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Coromandel International Ltd News

Are chemical & fertiliser shares ready for fresh rally? Key levels here

Chemical & fertiliser stocks rallied up to 30 per cent in June, thereafter, most of them corrected on account of profit-taking. Will the rally resume in July? Here's what the technical charts suggest.

Are chemical & fertiliser shares ready for fresh rally? Key levels here
Updated On : 01 Jul 2024 | 10:24 AM IST

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days

In the derivatives segment, stocks such as India Cement, GMR Infra, Chambal Fertilizers seem to have witnessed long unwinding in recent trading sessions owing to the sharp rally in share prices.

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days
Updated On : 21 Jun 2024 | 11:59 AM IST

Fertiliser shares extends rally; RCF, NFL, FACT, Deepak zoom up to 20%

Ind-Ra opines the credit profile of fertiliser players will remain comfortable in FY25, driven by the government of India's continued policy-level support to the industry.

Fertiliser shares extends rally; RCF, NFL, FACT, Deepak zoom up to 20%
Updated On : 20 Jun 2024 | 2:28 PM IST

Fertiliser shares rally up to 12%; RCF, Chambal, Coromandel hit 52-wk highs

Ind-Ra opines the credit profile of fertiliser players will remain comfortable in FY25, driven by the GoI's continued policy-level support to the industry by way of the healthy subsidy budget.

Fertiliser shares rally up to 12%; RCF, Chambal, Coromandel hit 52-wk highs
Updated On : 19 Jun 2024 | 2:01 PM IST

These 3 F&O stocks have seen up to 35% long buildup; trading guide here

In the last four days, one out of every 3 futures & options stocks has gained more than 10 per cent as the Nifty surged 6.3 per cent in the post Lok Sabha 2024 verdict cheer.

These 3 F&O stocks have seen up to 35% long buildup; trading guide here
Updated On : 11 Jun 2024 | 9:31 AM IST

Coromandel International launches 10 new products to boost crop yields

Agro-chemical firm Coromandel International on Friday introduced 10 new products, including patented ones, to boost crop yield and protect harvests from pests and diseases. The new products include an innovative neem-coated bio plant and soil health promoter and five generic formulations, offering comprehensive crop protection solutions for Indian farmers, the company said in a statement. Coromandel has partnered with Japan's ISK to launch Prachand, a patented product using Japanese technology to protect paddy crops from pests like stem borers and leaf folders that can cause up to 70 per cent yield losses. It has also developed a formulation to effectively combat fall armyworm, a highly destructive pest that damages up to 30 per cent of the corn crop annually in India. Two new patented fungicides aim to improve crop health and yields - one offers long-lasting control of sheath blight disease in rice, while the other provides both surface and systemic action against diseases in ...

Coromandel International launches 10 new products to boost crop yields
Updated On : 24 May 2024 | 6:22 PM IST

Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore

Coromandel will invest Rs 150 crore through a fresh issue of shares to increase its overall shareholding in Dhaksha to 58 per cent. Dhaksha, incorporated in 2019 and headquartered in Chennai

Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore
Updated On : 13 May 2024 | 7:08 PM IST

Coromandel expands agtech footprint, increases shareholding in Ecozen

With this, Coromandel has increased its shareholding in Ecozen to 5.54 per cent, an increase of 3.13 per cent. Ecozen is known for its innovative and sustainable solutions

Coromandel expands agtech footprint, increases shareholding in Ecozen
Updated On : 06 May 2024 | 4:39 PM IST

Coromandel International to invest Rs 1,000 cr to set up plant in Andhra

Coromandel International, which is mainly in the fertiliser business, will invest Rs 1,000 crore to set up a plant to produce phosphoric and sulphuric acid at Kakinada in Andhra Pradesh. In a regulatory filing, the company said it has "commenced the project activity to set up its Phosphoric Acid-Sulphuric Acid complex facility at Kakinada". The company's Executive Chairman Arun Alagappan participated in the groundbreaking ceremony on April 26. "With an estimated outlay of Rs 1,000 crore, the project is expected to be commissioned in two years' time. The proposed 650 tonnes per day (tpd) phosphoric acid facility is designed with advanced DA-HF (Dihydrate Attack-Hemihydrate Filtration) process technology and automated DCS system," it said. This will enhance backward integration capacities and provide stable supplies of phosphoric acid for its fertiliser manufacturing by replacing more than 50 per cent of the Kakinada plant's imported acid requirement. The company also plans to set u

Coromandel International to invest Rs 1,000 cr to set up plant in Andhra
Updated On : 29 Apr 2024 | 7:18 PM IST

Coromandel International Q4 results: Profit falls 35% to Rs 163 crore

Revenue from operations fell about 28% to Rs 3,913 crore, making it the company's fourth consecutive quarter of decline

Coromandel International Q4 results: Profit falls 35% to Rs 163 crore
Updated On : 25 Apr 2024 | 4:41 PM IST

Arun Alagappan appointed as executive chairman of Coromandel International

His appointment comes as A. Vellayan retires from the position of chairman and non-executive director with effect from the close of Wednesday

Arun Alagappan appointed as executive chairman of Coromandel International
Updated On : 25 Apr 2024 | 5:45 PM IST

Coromandel Int'l delivers 200 drones to women SHGs to modernise farming

Prime Minister Narendra Modi virtually hand over 1,000 drones, including 200 drones supplied by Coromandel International, to the members of various SHGs

Coromandel Int'l delivers 200 drones to women SHGs to modernise farming
Updated On : 11 Mar 2024 | 4:59 PM IST

No ammonia emission in Ennore plant area in Dec: Coromandel International

An expert who conducted the audit stated that the chances of line pressurisation beyond the design condition are not a credible scenario

No ammonia emission in Ennore plant area in Dec: Coromandel International
Updated On : 26 Feb 2024 | 5:40 PM IST

Coromandel International Q3 results: Net profit down 57% at Rs 228 cr

The Nutrient Based Subsidy (NBS) rates for the Rabi season underwent a steep downward revision which, coupled with the rising raw material prices, further impacted the industry's performance

Coromandel International Q3 results: Net profit down 57% at Rs 228 cr
Updated On : 30 Jan 2024 | 10:21 PM IST