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Auto, defence, other stocks unimpressed by moderate budget allocations

Fertiliser, defence, railway stocks were disinterested by budget announcements ....

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Coromandel International trades flat: What dragged the stock down 15% this month

The shares of National Fertilisers, RCF and Chambal Fertilisers however are seen trading with optimism ahead of the budget (interim) day up by 2.45 percent, 1.68 percent and 1.94 percent respectively. ....

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Budget Snapshot | Benign raw material prices to keep fertiliser subsidy bill in check

Despite the rise in late 2023, raw material prices are notably lower than the 2022 highs ....

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3 fertiliser stocks gain over 20% in 1 month as high-frequency trading firms drive up volumes

The heightened activity in fertiliser stocks also comes ahead of Union Budget 2024. This is a general trend as the buzz around fertiliser subsidy gets stronger ahead of Budget. ....

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Sanjiv Bhasin | Sanjiv Bhasin stocks: Time for Tata Steel, Hindalco to join metal rally; prefer Ashok Leyland to Tata Motors: Sanjiv Bhasin

“Tata Motors, Maruti, TVS and Hero MotoCorp are all hitting new highs. But rather than Hero, I will go with Bajaj Auto. And not Tata Motors, I would put my money on Ashok Leyland. They have garnered more market share. Tata Motors is the institutional favourite but I would put my money on Ashok Leyland.” ....

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