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New Delhi, Feb 14 () V-Sciences Investment, an investment arm of Temasek, on Friday offloaded nearly 38 lakh shares of Godrej Agrovet for a little over Rs 204 crore through open market transactions. According to bulk deal data available with the BSE, a total of 37,84,738 shares of Godrej Agrovet, agri-business firm of Godrej Industries, were sold by V-Sciences Investment Pte Ltd. The shares were offloaded on an average price of Rs 539.13, valuing the transaction at Rs 204.04 crore, the data added. Meanwhile, Godrej Industries picked up 32,20,000 shares of the agri-business company. At the end of the December 2019 quarter, V-Sciences Investment held 2,47,07,698 shares, amounting to 12.87 per cent stake, of Godrej Agrovet. Shares of Godrej Agrovet closed at Rs 520.30 apiece on the BSE, down 6.45 per cent from the previous close. SP HRS

Temasek investment arm sells Godrej Agrovet shares worth Rs 204 cr

<keyword id="161914" type="General" weightage="20" keywordseo="godrej-agrovet" source="Orion">Godrej Agrovet</keyword> was allotted about 47,000 acres of land in Sangareddy district in Telangana for oil palm plantation, the company said in a release on Tuesday. Allocated by Telangana's Department of Agriculture and Cooperation (Horticulture and Sericulture), the allotted area will be utilized by the company to expand the cultivation of oil palm and set up processing units. Recently, Godrej Agrovet inaugurated an edible oil refinery at Chintalapudi in the Eluru district "We are delighted to receive additional district in the fresh allotment released by the Government of Telangana. It is a testimony of GAVL's commitment and efforts to boost oil palm plantations and promote farmer prosperity in the region. We would like to thank Government of Telangana for their support and commitment to this initiative which will benefit the farmers," said Balram Singh Yadav, Managing Director, Godrej Agrovet. The company has an expertise of more than three decades in the oil palm business. The Telangana government has set a target to extend the cultivation of oil palm across 20 lakh acres in the state. A total of ₹1,000 crore is proposed in the Budget for 2023-24 for oil palm cultivation. India is the world's second-largest consumer and number one <keyword id="451493" type="General" weightage="20" keywordseo="vegetable-oil" source="Orion">vegetable oil</keyword> importer, and it meets 60% of its need through imports. A large part of it is palm oil and its derivatives, which are imported from Indonesia and Malaysia. Although oilseed production in India has grown over the years, the production has lagged behind its consumption, resulting in continuous dependence on imports.

Telangana govt allots Godrej Agrovet 47,000 acres for oil palm plantation

New Delhi, Feb 5 () Godrej Agrovet Ltd on Wednesday posted a consolidated net profit of Rs 51.15 crore for the third quarter ended December 2019. The company had clocked a net profit of Rs 48.56 crore in the year-ago period, according to the BSE filing. Its net income in the third quarter of 2019-20 stood at Rs 1,791.99 crore. It was Rs 1,458.96 crore in the year-ago quarter. Expenses stood at Rs 1,729.90 crore in the October-December 2019 period, against Rs 1,389.34 crore in the year-ago period. In its foot note in the BSE filing, Godrej Agrovet made it clear that the third quarter performance of this financial year cannot be compared with the year-ago period as it also includes the result of recently-acquired two companies which became subsidiaries effective from March 2019. The company has acquired Godrej Tyson Foods Ltd and Godrej Maxximilk Private Ltd. Godrej Agrovet's shares fell 0.09 per cent to settle at Rs 578.80 apiece on the BSE on Wednesday. LUX HRS

