Dharmaj Crop Guard Stock: June 2026 Quarter Results, Margin Expansion, And Stock Price Outlook

The Bitter Truth of the Indian education system is that it has completely side-lined capital markets as a subject altogether. The knowledge is not integrated, it is not taught as a life-skill and furthermore, the educational institutions lack the much-needed regulations. This one of the reasons why most of the students are not conscious of the prominent and elite career opportunities present in the scope of the stock markets.

In the recent decade, a shortage of trained professionals in the financial market has prompted the need for specialized professionals in various verticals ranging from stock traders to venture capital analysts.

It is good to see many enthusiastic and young people from other professions are interested in checking their luck in the Stock Market. However, specific precautionary steps are necessary before considering Trading as a full-time profession even if you have decent success as a Trader as the Market situations always change. Besides, I have noticed people attracted to the luxuries available in Trading, and sometimes they plan to jump to Full-time trading to avoid the problems in their current profession.

In India, many young adults refrain themselves from any investing decisions until their financial situation becomes, at least theoretically, more stable and therefore, a small chunk of the population is exposed to the equity investment compared to other developing countries, and we see immense opportunities lying out there in the stock market considering the phenomenal growth in the last decade or so.

Stock Market Represents Health of Any Economy

As the stock market is one of the key barometers that represent the health of any economy, the growth story of India coupled with the current low rate of penetration in the stock market suggests that there will be increased demand for professionals in this sector.

For people who are interested in making a career in the stock markets, the opportunities are plentiful. For instance, one could work with a buy-side firm such as a mutual fund, hedge fund, pension fund etc., or with a sell-side firm such as a broker, an advisory firm, an investment bank etc.

Apart from the diversity of companies that employ people willing to work in the stock market, the positions for which these companies hire is also just as diverse. For instance, companies hire for the position of a Fundamental Analyst, Technical Analyst, Risk Analyst, Derivatives Analyst, Investment Banker, Mutual Fund Manager, Hedge Fund Manager, Wealth Manager, Economist, Financial Planner, Trader, Dealer, Systems Developer etc. The list simply goes on such as the diversity of working in the stock market.

On the education front, there are a lot of finance-related courses that one could pursue to make a career in the stock market. The internationally recognized ones the Chartered Financial Analyst (CFA) program, the Financial Risk Manager (FRM) program, the Chartered Market Technician (CMT) program, the Chartered Alternative Investment Analyst (CAIA) program, the Certified Financial Planner (CFP) program, Master of Finance, Master of Business Administration with specialization in Finance, etc. Pursuing one or more of these courses opens the door for entering the highly competitive world of stock markets.

Besides these courses, there are a lot of short-term courses that are available in India, such as the ones conducted by the NSE and the BSE. NISM certifications are considered to be the standard in the field of trading and investments. They are recognized by the exchange and many of them are mandatory for market participants.

Commerce degrees such as B.COM, BBA/BBM, MBA, PGDF, PGDM etc. have little to no emphasis on stock markets, trading or investing as a subject. These courses are considered to be a standard, and many undergraduates go on to pursue an MBA hoping for a value-add in terms of their employability, but in real terms, it adds little to no value in terms of the knowledge offered. However, there are a handful of institutes that are good.

However, there is a tendency among most aspirants to complete as many degrees as possible to become more employable. Beyond a point, degrees and certificates don’t matter. Hence, it’s best not to focus too much on the theoretical aspect of finance but rather on the practicality which can only be earned with years of experience.

Financial Markets have grown tremendously in the past decade in terms of participants and volumes but a proper education and training system in this industry is still missing.

Trading in the stock market always seems very easy when explained in a theoretical manner, but is it so?

And the answer is no before we start stock trading in the market we should make it very clear how it can be done.

Before anyone enters into the stock market must clear with this few terms which can help them later on.

Secondary Market:-

Its a market place where already-issued securities trade in an electronic manner from one trader/investor to another trader/investor, via electronic transaction. All the transaction takes place on the Stock Exchange, a place where trader & investors purchase & sell listed securities like Shares Debentures & ETF.

