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Agriculture stocks gain as government announces MSP for Kharif crops to be 1.5X of cost of produce

01 Feb 2018 Evaluate

Shares of companies related to agriculture business rose after Finance Minister Arun Jaitley announced MSP for Kharif crops to be 1.5X of cost of produce. If prices are lower than MSP then the government has to ensure there are ways to make sure the farmers receive necessary MSP or an apt price for their products.

Kaveri Seed Company is currently trading at Rs. 526.00, up by 10.55 points or 2.05% from its previous closing of Rs. 515.45 on the BSE. The scrip opened at Rs. 520.00 and has touched a high and low of Rs. 526.00 and Rs. 513.40 respectively. So far 39232 shares were traded on the counter.

Godrej Agrovet is currently trading at Rs. 593.65, up by 22.65 points or 3.97% from its previous closing of Rs. 571.00 on the BSE. The scrip opened at Rs. 577.80 and has touched a high and low of Rs. 593.80 and Rs. 569.25 respectively. So far 18453 shares were traded on the counter.

Jain Irrigation Systems is currently trading at Rs. 142.75, up by 2.80 points or 2.00% from its previous closing of Rs. 139.95 on the BSE. The scrip opened at Rs. 142.00 and has touched a high and low of Rs. 142.75 and Rs. 140.70 respectively. So far 988650 shares were traded on the counter.

Kaveri Seed Share Price

924.50 3.85 (0.42%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Venkys India 1589.25
Mangalam Global Ent 12.93
Kaveri Seed 924.50
Regaal Resources 85.04
Simran Farms 165.70
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