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Budget 2024 key points: The general budget has been presented today. The government has focused on agriculture in this budget. Finance Minister Nirmala Sitharaman has announced in the budget that one crore farmers will be encouraged for natural farming in the next 2 years. Due to this news, the shares of Kaveri Seed Company and Dhanuka Agritech have seen a rise.
Kaveri Seeds shares rise 13%
Shares of Kaveri Seeds opened at Rs 990 on BSE. But in a short while, the company’s shares reached the level of Rs 1099. This is the company’s 52 week high. The company’s shares have seen a rise of 13.68 percent. Let us tell you, the company’s 52 week low level on BSE is Rs 536.
Kaveri Seed Company produces, processes and markets corn, sunflower, cotton, paddy. Let us tell you, the share prices of Kaveri Seeds have seen a rise of 63 percent this year.
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Dhanuka’s share price reached 52 week high
Shares of Dhanuka Agritech opened at Rs 1698 on the day of the budget. The company’s shares rose by 9.6 percent to an intra-day high of Rs 1823.95 on NSE. This is the company’s 52-week high. The company’s 52-week low level on NSE is Rs 703.35. Dhanuka Agri produces pesticides etc.
The company’s share prices have seen a 121 percent increase in the last one year. At the same time, the stock price has increased by 44 percent in the last 6 months.
The Union Finance Minister has said that the government will focus on the production, storage and marketing of pulses and oil seeds.
