AQUACULTURE OUTPUT
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%
The bullish mode and mood of the market, which is already in place on the street as the nifty touched new high, is likely to get a boost as the first indication of return of FPI comes to markets. The budget and the narrative which gets built post that is going to play an important role in that. Maintaining fiscal discipline and announcing continuing policy push for key sectors would be key for that. We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
First Budget of Modi 3.0: 8 stocks which may come into limelight during the Budget speech
Till the budget comes, many would have field day, right from opinion, desire, assessment all being packed as inside news. So, at the outset, we must clarify that this is our assessment based on an assumption that there are certain sectors which will be getting more attention in the first budget of Modi 3.0. The assumption is based on two reasons. First, the government has been focussing on these sectors for some time now and will give it further push so that end results start to get reflected on ground. Second, given the fact that it makes sense to do politically correct things when the whole world is looking at you. Why not make those announcements in the budget itself, because if not in budget these would have come in any case over the next few months. These are mid and small caps stocks which are related to the rural economy which is likely to be in focus for next couple of years as policy makers once again get ready for rural push.
Andhra Pradesh rides the wave, leads India's fishing and aquaculture sector with 41% share
Andhra Pradesh leads India's fishing and aquaculture sector with a 40.9% share. The sector's output increased from Rs 80,000 crore in 2011-12 to Rs 1,95,000 crore in 2022-23. The livestock sector also saw growth, with milk, meat, and egg production rising. Uttar Pradesh and Rajasthan lead in livestock output, while Uttar Pradesh dominates sugar crop production. Bananas surpassed mangoes in value, and potatoes and onions lead vegetable output. Agriculture, forestry, and fishing contributed 18.2% to India's gross value added in 2022-23.
With Odisha and Andhra being governed by NDA 3.0, will Aquaculture, a sector dominated by small caps and troubles, see a turnaround?
When looking at any sector, it is good to know the history of that sector, it helps in bringing the context to the possible investing time frame and also the risks which come with that particular investment. Aquaculture as a sector came into limelight in 1992-93. Best of the names of India Inc of that time entered the sector as the Indian economy was opening up and exports were expected to pick up. It was assumed that given the long coastline the production of shrimps would be an easy business to grow. But reality turned out to be very different and the story is full of troubles. There were multiple reasons, right from the nature of business itself and lack of coordinated and sustained support by the government. But now with NDA 3.0 in power in two states which dominated this sector, will there be a more coordinated effort to bring this industry back on track and turnaround is sustained?
For moderate risk takers: 5 midcap stocks from different sectors with right ratio matrix and upside potential of up to 29%
March was a month where mid-cap were beaten down badly. April till now has shaped up better. Now this flip flop of performance has led to a situation where there is a high probability of investors getting confused about what they should do at this point of time, should one avoid mid-cap space or increase exposure. While it should always be the principle, in times of lack of clarity, buying quality stocks should be basic principles which should guide one's decision. Especially when one is buying mid-cap stocks. The reason, when valuations are not cheap then small corrections in broader can lead to strong negative reaction in stock prices. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.
Not just green, white & blue too: Budget proposal on increasing output of oilseeds, milk & aquaculture products to help India reduce dependence on imports
The Union Cabinet has approved continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF) under Infrastructure Development Fund (IDF) with an outlay of ₹29,610.25 crore till 2025-26. India's aquaculture exports in 2023-24 were flat, after having grown in double digits during the last decade. Industry players say that focus on increasing productivity at the farm level will help improve its global competitiveness by reducing cost of production.
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It was full budget for some: 7 mid and smallcap stocks from fisheries, animal husbandry sector
While it was an interim budget with no change in taxation laws and many other parts, for some sectors it was literally a full budget. The reason, the announcements made for them were pretty similar to what has been done in the past when a full budget is presented. So, when an announcement about fisheries, animal husbandry or rural housing is made, the companies in the whole chain will get impacted in a similar manner had these announcements been made in a full budget. From an perspective of investing what needs to be realized is that in the last couple of years, there has been an effort on the policy level that other parts of the rural economy which are not agricultural related get the boost. Given the fact that it is not an easy task to change the rural income matrix, it might take some time for them to get reflected in the bottomline and not every company in the chain would be able to do it also.
Interim Budget 2024: Fishery announcements could help generate more employment, say industry stakeholders
Industry stakeholders welcome the announcements made by FM on fisheries and expect these steps to help the sector grow faster.