Godrej Agrovet posts Rs 51 cr net profit in Q3

New Delhi, Feb 27 () Chicken sales in India have come down over 50 per cent and prices by 70 per cent in the last one month as speculation swirled on social media that chicken causes coronavirus disease, denting both demand and prices, a top Godrej Agrovet official said on Thursday. Godrej Agrovet Managing Director B S Yadav said its poultry arm Godrej Tyson Foods has also taken a beating as sales have dropped sharply by 40 per cent in last one month from 6,00,000 birds a week, he said. However, once the rumours die down and consumption rises in the next 2-3 months, there would be a shortage of chicken in the country causing sharp rise in prices, he noted. Yadav also mentioned that the government has issued advisories that coronavirus does not spread from chicken and asked state governments to take action against rumour mongers. "Chicken is safe in India but rumours on spread of coronavirus from chicken has dented demand sharply in our country by over 50 per cent in just one month and ex-farm gate prices have also fallen by 70 per cent," Yadav told reporters. Chicken sales have come down to 35 million birds a week from 75 birds a week across the country, while ex-farm gate prices have dropped over 70 per cent to Rs 35 per kg from Rs 100 per kg in last one month although the cost of production is about Rs 75 per kg, he said. "The entire poultry industry and farmers have been affected because of WhatsApp rumour about coronavirus spread from chicken. The surplus production has build up now which is being disposed at a lesser price," Yadav said. Godrej Tyson Foods sells both fresh and frozen chicken and value-added products in the brand name 'Real Good Chicken' and 'Yummiez'. The company has two chicken units in the country. The company is the largest chicken producer in the country followed by Venky's and Suguna Foods. Yadav also said per capital consumption of chicken in India is at 4.5 kg, lower than the global average of 11 kg. The consumption is highest in Tamil Nadu at 13 kg, while least in states like Rajasthan and Madhya Pradesh. Besides poultry, the stock exchange listed company Godrej Agrovet is into animal feed, crop protection, oil palm, dairy, and processed foods businesses. LUX LUX ANUANU

'Chicken sales down 50%, prices by 70% in India on coronavirus rumour'

New Delhi, Feb 13 () Godrej Industries Ltd on Thursday reported a consolidated net profit of Rs 216.32 crore in the third quarter ended December 31, 2019. The company, which announced reappointment of Nadir Godrej as its managing director for a period of three years, had posted a consolidated net profit of Rs 156.42 crore in the year-ago quarter. Revenue from operations during the third quarter this fiscal stood at Rs 2,696.31 crore. It was Rs 2,417.58 crore in the same period a year ago. The company said during the previous year, one of its subsidiaries had acquired control of Godrej Tyson Foods Ltd and Godrej Maxximilk Pvt Ltd and they became subsidiaries with effect from March 27, 2019. Accordingly consolidated financial results of the current quarter and nine months ended December 31, 2019 include results of these acquired firms. Hence, the consolidated financial results of the current quarter and nine months ended December 31, 2019 are not comparable with the financial results of the corresponding previous periods, the company said. On Godrej's reappointment, the company said the Nomination and Remuneration Committee of the Board of Directors had recommended the proposal. The board approved the re-appointment of managing director of the company for a further period of three years commencing from April 1, 2020 upto March 31, 2023 subject to approval of the shareholders. Godrej Indistries also said its board has approved investment of up to Rs 5OO crore by way of subscription or purchase of securities or otherwise in Godrej Agrovet Ltd, its subsidiary company subject to shareholder approval. RKL SHWSHW

Godrej Industries Q3 net at Rs 216.32 cr

New Delhi, Apr 15 () Shares of agriculture-related companies on Wednesday gained sharply after the government allowed farm activities in the second phase of the COVID-19 lockdown.Deepak Fertilizers and Petrochemicals Corporation advanced 11.45 per cent, Rashtriya Chemicals and Fertilizers zoomed 10.85 per cent, Chambal Fertilizers &amp; Chemicals 8.02 per cent, National Fertilizers 6.78 per cent and Coromandel International 3.89 per cent on the BSE. Among agrochemicals firm, UPL climbed 7.85 per cent and PI Industries jumped 4.77 per cent.Godrej Agrovet rose by 6.47 per cent. Tractor maker Escorts gained 3.73 per cent.Agricultural and allied activities including dairy, fisheries as well as tea, coffee and rubber plantation are allowed in the second phase of the COVID-19 lockdown, the government said on Wednesday issuing fresh guidelines."All agricultural and horticultural activities remain fully functional," the Ministry of Home Affairs said, issuing a new set of guidelines for enforcement during the second phase of the lockdown till May 3.The government has allowed farming operations and farm workers in the field. As harvesting of rabi crops like wheat is underway, the government has allowed inter and intra state movement of harvesting and sowing related machines like combined harvester and other agriculture and horticulture implements.That apart, the government has allowed shops of agriculture machinery, its spare parts including its supply chain and repairs to remain open.For smooth supply of farm inputs during the ongoing sowing of kharif crops, the government has permitted manufacturing, distribution and retail of fertilisers, pesticides and seeds. SUM ANUANU