Hierarchy of Stock Market:-

The market run in a hierarchy which makes its function smooth, easy to understand & handle.

Securities Exchange Board of India:- Acting as a regulatory body manages the smooth functioning of the market.

Stock Exchange:- A platform where one can do trading in financial securities via electronic mode, major exchanges are NSE BSE & MSEI.

Depository:- An institution registered under depositories Act 1996 for holding, receiving and transferring securities in electronic form.

Broker:- As defined by SEBI an Intermediary who provide a platform to investors & traders to trade on an exchange.

Client:- A client can be defined as any individual Resident / NRI, group of person, Any Financial Institution Foreign / Domestic.

How can you Trade in the Stock Market

The basic requirement for an individual to trade in the stock market is a Demat & Trading Account. Which is opened with a broker who provides us with a platform to trade on stock exchanges.

As a trader or investor, you are having to option to trade In the market you can do online trading as well as offline, In the online process, you can directly access through web portal or application through mobile or laptop, whereas in Offline you need to make a call to the authorized dealer in the brokerage firm and the dealer will submit the order on your behalf.

Daily purchase and sale of shares in the market are termed as Intraday Trading, Whereas Purchasing & holding shares for long tenure is termed as delivery trading.

The market actually runs in two trends Bull phase and Bear Phase, when the market goes on high with positive demand & supply is Bull run, whereas when there are less demand and supply is more the market runs in Bear Phase.

Roaring Bull market hits new highs for a fourth Consecutive Week

We are in a roaring bull market where the Indian market ended with gains for the fifth consecutive week while it was the fourth consecutive week when Nifty/Sensex hits fresh all-time highs. Nifty knocked the high of 13280 whereas Sensex touched the high of 45148 both ended with a gain of more than 2%.

There was gain across the board because all sectors or pockets end on a positive note where the metal index shines with a splendid gain of 8%.

What data are you suggesting?

FIIs are at the driver's seat of this bull run as they again bought around 10,205 cr in the cash market in the last week while DIIs are in the mood of selling where they sold around approximately 6090cr.

On the derivative front, FIIs long exposure in index future stands at 77% vs last week of 82%, but it is still a little elevated level while Put-Call ratio (PCR) is placed at 1.57 mark which is a comfortable mark.

What do technical charts say?

Nifty is in strong bullish momentum where 13000-12950 is an immediate and strong demand zone. We can talk of any kind of profit booking only below this zone while 13450/13600 is the next target level in the upside.

If we talk about the Banknifty then it is trading near the supply zone of 30000-30200 where if it manages to trade above this level then we can expect another leg of the rally towards the 31000-31500 zone while on the downside, 29000 is an immediate and critical support level, below this, we can expect any serious profit booking.

What are the factors to watch out for next week?

• FII's behavior: The key driver of the current rally is FIIs' inflows therefore their behaviour will remain a key factor for the market direction.
• Global market: The direction of the global market will continue to have an impact on our market as we are in a global bull market.
• Updates related to vaccines and new covid19 cases will have an impact on the market.
• Macroeconomic data: On the domestic front, we will have our IIP and CPI data on Friday which can create some kind of volatility in the market.

National Stock Exchange of India Limited (NSE) has launched its first agricultural commodity futures contract for crude degummed soybean oil on December 1 having the trading symbol as DEGUMSOYOIL. The contract with the lot size of 10MT (metric ton) is having monthly expiry that will be settled in cash and Kandla will be held as price basis.

The contract will facilitate the soybean oils processing and allied industries in India and overseas, a perfect hedging tool for managing their price, the National Stock Exchange (NSE) said in a statement.

Vikram Limaye, MD and CEO of NSE, said the exchange is dedicated to deepening the Indian commodity markets by providing convenient and cost-effective onshore hedging products.

India is the largest importer of edible oils in the world. The futures contract will act as a perfect hedging tool for the soybean oils processing and allied industries in India and overseas to manage their price risks.

Basically, Crude Degummed Soybean Oil (CDSO) is produced from soybeans. Most of the free fatty acids and gums naturally present in soybeans are removed by mechanical, physical or sometimes chemical separation. The oil is then degummed for applications or consumption.

