Paradeep Phosphates Ltd

Fertiliser stocks zoom up to 8% on Thursday; here's what fueling the rally

The better-than-expected retail inflation data and expectations of a good monsoon season ahead have lifted the sentiment around fertiliser stocks

Fertiliser stock zooms 79% from March low. Should you book profits or hold?

Shares of Paradeep Phosphates hit a new high of ₹149, gaining 3.5 per cent on the BSE in Thursday's intra-day trade amid heavy volumes in an otherwise weak market.

Smallcap fertiliser stock zooms 53% in 4 weeks on hopes of normal monsoon

In the past two days, the stock price of Paradeep Phosphates soared 16% after the India Meteorological Department (IMD) on Tuesday predicted an "above normal" monsoon in 2025.

Fertiliser stocks in focus; Chambal, RCF, Paradeep, UPL rally up to 7%

Fertiliser companies are set to post healthy earnings growth, driven by volume growth in the Urea biz and sizeable cost savings in producing phosphoric acid for complex fertiliser makers

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

These fertiliser shares can rally up to 23% amid monsoon boom forecast

Shares of fertiliser companies have rallied up to 15 per cent so far in June following above normal monsoon forecast for India; here are four stocks that look strong on charts.

Paradeep Phosphates Q2 results: Net profit up over 76% at Rs 89.43 cr

Paradeep Phosphates Ltd (PPL) on Wednesday clocked a 76.25 per cent jump in net profit at Rs 89.43 crore for the second quarter of the 2023-24 fiscal, on robust income. The company's net profit stood at Rs 50.74 crore in the same quarter previous fiscal year, according to a regulatory filing. The total income increased to Rs 3,683.02 crore during the July-September quarter of the current financial year, from Rs 2,863.69 crore in the year-ago period. The company's overall expenses remained higher at Rs 3,573.64 crore, as against Rs 2,801.81 crore in the said period. According to PPL, fertiliser production rose 25 per cent to 6,51,883 tonnes during the Q2 of this fiscal, from the year-ago period. Fertiliser sales jumped by 78 per cent to 8,07,399 tonnes in the said period. PPL Managing Director S Krishnan said despite less than adequate rainfall, the company achieved good Q2 primary and secondary sales numbers. "With normalization of raw material prices and a concomitant decrease i

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Centre garners Rs 471 crore from stake sale in Paradeep Phosphates

The sale would help Centre to inch towards its Rs 65,000 crore divestment target for financial year 2022-23

Paradeep Phosphates lists at 4% premium; extends rally to gain up to 13%

At 10:07 am; Paradeep Phosphates was trading at Rs 45.85, up 5 per cent from its opening level on the BSE. A combined around 56 million equity shares had changed hands on the BSE and NSE.

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Paradeep Phosphates IPO subscribed 51% day before close on retail interest

Retail investor portion subscribed 91%, HNI 20%; institutional investor category received negligible bids

Paradeep Phosphates IPO gets 29% subscription; retail portion booked 57%

The initial public offer of Paradeep Phosphates was subscribed 29 per cent on the first day of subscription on Tuesday. The IPO received bids for 7,86,87,000 shares against 26,86,76,858 shares on offer, according to data available with NSE. The category for Retail Individual Investors (RIIs) was subscribed 57 per cent and the portion for non-institutional investors attracted 6 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of equity shares aggregating to Rs 1,004 crore and an offer for sale of up to 11,85,07,493 equity shares. As part of the OFS, Zuari Maroc Phosphates Pvt Ltd (ZMPPL) will offload 60,18,493 equity shares and the government of India will sell up to 11,24,89,000 equity shares. The government will be offloading its entire 19.55 per cent stake in the company. Currently, ZMPPL holds 80.45 per cent stake and the government of India owns the rest 19.55 per cent stake in the company. The price range for the offer is at Rs 39-42 per share. On Fr

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IPO-bound Paradeep Phosphates raises Rs 450 crore from anchor investors

Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering.

Paradeep Phosphates plans IPO as government seeks exit route

The company prepared a draft red herring prospectus and sought views, as well as a go-ahead, from DIPAM

CCI okays acquisition of Zuari Agro Chemicals plant by Paradeep Phosphates

The plant is located in Goa

Paradeep Phosphates plans to produce 1.7 mt DAP in two years

The company has more than 900 regular employee and around 3,500 contractual employees working in its plant

PPL to foray into ammonia, urea making with Rs 6,000 cr outlay

The Paradeep plant of PPL, at present, has a capacity to produce 1.2 million tonnes of Di-ammonium phosphate (DAP) and NPK fertilisers