stakeholders' Relationship and Customer Experience Committee of the Company has approved the allotment of the same.&nbsp;</p><p style="text-align: justify;"><b>Dhanuka Agritech</b> has signed a non-binding Letter of Intent with an overseas entity named Kimitec Group, Spain for exploring the various business opportunities including setting up of joint venture in India which is subject to signing of Definitive Agreement(s) and fulfillment of other terms and conditions.</p>
17-Nov-2023 Dhanuka Agritech informs about details of loss of certificate <div style="text-align: justify;">Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dhanuka Agritech has informed that the RTA of the Company Abhipra Capital has received request for issue of Duplicate Share Certificate from the Shareholder, Bhupinder Kaur (Folio No. 753) against the loss of Original Share Certificate as details enclosed.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
13-Nov-2023 Dhanuka Agritech informs about transcript of conference call <p style="text-align: justify;">In pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, Dhanuka Agritech has enclosed the Transcript of Conference Call held on 7th November, 2023, which was hosted by Antique Stock Broking through virtual mode with Analysts/ Investors to discuss Un-Audited Standalone &amp; Consolidated Financial Results of the Company for the Quarter and Half-Year Ended on 30th September, 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
10-Oct-2023 Dhanuka Agritech launches new product 'SEMACIA' <p style="text-align: justify;">Dhanuka Agritech has launched new product 'SEMACIA' is a broad-spectrum insecticide, with excellent efficacy against lepidopteran insect pests on a range of crops. The newly launched product caters to domestic market.&nbsp;</p><p style="text-align: justify;">Earlier, the company had commenced trial production at its new plant situated at Dahej, Gujarat.</p><p style="text-align: justify;">Dhanuka Agritech is one of India's leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits &amp; vegetables, plantation crops and others.</p><div style="text-align: justify;"><br></div>