Companies tapping younger workforce to bring senior colleagues up to date with GenAI, social media and consumer trends
Coromandel International stock rose as much as 5.60 per cent in intraday deals to hit a fresh all time high of Rs 1,779.90 per share.
According to the company, by 2030, the country's drone market is expected to grow to around $3 billion in size, compared to around Rs 800-900 crore now
The company's net profit after tax fell to Rs 311 crore ($37.05 million) for the April-June quarter from Rs 494 crore a year earlier
Prior to this, Sankarasubramanian was the executive director - nutrient business of the company
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.
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.
The overall revenue for March quarter came in at Rs 3,910 crore and was down 29 per cent Y-o-Y, due to lower subsidy and reduced volumes in the fertilizer segment
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.
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.
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 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
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 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
Revenue from operations fell about 28% to Rs 3,913 crore, making it the company's fourth consecutive quarter of decline
His appointment comes as A. Vellayan retires from the position of chairman and non-executive director with effect from the close of Wednesday
Prime Minister Narendra Modi virtually hand over 1,000 drones, including 200 drones supplied by Coromandel International, to the members of various SHGs
As we enter the rabi season, a good monsoon is expected, leading to robust sowing and increased fertiliser use. Overall, the year should be positive, with early June rains forecasted
An expert who conducted the audit stated that the chances of line pressurisation beyond the design condition are not a credible scenario
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