KEY FEATURES:

As we can see in NCDEX Soyabean Oil, Indore is the price basis, which does not clearly reflect the price dynamics of imported oil but focuses on domestic production whereas, in the new product of NSE CDSO having Kandla as price basis, it clearly reflects on the dynamics of imported oil as CDSO contract would be suitable for the role of benchmark for Indian Soyabean Oil.

Imported soyabean oil contribute to 2/3^rd of India’s total soyabean oil supply, as almost 3/4^th of total imports originate from Argentina, whereas half of the imports arrive at Kandla port.

The new contract of NSE CDSO will open up the gate for great trades, Arbitraging, Spread and Hedging opportunities.

CONTRACT SPECIFICATIONS:

• Trading Session - Monday to Friday, 9:00 am to 9:00 pm
• Contract Listing – Serial monthly contracts as per launch calendar (shown in next slide)
• Commencement Day - 1st calendar day of the contract launch month. If the 1st calendar day is a holiday then the following working day. (Expiry Day + 1)
• Last Trading Day - Last calendar day of the contract expiry month. If last calendar day is a holiday then preceding working day.
• Trading Unit – 10 MT
• Quotation / Base Value - per 10 Kg
• Tick Size – Re.0.10 (10 paise)
• Price Quote - Ex-tank, Kandla inclusive of all duties and exclusive of GST
• Margins – Initial Margin (as per SEBI guidelines) Refer NSE Clearing circular; ELM – 1%, Additional / Special margins at times of additional volatility
• Final Settlement Price (FSP) – Based on Polled Spot Price (as per SEBI guidelines)
• Settlement Mechanism – Cash Settled (On expiry all the open positions shall be settled in cash as per FSP)

Sources:

www.nseindia.com

www.ulprospector.com

www.financialexpress.com

Gold is the most important and precious financial asset for Indians and worldwide. It is also considered a symbol of wealth and prosperity among Indians because their emotional sentiments are connected with this.

People think that gold is the best investment form to deal with Inflation and they can convert it to cash in case of emergency need of money, it also helps people to take as a Mortgage loan.

But while investing in gold so many points come in our mind that what are the factors which influence the prices of gold? So, below are some important factors which affect gold prices:

Factors Affecting Gold Prices In India:

Demand & Supply:

As it’s very clear for anything which is traded that demand and supply play a vital role in influencing the price of those instruments. Similarly, the demand and supply of Gold play an important role in determining its price. Although gold is not a consumable commodity like Oil, Copper, etc. Historically, Gold mined till date from mines is still available in the world. Also, the production of the gold from the mines is not too high and if in this situation demand will increase so definitely it will increase the prices of the gold. Due to COVID-19 gold mines were impacted all over the world due to lockdown. Mining production fell almost 3% in the first quarter of 2020 from 2015.

Central Bank’s Gold Reserve:

Central banks of the major economies (like the US, China, India, UK, Australia) hold Gold & currency as a part of their reserves for managing trade war and cash flows in their countries. In this kind of situation due to sheer volume either buying or sell by banks may derive the price of gold up or downside.

Import Duty:

Since the contribution of India in world gold production is less than 1 per cent, but it’s the second-largest consumer of gold after China. So, it imports a huge amount of gold to fulfill demand. Therefore, Import Duty plays a crucial role to derive the gold price in India.

Interest Rate Relations:

There is an inverse relation between gold prices and interest rates. If the interest goes up then people start selling gold to get it to liquidate and they take more cash in their hand on the other hand if the interest rate goes down so people start buying gold due to having more cash in their hand to get a good price appreciation of the yellow metals.

Currency Exchange Fluctuation:

As gold is traded in US Dollar in the international market, therefore, when we import gold so all transactions are done in USD then there is a need to convert USD to INR, which fluctuates gold prices in India. If the INR starts depreciating it will make gold costlier and vice versa.

Commodities and equities trading is something that has become common in India by now. But a high potential market which most of the traders and investors are unaware of is the currency market. Currency trading holds great potential of earning profits if the traders are able to spot the right opportunity and can use those opportunities for their benefit.

