Coromandel International gains on inaugurating advanced soil, leaf testing laboratory in Andhra Pradesh
Coromandel International is currently trading at Rs. 1858.60, up by 1.50 points or 0.08% from its previous closing of Rs. 1857.10 on the BSE.
The scrip opened at Rs. 1860.05 and has touched a high and low of Rs. 1879.20 and Rs. 1857.60 respectively. So far 541 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1977.10 on 06-Jan-2025 and a 52 week low of Rs. 1025.05 on 27-Feb-2024.
Last one week high and low of the scrip stood at Rs. 1899.80 and Rs. 1804.30 respectively. The current market cap of the company is Rs. 54919.02 crore.
The promoters holding in the company stood at 57.17%, while Institutions and Non-Institutions held 29.02% and 13.81% respectively.
Coromandel International has inaugurated an advanced Soil and Leaf Testing Laboratory at its plant in Kakinada, Andhra Pradesh. Equipped with state-of-the-art technologies, this facility is designed to provide precise soil and plant nutrient analysis, helping farmers across India better understand their soil and its nutrient composition. This empowers them to make informed decisions on agri-input usage, promoting sustainable agricultural practices while safeguarding soil health for future generations.
The laboratory features advanced equipment such as Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES), which provides precise detection of essential soil and plant nutrients; Energy Dispersive X-ray Fluorescence (ED-XRF) which enables detailed leaf nutrient analysis. Other advanced technologies present at the lab include spectrophotometers, microwave digesters, and near-infrared spectrometers, ensure comprehensive and precise testing capabilities.
These tools provide farmers with valuable insights into soil health and nutrient availability, allowing them to adopt precise agricultural practices that optimize fertilizer usage. By addressing nutrient deficiencies, improving crop yields, and minimizing unnecessary input costs, the laboratory supports long-term soil health and sustainable agriculture.
Coromandel International is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain.