Agriculture-related stocks rally after fresh guidelines from govt on lockdown

<ul><li>At 7:45 am, the SGX Nifty was down 0.18%, indicating a tepid start for Nifty50.</li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock-market indices are likely to start subdued on Friday, led by mixed cues from the global markets. At 7:45 am, the SGX Nifty was down 0.18%, indicating a tepid start for Nifty50. However, the <a href="https://www.businessinsider.in/stock-market/news/us-stocks-climb-as-900-billion-stimulus-deal-appears-imminent/articleshow/79782556.cms">US stocks gained on Thursday</a> and marched toward record highs as a $900 billion fiscal stimulus bill to hasten the economic recovery from the COVID-19 pandemic appeared imminent. The Dow Jones Industrial Average closed 0.49% higher, and the S&amp;P 500 was up 0.58%. These are the stocks to watch out for during the trading session today: RIL The Supreme Court has asked Reliance Industries (RIL) to deposit ₹250 crore, which is 50% of the disgorged amount of ₹447.27 crore, as per the orders of the Securities Appellate Tribunal in a case related to the sale of Reliance Petroleum (RPL) shares. Bharat Dynamics, Hindustan Aeronautics, Bharat Forge and other defence stocks Bharat Dynamics, Hindustan Aeronautics, Bharat Forge and other defence stocks will be in focus during the trade today. The defence acquisition council headed by Union Minister Rajnath Singh approved the capital acquisition of various weapons/platforms/equipment/systems required by the Army, the Navy and the Air Force at an approximate overall cost of ₹28,000 crore. HCL Tech, Infosys, TCS and other IT stocks HCL Tech, Infosys, TCS and other IT stocks will be in focus during the trade. The consulting and outsourcing services provider Accenture has raised its full-year sales forecast and beat quarterly revenue estimates on December 17. Tata Consultancy Services’ (TCS) The ₹16,000 crore share buyback programme of Information technology (IT) major Tata Consultancy Services’ (TCS) will open today (December 18). And, the offer will remain open till January 1. Zee Entertainment The board of Zee Entertainment Entertainment (ZEEL) has approved the acquisition of film production and distribution business from Zee Studios, a wholly-owned subsidiary of the former for a cash consideration of ₹275 crore. BPCL Privatisation-bound Bharat Petroleum Corporation (BPCL) board has approved buying out Oman Oil Company’s stake in the Bina refinery project in Madhya Pradesh on mutually agreeable terms. The BPCL board at its meeting on Thursday also approved merging Bharat Gas Resources (BGRL) with itself, the company said in a filing to the stock exchanges. Godrej Agrovet The Government of Telangana has allotted an area measuring up to 28,164 hectares in the Mahabubabad District of Telangana to Godrej Agrovet, for the purpose of oil palm cultivation. Canara Bank The Life Insurance Corporation of India has acquired 6.28 crore shares of Canara Bank through the qualified institutional placement, taking its total shareholding in the bank to 8.35% from 4.53%. Dishman Carbogen Dishman Carbogen promoter will sell a 4.4% stake in the company via offer for sale on December 18 and 21 at a set floor price of ₹145.70 per share. SpiceJet SpiceJet would start 30 new domestic flights in a phased manner from next week. Among the 30 flights from Sunday, six will connect Darbhanga in Bihar with Ahmedabad, Pune and Hyderabad, the airline said. PVR The board of cinema hall giant PVR will meet today to discuss its fundraising plans. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/burger-king-ipo-investors-tripled-their-money-in-three-days/articleshow/79761366.cms" data-type="tilCustomLink">Burger King's IPO investors tripled their money in three days</a> <a href="https://www.businessinsider.in/business/news/india-has-a-hot-new-debate-on-its-plate-should-the-likes-of-burger-king-kfc-and-mcdonalds-menus-mention-calories/articleshow/79771040.cms" data-type="tilCustomLink">India has a hot new debate on its plate: Should the likes of Burger King, KFC and McDonald’s menus mention calories?</a>

Top stocks to watch — RIL, TCS, HCL Tech, Zee Entertainment, BPCL, Bharat Dynamics, HAL, Bharat Forge, and others

