share buybacks: Companies race against taxing times to give buyback call

share buybacks: Companies race against taxing times to give buyback call

Mumbai: Companies are moving swiftly to buy back shares before new tax rules proposed in the budget take effect on October 1. This will tax the buyback amount in the hands of shareholders as per their tax slabs. Currently, such transactions are taxed at about 23% at the company level. Within just the three weeks … Read more

Dhanuka Agrotech | GST: Cut GST on agrochemicals to 5% or at least 12% immediately: MK Dhanuka

Dhanuka Agrotech | GST: Cut GST on agrochemicals to 5% or at least 12% immediately: MK Dhanuka

MK Dhanuka, MD, Dhanuka Agritech, says that in order to make the pesticide available at reasonable prices for the farmers, the government should definitely think of reducing the GST on agrochemicals from 18% to either 5% or at least up to 12% immediately. The industry tried very hard this time for GST reduction but it … Read more

Fertiliser, agrochemical stocks rally as monsoon arrives early

Fertiliser, agrochemical stocks rally as monsoon arrives early

Shares of fertiliser and agrochemical companies were among the top gainers on the BSE on Monday, after monsoons progressed earlier than expected in various parts of the country. Analysts said investors are hoping that the good rainfall could benefit the agriculture sector, which in turn would boost demand for their products. Fertilisers & Chemicals Travancore … Read more

UPL shares: Anand Rathi initiates coverage on 4 agrochemical stocks with ‘buy’ rating – ​Sectoral Play

UPL shares: Anand Rathi initiates coverage on 4 agrochemical stocks with ‘buy’ rating – ​Sectoral Play

Nestle India. Share Price 27372.40 03:57 PM | 01 Jan 2024 792.11(2.98%) Adani Enterprises. Share Price 2917.20 03:59 PM | 01 Jan 2024 68.25(2.39%) Adani Ports & Special Economic Zone. Share Price 1047.85 03:59 PM | 01 Jan 2024 23.50(2.29%) Tech Mahindra. Share Price 1297.15 03:59 PM | 01 Jan 2024 24.50(1.92%) Coal India. Share … Read more