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India`s National Fertilizers posts Q2 profit on lower costs India's National Fertilizers reported a profit in the second quarter on Monday as lower costs helped cushion the impact of lower product prices. The state-run agricultural chemicals maker reported a consolidated profit of 120.7 million rupees ($1.4 million) for the quarter ended Sept. 30, compared to a loss of 871 million rupees a year ago. Revenue fell 22.4% to 43.90 billion rupees, while total expenses declined 24.4% to 44.18 billion rupees. For further highlights, click KEY...
India`s National Fertilizers posts Q2 profit on lower costs
India`s National Fertilizers posts Q2 profit on lower costs
Source: Reuters
2024-11-11 05:12:49 pm
Stock of the day : Gujarat Narmada Valley Fertilizers & Chemicals Ltd For Target Rs. 750 - Religare Broking Gujarat Narmada Valley Fertilizers & Chemicals Ltd * We are seeing a decent traction in chemical & fertilizers space and GNFC is offering a fresh buying opportunity. * The stock rebounded from the lower end of the symmetric triangle pattern while reclaiming its 20 week EMA. * It has formed a buying pivot by registering a breakout from a consolidation range and downward sloping resistance trend line. * Traders can consider longs in the mentioned range.   Buy&...
Stock of the day : Gujarat Narmada Valley Fertilizers & Chemicals Ltd For Target Rs. 750 - Religare Broking
Stock of the day : Gujarat Narmada Valley Fertilizers & Chemicals Ltd For Target Rs. 750 - Religare Broking
Source: Religare Broking
2024-10-03 11:35:56 am
Bharat Agri Fert & Realty gains on launching high rise tower in Thane Bharat Agri Fert & Realty is currently trading at Rs. 101.95, up by 0.73 points or 0.72% from its previous closing of Rs. 101.22 on the BSE. The scrip opened at Rs. 104.00 and has touched a high and low of Rs. 105.00 and Rs. 100.20 respectively. So far 269979 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 132.45 on 22-Feb-2024 and a 52 week low of Rs. 76.99 on 04-Jun-2024. Last one week high and low of the ...
Bharat Agri Fert & Realty gains on launching high rise tower in Thane
Bharat Agri Fert & Realty gains on launching high rise tower in Thane
Source: Accord Fintech
2024-07-16 12:47:43 pm
India`s Coromandel International posts 35% fall in Q4 profit on soft agrochemical demand Indian agricultural chemicals firm Coromandel International reported a nearly 35% fall in fourth-quarter profit on Thursday, hurt by subdued demand in its mainstay fertilizer and nutrient chemicals business. Net profit fell to 1.60 billion rupees ($19.2 million) for the quarter ended March 31 from 2.46 billion rupees a year earlier. Revenue from operations fell about 28% to 39.13 billion rupees, making it the company's fourth consecutive quarter of decline. For further results hi...
India`s Coromandel International posts 35% fall in Q4 profit on soft agrochemical demand
India`s Coromandel International posts 35% fall in Q4 profit on soft agrochemical demand
Source: Reuters
2024-04-25 04:15:34 pm
India to stop importing urea by end of 2025: Mansukh Mandaviya Chemicals and Fertilisers Minister Mansukh Mandaviya has said that India is planning to stop importing urea by the end of 2025 as a massive push for domestic manufacturing has helped bridge the gap between supply and demand. He noted that the availability of fertilisers is very important for Indian agriculture. He also said the country has been using chemical fertilisers for the last 60-65 years to enhance crop production. He said now the government is making efforts to promote alternate fert...
India to stop importing urea by end of 2025: Mansukh Mandaviya
India to stop importing urea by end of 2025: Mansukh Mandaviya
Source: Accord Fintech
2024-04-08 11:15:38 am
Meghmani Organics shines as its arm inaugurates Nano Urea Plant in Ahmedabad Meghmani Organics is currently trading at Rs. 93.94, up by 4.22 points or 4.70% from its previous closing of Rs. 89.72 on the BSE. The scrip opened at Rs. 90.91 and has touched a high and low of Rs. 95.80 and Rs. 90.91 respectively. So far 190886 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 104.50 on 26-Feb-2024 and a 52 week low of Rs. 71.68 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs...
Meghmani Organics shines as its arm inaugurates Nano Urea Plant in Ahmedabad
Meghmani Organics shines as its arm inaugurates Nano Urea Plant in Ahmedabad
Source: Accord Fintech
2024-03-07 12:31:15 pm
Deepak Fertilisers zooms on inking long-term supply agreement with Equinor Deepak Fertilisers And Petrochemicals Corporation is currently trading at Rs. 529.70, up by 35.30 points or 7.14% from its previous closing of Rs. 494.40 on the BSE. The scrip opened at Rs. 518.65 and has touched a high and low of Rs. 546.00 and Rs. 512.50 respectively. So far 317156 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 715.00 on 19-Dec-2023 and a 52 week low of Rs. 484.00 on 13-Feb-2024. Last one we...