New Delhi, Feb 27 () Following are the top business stories at 1850 hours: DCM47 BIZ-VODA IDEA-MINIMUM-PACKAGR-hit Voda Idea wants govt to put in place floor data, call tariffsNew Delhi: Vodafone Idea has demanded fixing minimum tariffs for mobile data at Rs 35 per GB, around 7-8 times of current prices, and for calls at 6 paise per minute along with monthly charges from April 1 to enable it pay statutory dues and make its business sustainable. DCM25 BIZ-RBI-CRR-CREDIT-EXEMONCRR-exempted loans: RBI says deduction only on incremental lendingMumbai: Following some banks seeking clarity on the computation of CRR to be exempted for incremental lending to three specified retail loans, the Reserve Bank has said that the deduction is available only on the equivalent incremental credit to these segments. DEL85 BIZ-LD STOCKSMarkets slump for fifth day on coronavirus woes, F&amp;O expiryMumbai: Equity indices reeled for the fifth straight session on Thursday, pressured by a sell-off in bank, IT and energy counters, as the global markets grappled with fears of the coronavirus outbreak turning into a pandemic. DCM46 BIZ-SEBI-GITANJALISebi imposes Rs 5 cr fine on Mehul Choksi, Gitanjali Gems, another individualNew Delhi: Regulator Sebi on Thursday slapped a total fine of Rs 5 crore on fugitive businessman Mehul Choksi, Gitanjali Gems and another individual for violating various regulations, including listing norms.DCM17 BIZ-VODAIDEA-GOVTNot in sound financial state; can meet liabilities only with govt support: Voda Idea New Delhi: Troubled Vodafone Idea has written to the telecom department expressing its inability to pay full AGR dues unless the government takes urgent measures, including allowing staggered payment, reduction in levies and implementation of floor prices in the crisis-ridden sector. DCM28 BIZ-CORONAVIRUS-CHICKENSALES'Chicken sales down 50%, prices by 70% in India on coronavirus rumour'New Delhi: Chicken sales in India have come down over 50 per cent and prices by 70 per cent in the last one month as speculation swirled on social media that chicken causes coronavirus disease, denting both demand and prices, a top Godrej Agrovet official said on Thursday. DEL90 BIZ-RUPEE-CLOSERupee settles 6 paise higher at 71.59 against US dollarMumbai: The Indian rupee finished 6 paise higher at 71.59 (provisional) against the US dollar on Thursday amid easing crude oil prices and weakening of the greenback overseas. DCM18 BIZ-ECONOMY-ANIL AGARWALLight at end of tunnel, Indian economy will bounce back, says Anil AgarwalNew Delhi: Indian economy will soon bounce back from its worst showing in 11 years as a steep cut in taxes will help attract investments and the massive infrastructure spending revives economic activity, mining baron Anil Agarwal said.DCM5 BIZ-NCLAT-FLIPKARTNCLAT sets asides insolvency proceedings against FlipkartNew Delhi: The National Company Law Appellate Tribunal (NCLAT) has set aside the order of the NCLT to initiate insolvency proceedings against e-commerce major Flipkart. DCM16 BIZ-NEW ZEALAND-INDIANew Zealand for bilateral trade pact with India if New Delhi does not join RCEPNew Delhi: New Zealand on Thursday said it will look forward to a bilateral trade agreement with India in case New Delhi does not join the China-backed mega trade deal RCEP. DCM48 BIZ-LD HPCL-ONGC-ACQUISITIONONGC, HPCL buy out bankers in Petronet MHB for Rs 371 crNew Delhi: State-owned Oil and Natural Gas Corp (ONGC) and its subsidiary Hindustan Petroleum Corp Ltd (HPCL) have bought out lenders in Petronet MHB Ltd, the firm that owns a petroleum product pipeline in Mangalore, for about Rs 371 crore. SHWSHW

Business highlights

New Delhi, Feb 3 () Realty firm Godrej Properties on Monday reported a 9.2 per cent increase in its consolidated net profit at 45.49 crore for the quarter ended December 31, 2019.
 The company had posted consolidated net profit (after tax) of Rs 41.63 crore in the year-ago period, Godrej Properties said in a regulatory filing.
 The consolidated income of the company during October-December quarter increased to Rs 517.47 crore, over Rs 430.70 crore in the year-ago period.
 Shares of Godrej Properties were trading at Rs 1,068 a piece on BSE, up 7.96 per cent from the previous close. SID DRR

