Watch out for these Agriculture Sector stocks that have risen over 58 per cent in just 1 month; do you own any?
BSE Sensex Index is up by 0.76 per cent at 61,112.44 and NSE Nifty-50 Index is up by 0.84 per cent at 18,065.
On Friday, the domestic indices ended the day higher. BSE Sensex Index is up by 0.76 per cent at 61,112.44 and NSE Nifty-50 Index is up by 0.84 per cent at 18,065. The BSE FMCG Index was up by 1 per cent in 1 day and over 5 per cent in just 1 month.
India is one of the major players in the agriculture sector worldwide and it is the primary source of livelihood for – 55 per cent of India’s population. India has the world's largest cattle herd (buffaloes), the largest area planted for wheat, rice, and cotton, and is the largest producer of milk, pulses, and spices in the world.
According to Inc42, the Indian agricultural sector is predicted to increase to USD 24 billion by 2025. Indian food and grocery market is the world’s sixth largest, with retail contributing 70 per cent of the sales.
Following are the Agriculture Sector stocks that have risen over 58 per cent in just 1 month:
Do you hold any of these stocks in your portfolio?