Deepak Fertilisers zooms on inking long-term supply agreement with Equinor
Deepak Fertilisers zooms on inking long-term supply agreement with Equinor
Source: Accord Fintech
2024-02-20 11:49:45 am
Fertilisers stocks surge as Goverment allows profit margin of up to 12% for manufacturers of potassium and potassic fertilisers Fertilisers industry stocks rise after the Ministry of Chemicals and Fertilisers’ statement that that the government has allowed a profit margin of up to 12 per cent for manufacturers of potassium and potassic fertilisers as part of guidelines issued to evaluate the reasonableness of maximum retail prices for these fertilisers. Fertilisers And Chemicals Travancore is currently trading at Rs. 860.45, up by 13.40 points or 1.58% from its previous closing of Rs. 847.05 on the BSE. Ch...
Fertilisers stocks surge as Goverment allows profit margin of up to 12% for manufacturers of potassium and potassic fertilisers
Fertilisers stocks surge as Goverment allows profit margin of up to 12% for manufacturers of potassium and potassic fertilisers
Source: Accord Fintech
2024-01-31 02:47:21 pm
Government`s fertiliser subsidy bill likely to decline 30-34% to Rs 1.7-1.8 lakh crore this fiscal: Mansukh Mandaviya In line with fall in global prices and lower imports of urea, chemicals and fertilizers minister Mansukh Mandaviya has said that the government's fertiliser subsidy bill is likely to decline 30-34 per cent to Rs 1.7-1.8 lakh crore this fiscal. Talking about any adverse impact on imports due to problems in Red sea, the minister asserted ‘there is no shortage of fertilisers in the country’. Mandaviya highlighted that the urea imports are estimated at 40-50 lakh tonnes this fi...
Government`s fertiliser subsidy bill likely to decline 30-34% to Rs 1.7-1.8 lakh crore this fiscal: Mansukh Mandaviya
Government`s fertiliser subsidy bill likely to decline 30-34% to Rs 1.7-1.8 lakh crore this fiscal: Mansukh Mandaviya
Source: Accord Fintech
2024-01-18 11:11:01 am
India may earmark $48 billion for next year's food, fertiliser subsidies  India may earmark about 4 trillion rupees ($48 billion) for food and fertiliser subsidies for the next fiscal year, two government sources said, indicating fiscal caution ahead of this year's general election. Food and fertiliser subsidies account for about one-ninth of India's total budget spending of 45 trillion rupees during the current fiscal year that ends on March 31. The Ministry of Consumer Affairs, Food and Public Distribution has estimated next year's food su...
India may earmark $48 billion for next year's food, fertiliser subsidies
India may earmark $48 billion for next year's food, fertiliser subsidies
Source: Reuters
2024-01-17 11:59:43 am
Coromandel says normalcy restored after ammonia leak at Chennai plant Coromandel International said on Wednesday that normalcy has been restored at its Ennore Plant in Chennai after reports of an ammonia gas leak. “As part of routine operation, we noticed abnormality on 26/12/2023 at 23.30 hrs in the ammonia unloading subsea pipeline near shoreside, outside the plant premises. Our Standard Operating Procedure activated immediately, and we have isolated ammonia system facility and brought the situation to normalcy in the shortest time,” the compan...
Coromandel says normalcy restored after ammonia leak at Chennai plant
Coromandel says normalcy restored after ammonia leak at Chennai plant
Source: IANS
2023-12-27 12:56:47 pm
Mid Cap : Buy Coromandel International Ltd For Target Rs.1,299 - Geojit Financial Volume trims topline.. Margins supports bottom line Coromandel International Ltd. (CRIN) is one of the leading private sector fertilizer manufacturers in the country. CRIN is one of the key producers of NPK and SSP grade fertilizers. • Despite flat EBITDA growth, margin improved by 470bps to 15.2%% YoY, owing to stable RM prices and backward integration. • During Q2, CRIN launched neem-oil-based biopesticides and planned to launch non-neem-based biopesticides in H2FY24. ...
Mid Cap : Buy Coromandel International Ltd For Target Rs.1,299 - Geojit Financial
Mid Cap : Buy Coromandel International Ltd For Target Rs.1,299 - Geojit Financial
Source: Geojit Financial Services Ltd
2023-11-21 03:56:23 pm