Godrej Properties Q3 net up 9 pc at Rs 45 cr

New Delhi, Feb 23 () Realty firm Godrej Properties sold properties worth Rs 3,532 crore during the April-December 2019 period, up 12 per cent as compared with a year-ago period. According to an investors' presentation, the company's sales bookings stood at Rs 3,155 crore during April-December 2018. In terms of volume, Mumbai-based Godrej Properties sold nearly 52 lakh sq ft area, an increase of 3 per cent from the corresponding period of the previous year. Out of the total sales bookings of Rs 3,532 crore achieved during the first nine months of this financial year, the housing segment contributed Rs 3,471 crore. Sales of commercial properties stood at Rs 61 crore. As per the presentation, the company's net debt stood at Rs 1,089 crore. Godrej Properties has posted a 9 per cent increase in its consolidated net profit at Rs 45.46 crore for the quarter ended December as against Rs 41.63 crore a year ago. Total income rose to Rs 517.47 crore in the third quarter of this financial year as compared to Rs 430.7 crore in the corresponding period of the previous year. Earlier this month, Godrej Properties announced an acquisition of nearly 27 acre land parcel at Ashok Vihar in the national capital for Rs 1,359 crore to develop a luxury housing project. MJH HRS

Godrej Properties sells properties worth Rs 3,532 cr during Apr-Dec of FY20

New Delhi, Feb 3 () Shares of realty firm Godrej Properties Ltd on Monday jumped over 8 per cent after the company reported a 9 per cent increase in consolidated net profit for the quarter ended December.
 The scrip climbed 8.29 per cent to close at Rs 1,071.30 on the BSE. During the day, it zoomed 9.74 per cent to Rs 1,085.70.
 On the NSE, it zoomed 7.88 per cent to close at Rs 1,067.95.
 Godrej Properties on Monday reported a 9 per cent increase in consolidated net profit at Rs 45.46 crore for the quarter ended December on higher income.
 Its net profit stood at Rs 41.63 crore in the year-ago period.
 Total income rose to Rs 517.47 crore in the third quarter of this fiscal as compared to Rs 430.7 crore in the corresponding period of the previous year, the company said in a regulatory filing. SUM SHW
SHW

Godrej Properties shares zoom over 8 pc after Q3 earnings

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 Ruling the petrochemicals, oil and gas sector in India, Mukesh Ambani has a net worth of $47.3 B. He is the chairman of $90 B enterprise in the giant of Oil and Gas domain called as Reliance Industries. Reliance also is one of the leaders in the telecom market in India that serves more than 300 million customers with free domestic calls, cheap data services and free smartphones. 2. <keyword id="6419840" type="PERSON" weightage="20" keywordseo="Azim-Premji">Azim Premji</keyword> 
 
 
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 The third richest man in India, Lakshmi Mittal has a net worth of $18.3 B. He is a leader in the steel industry in India. He is the CEO of the world’s biggest steel manufacturing company Arcelor Mittal. In November 2018, his firm completed the $2.1 billion acquisition of Ilva, Italy’s steel group. 4. Hinduja brothers 
 
 
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 Hinduja brothers, the fourth richest persons in India with a net worth of $18 B own establishments with diversified interests dealing with lubricants, banking and cabling industries. 5. <keyword id="6689214" type="PERSON" weightage="20" keywordseo="pallonji-mistry">Pallonji Mistry</keyword> 
 
 
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 Kumar Birla with a net worth of $12.5 B is the head of Aditya Birla Group dealing with diversified offerings namely cement, aluminium, telecom and financial services. In 2018, his firm Idea Cellular acquired Vodafone India, India’s largest telecom firm. 10. Gautam Adani 
 
 
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 See also: <a href="https://www.businessinsider.in/the-top-10-richest-person-in-india/articleshow/68352802.cms">Meet the top 10 richest people in India</a> <a href="https://www.businessinsider.in/These-are-the-10-richest-people-in-India/articleshow/65957318.cms">These are the 10 richest people in India</a>

You Searched For "godrej agrovet gets 47" and got 12 results

Temasek investment arm sells Godrej Agrovet shares worth Rs 204 cr

PTI

Telangana govt allots Godrej Agrovet 47,000 acres for oil palm plantation

ANI

Godrej Agrovet posts Rs 51 cr net profit in Q3

PTI

'Chicken sales down 50%, prices by 70% in India on coronavirus rumour'

PTI

Godrej Industries Q3 net at Rs 216.32 cr

PTI

Agriculture-related stocks rally after fresh guidelines from govt on lockdown

PTI

Top stocks to watch — RIL, TCS, HCL Tech, Zee Entertainment, BPCL, Bharat Dynamics, HAL, Bharat Forge, and others

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Business highlights

PTI

Godrej Properties Q3 net up 9 pc at Rs 45 cr

PTI

Godrej Properties sells properties worth Rs 3,532 cr during Apr-Dec of FY20

PTI

Godrej Properties shares zoom over 8 pc after Q3 earnings

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Meet India's top 10 Businessmen in 2019

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