Feeding the world’s livestock: How India may have found an export jackpot
The global animal feed market is giving a push to India’s oilmeal exports, a segment that usually goes under the radar.
Inland fish production jumps over 2-fold in 9yrs to 131 lakh tonnes: Rupala
Addressing a press conference here, Rupala announced that a 'Global Fisheries Conference India 2023' is being organised in Ahmedabad from November 21-22 to discuss immense potential as well as challenges in the sector.
Selectively bullish: 6 midcap stocks with right levels of RoE and upside scope of up to 38%
For all those who are rattled by what happened in the last few weeks to mid-cap stocks in their portfolio, they all should remember one simple principle, mid-cap stocks are risky bets and they should be aware of the risks while buying them. Anyone who has any doubt should look at three months, October 2021, June 2022 and April 2023. The first date is when small and midcap stocks were at their peak and the second i.e. June 2022 is when they were at their lowest. In just nine months a number of them lost all the gains they had made in two years in the covid rally. So while buying mid-cap stocks it would be better to apply more filters. Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Weaving profitability in new global order: 4 stocks from textile sector with upside potential of up to 45%
There are sectors which under perform for years and then they come back to focus. Thanks to the fact that the textile industry was completely dominated by China and other countries, the Indian textile industry has been in bad shape for decades. However, post covid, partially due to China Plus one narrative. Secondly due to the fact that the government has been focusing on manufacturing, textile stocks have come into focus. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.
Agritech startups scale down expansion plans to conserve cash
India is home to 3,000 agritech startups and their role becomes important at a time when exports of major agriculture and processed products are increasing.
Heatwave yet to affect vegetable output, prices
The country has witnessed the hottest ever February this year and the India Meteorological Department has issued warnings of heatwaves from March to May, with temperatures expected to rise 3-5 degree Celsius above normal.
Up to 50% upside scope! 4 stocks that can benefit from govt push for fishery & poultry sector
The government has been focussing on specific industries which don't come under agriculture but still are very important for both increasing the income of marginalised sections in coastal and rural areas. All these efforts will have an impact on the bottomline on companies which are directly or indirectly part of this whole supply chain of fisheries, poultry and related industries. We take a look at 4 such companies and what analyst rating are for them.
Agriculture accelerator fund to help create more jobs: GlobalData research
With the agricultural sector being a key contributor and employer, it received the much-needed push in the Union Budget. India's agricultural and allied sector GVA could rise by 10.2% during 2023-25, it said.
Aquaconnect raises $8 million funding from Trifecta Capital
Aquaconnect works with fish and shrimp farmers to improve farm productivity, financial access, and market linkage through intelligent technology solutions.
FY20 shrimp output may be a record
In 2020 the growth in global shrimp production is coming from China and the US.
India looks to cast its net wider as China’s fish exports face US curbs
China is currently the largest producer of tilapia, with 1.6 million tonnes of the global output of 6 million tonnes. It is also the biggest supplier of tilapia to the US.
Black tiger shrimp output in Kerala increases
It was from 2010 that the black tiger shrimp, an endemic species to south-east Asia, began to face a slump in its traditional reputation as a major variety of cultivated shrimp item in India.
Seafood industry stress on sustainable farming as shrimp output set to fall
The seafood industry feels the need for sustainable aquaculture to counter setbacks and increase production.
Nod for Rs 7.5k crore fund to boost fish output
The government expects to generate employment opportunities for over 9.4 lakh fishermen and other entrepreneurs in allied activities.
India unable to make hay as shrimp shines
The output has declined as farmers had cut production when the prices crashed earlier this year.
Drop in shrimp output rattles feed industry
After reaching peak production of around 4.2 lakh tonnes in 2014-15, the cultured shrimp production fell 12 per cent to 3.75 lakh tonnes last year.
Low shrimp output may hit exports
At a record 3.53 lakh tonnes, farmed vannamei shrimps accounted for 67% of India's seafood export of Rs 33,441 crore in 2014-15.
Government favours PPP mode to boost fisheries, aquaculture
India is the world's top producer of inland aquaculture, but the country still needs to progress in the area of ornamental fishes and other varieties, Singh said.
Seafood exports dip on dull demand
Seafood exports are likely to fall short of $3.5 billion achieved last year due to falling demand and declining catches.
Seafood exports dip on dull demand
Seafood exports are likely to fall short of $3.5 billion achieved last year due to falling demand and declining catches.
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