Things to Know about Currency Trading

Here are 6 top things you should know about currency trading

What is the Currency Market?

The currency market is a market that involves participants from all across the world. The currency market facilitates the buying and selling of different currencies. The major participants of currency trading include commercial banks, the central bank, corporations, various investment management funds, hedge fund managers, forex brokers, and last but not the least investors and traders like you and me.

What is Currency Trading?

Currency trading, as the name suggests, is the buying and selling of international currencies. The banks and financial institutions are often involved in the act of currency trading. Individual investors can also indulge in currency trading as it is legitimate. The profit from currency trading is earned due to the variations in the exchange rate of the currencies.

What are Currency Futures?

Currency market derivatives comprise of currency futures. They are basically exchange-traded futures contracts. The price of the futures contract is set in a specific currency at which another currency can be bought or sold. It is bought or sold at a future pre-determined date just like in the case of futures contracts. They are also referred to as foreign exchange futures. Currency futures are considered to be financial derivatives as the value of the currency futures contracts is derived from the underlying currency exchange rate. Trading in currency futures calls for the initial margin requirement. If the margin falls below the initial margin requirement a margin call is made to the investor, which means, that the investor will be required to deposit the required amount of money to arrive at the maintenance margin.

What are the Currency Options?

Just like an options contract, a currency option is a contract that gives the buyer the right but not the obligation to buy or sell a certain currency at a specified exchange rate in the future. Hence, it gives the right to exercise the contract only if the investor finds the price favorable. This choice is not available in the case of currency futures where the investors have the option to exercise the right.

What are the risks involved in currency trading?

Trading in the currency market is not only risky but also complex at the same time. Some of the risks involved in currency trading in India are as follows:

Interest Rate Risk

Interest rates have an impact on the country’s currency. The difference in currency values can cause dramatic changes in forex prices. Hence, the interest rate plays a potential risk in currency trading.

Leverage Risk

Currency trading is different from equity and commodity trading. It also requires a margin amount as a small investment from the investor. This benefit of leverage allows the traders to have access to a large number of trades. Even a minor fluctuation can result in levying an additional margin requirement to be maintained by the investor. Hence, market volatility paired with aggressive leverage can be highly risky when talking about currency trading.

Credit Risk

The credit risk is related majorly with the banks and financial institutions and has an insignificant role to play in the case of individual traders. Credit risk is when a voluntary or an involuntary action from the counter party results in the non-repayment of the outstanding currency position.

Counterparty Risk

The counterparty is the investor’s asset provider. The risk caused due to defaults in the transactions by the dealers and the brokers is referred to as counterparty risk. An exchange house or a clearinghouse in case of currency trading does not guarantee spot and forward contracts.

The traders and investors must be well aware of these different risks related to forex-trading, before stepping into the market.

What things should one remember while trading in the currency market?

In order to be successful in currency trading, it is essential that the basics, goals, and risk management by the investor is right. There are certain things which currency traders should keep in mind when entering into currency trading.

• Be well aware of your trading style. Every trader has a unique trading style. The currency trading style of the trader is in line with his or her risk profile. Understand your risk and return profile well before you start trading in currencies.
• Be cautious while choosing your broker and the trading platform. In order to be successful in currency trading, it is essential you have a good broker. A good broker will provide you handholding support when talking about forex trading or currency trading in India. He also ensures that you are regularly updated on the live currency market news which further prevents you from suffering losses.
• Be careful about your entry and exit points before you start currency trading. None of the trades, be it equity trading, commodity trading, or currency trading is a sure shot success guarantee plan. You should always be prepared for exiting the market when things are not favorable for you. Always have a good idea about the possible trade scenarios to suffer minimum losses.

Bottom Line‍

Though forex trading online has started gaining popularity lately among traders and investors a set of relevant challenges makes it an equally competitive and risky as well. In order to be successful and make a profit from currency trading, it is essential for the trader to have thorough knowledge and understanding of the domestic as well as of global economies. Last but not the least, be cautious when choosing your broker for currency trading.