Latest news with #HeranbaIndustries
Mint
16-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 16 July 2025
Breakout stocks buy or sell: The Indian stock market saw strong buying activity across various sectors, enabling the benchmark indices — Sensex and Nifty 50 — to break their four-day losing streak and close with solid gains, on Tuesday. The Sensex advanced by 317 points, or 0.39%, to finish at 82,570.91, while the Nifty 50 climbed 114 points, or 0.45%, to close at 25,195.80. Meanwhile, mid- and small-cap stocks maintained their strong performance, with the BSE Midcap index rising by 0.83% and the Smallcap index increasing by 0.95%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has improved as the Nifty 50 index has sustained above the crucial 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is expected to touch 25,500 and 25,700 if the 50-stock index sustains above 25,000. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Heranba Industries, Diamond Power Infrastructure, Vintage Coffee and Beverages, Samhi Hotels, and PTC India. 1] Heranba Industries: Buy at ₹ 395.75, target ₹ 425, stop loss ₹ 380; 2] Diamond Power Infrastructure: Buy at ₹ 172.92, target ₹ 187, stop loss ₹ 166; 3] Vintage Coffee and Beverages: Buy at ₹ 143.61, target ₹ 155, stop loss ₹ 138; 4] Samhi Hotels: Buy at ₹ 246.32, target ₹ 265, stop loss ₹ 237; 5] PTC India: Buy at ₹ 191.12, target ₹ 205, stop loss ₹ 184. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
27-06-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 27 June 2025
Breakout stocks buy or sell: The Indian stock market extended its gains for the third consecutive session on Thursday, June 26. The Nifty 50 climbed 304 points, or 1.21 per cent, to settle at a nine-month high of 25,549. Meanwhile, the Sensex advanced by 1,003 points, also up 1.21 per cent, closing at 83,759 — a level last witnessed in October 2024. With this rally, both benchmarks are now just 2.3 per cent short of their September highs. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned positive as the Nifty 50 index has broken above the hurdle placed at 25,250 levels. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is now heading for 25,800 in the near-term. On the lower side, 25,250 to 25,200 is expected to work as immediate support for the 50-stock index. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Moil, Nitin Spinners, Heranba Industries, Rallis India, and Usha Martin. 1] Moil: Buy at ₹ 387.20, target ₹ 415, stop loss ₹ 373; 2] Nitin Spinners: Buy at ₹ 398, target ₹ 426, stop loss ₹ 384; 3] Heranba Industries: Buy at ₹ 308.10, target ₹ 333, stop loss ₹ 295; 4] Rallis India: Buy at ₹ 328.35, target ₹ 352, stop loss ₹ 316; 5] Usha Martin: Buy at ₹ 345.80, target ₹ 375, stop loss ₹ 333. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
26-06-2025
- Business
- Business Standard
Heranba Organics commences commercial production at its Sarigam unit
Heranba Industries announced that its wholly owned subsidiary, Heranba Organics (HOPL) started commercial production at its Sarigam Unit, Phase-II situated at GIDC, Sarigam, Taluka- Umbergaon, District-Valsad, Gujarat (Sarigam Unit). This Sarigam Unit, Phase-II will produce fungicides & insecticides products. Heranba expects Sarigam Unit, Phase-I & Phase-II to generate annual revenue of Rs. 375 to Rs. 475 crore. The Production Capacity and Capacity Utilisation of this Sarigam Unit will be 9000 MTPA (Max).Powered by Capital Market - Live News
Business Standard
18-06-2025
- Business
- Business Standard
Heranba Inds slips after CFO resigns
Heranba Industries shed 1.01% to Rs 290 after the company said that its chief financial officer (CFO) and key managerial personal (KMP), Rajkumar Bafna, has resigned with with effect from closing business hours of 30 June 2025. Rajkumar Bafna has resigned from his position to pursue new opportunities and challenges. Heranba Industries is engaged in the manufacturing of a diverse range of agrochemicals such as insecticides, herbicides, fungicides and public health products for pest control. The company reported consolidated net loss of Rs 41.49 crore in Q4 FY25 as against net loss of Rs 0.34 crore posted in Q4 FY24. Net sales jumped 29.8% year on year to Rs 334.77 crore in Q4 FY25.
Business Standard
13-06-2025
- Business
- Business Standard
Crisil Ratings reaffirms 'A/A1+' ratings of Heranba Industries with 'stable' outlook
Heranba Industries (HIL) said that Crisil Ratings has reaffirmed its 'Crisil A/Stable/Crisil A1' ratings on the bank loan facilities of the company. Crisil Ratings stated that the rating continues to reflect the established presence of the company in the agrochemicals market and healthy financial risk profile. These strengths are partially offset by large working capital requirement and exposure to risks inherent in the agrochemicals industry. The agency further said that growth in revenue and improvement in operating margins leading to accruals of over Rs 150 crore on a sustained basis, and improvement in working capital cycle with debtor collection and inventory rationalization, could lead to a positive rating action Factors that would result in a downward rating action include decline in revenue or operating margin remaining below 9% resulting in lower-than-expected accruals; a further increase in working capital requirement; a larger-than-expected debt-funded capex or acquisition; or a more-than-expected dividend pay-out, weakening the financial risk profile, particularly liquidity. Heranba Industries (HIL) manufactures formulations and active ingredients for insecticides, fungicides, and herbicides at its three units in Vapi, Gujarat. The scrip declined 1.49% to currently trade at Rs 265 on the BSE.
