According to Geojit, Farmers in Gujarat have sown kharif crops over 8.45 mln ha as of today, up 1.5% from 8.32 mln ha a year ago, according to state government data.
According to Geojit, Farmers in Andhra Pradesh have sown kharif crops over 2.05 mln ha as of Wednesday, down 25% from 2.73 mln ha last year, according to data from the state government.
Geojit is bullish on Samvardhana Motherson International has recommended buy rating on the stock with a target price of Rs 116 in its research report dated September 05, 2023.
According to Geojit, The area under kharif crops across the country in the 2023-24 (Jul-Jun) season so far is at 107.8 mln ha, a tad higher than 107.3 mln ha a year ago, according to data from the Department of Agriculture and Farmers Welfare.
According to Geojit, Data from the Department of Agriculture and Farmers Welfare show that 105.4 million hectares of land have been planted with kharif crops so far in the 2023–24 (Jul–Jun) season, up from 105.0 million ha during the same time last year.