Coromandel International Ltd News

PB Fintech, Lloyds Metals, FSL among 12 BSE500 stocks hit record highs

Shares of Eicher Motors, Anant Raj, Coromandel Int'l, Ipca Labs, and Lupin, among others too hit new record highs as the markets rallied higher

Ajit Mishra of Religare Broking says buy Coromandel, Granules stocks today

Nifty Today, Stocks to Buy Today: The Nifty has breached a critical support level at 24,300, and the sharp decline in the banking sector is exacerbating the weakness

Why fertiliser shares zoomed up to 7% in trade on Dec 17; check reason here

The catalyst for this rally in fertiliser shares was the anticipated increase in the price of Di-Ammonia Phosphate (DAP), the second most widely used fertiliser in India after urea

Stock market crash over? Mid-, Small-caps surge; 5 key scrips to track

Broader indices have outperformed the Sensex and Nifty amid the recent market recovery, rallying up to 12% from November lows. These 5 mid-, small-cap stocks could swing up to 19% from present levels.

Coromandel Int'l, IFDC join hands to boost innovation in fertiliser sector

The collaboration marks a significant step towards addressing critical challenges in agriculture by introducing next-generation fertilisers

Coromandel International to acquire additional 8.82% stake in BMCC

Agro-chemicals firm Coromandel International on Wednesday announced the acquisition of an additional 8.82 per cent equity stake in Senegal-based rock phosphate mining company BMCC through its wholly-owned subsidiary. With this, the company's overall shareholding in Baobab Mining and Chemicals Corporation (BMCC) will increase to 53.8 per cent. "Coromandel will invest USD 3.84 million (Rs 32 core) in BMCC, besides a loan infusion of USD 6.5 million (Rs 54 crore) to fund expansion projects and meet working capital requirements," Coromandel International said in a statement. Rock phosphate is a critical raw material for manufacturing Phosphoric Acid, an intermediate used for Phosphatic fertiliser production. BMCC, incorporated in 2011, has a renewable exploitation permit for processing phosphate ore and Coromandel acquired a 45 per cent stake in September 2022. The company has since stabilised mining operations and is currently commissioning a fixed processing plant to optimise rock ..

Nifty to gain upside momentum above 25,500; MphasiS, OFSS see short buildup

Derivatives market update for Sept 19: Options data hint that short term support for Nifty is at 25,250; while upside momentum is expected above 25,500, says Sahaj Agarwal of Kotak Securities.

Coromandel Int'l stock hits all time high on resuming ops at Chennai plant

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.

Coromandel Intl bets big on agricultural drone market through Dhaksha

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

Coromandel International Q1 results: Profit drops 37.1% to Rs 311 cr

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

Coromandel International board appoints Sankarasubramanian as new MD & CEO

Prior to this, Sankarasubramanian was the executive director - nutrient business of the company