Paradeep Phosphates Ltd News

Why does Elara Capital prefer fertilisers over agrochemicals? Top bets here

Elara Capital continues to prefer fertiliser companies over their agrochemical counterparts due to several growth opportunities offered by the sector without any meaningful risk

Paradeep Phosphates eyes ₹1,500 cr expansion to double market share by FY26

Fertiliser manufacturer Paradeep Phosphates Ltd (PPL) plans to invest over Rs 1,500 crore in capacity expansion over the next three years, targeting sales of 3 million tonnes in FY26 as it seeks to double its market share in India's 20-million tonnes phosphatic fertiliser sector. The Bhubaneswar-headquartered company, which reported nearly Rs 14,000 crore turnover in FY25, aims to increase its market share from 12 per cent to 25 per cent by expanding production capacity from 2.6 million tonnes to 3.7 million tonnes by 2026. "Fertiliser sales have really picked up early this season with robust growth at retail and farmer levels. The water availability across our marketing areas has been quite good," PPL Managing Director and CEO Suresh Krishnan told PTI in an interview. The PPL's expansion strategy centres on the amalgamation of Mangalore Chemicals & Fertilizers Ltd (MCFL), expected to close in the third quarter of the current financial year. This acquisition will add 7,00,000 ...

Paradeep, Punjab Chem at 52-week high; what's driving agri stocks today?

Shares of agriculture-related companies were in demand on Tuesday on hopes that a normal monsoon could drive healthy demand for agro-chemicals.

FPI-favoured smallcap soars 115% in 4 months, hits record high; do you own?

Shares of Paradeep Phosphates hit a new high of ₹205, surging 8 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes

Rallis, RCF, Deepak Fertilisers rally up to 9%; what's driving agri stocks?

Agri sector outlook: With a growing consumer base, the agri-inputs sector stands poised to benefit from a shift toward more efficient, sustainable practices.