Coromandel International

Analyst believe the company should benefit from debottlenecking of the phosphoric acid plant as well as from an increased share of newly-launched, high margin, crop-protection products in FY23.

Agri-solutions provider Coromandel International Ltd reported a 16.2 per cent rise in profit after tax at Rs 379 crore for the quarter ending December 31, 2021.

At present, India is a net importer of sulphuric acid, and the third largest buyer globally, accounting for close to two million tonnes of imports

Coromandel International, HDFC Life Insurance Company and SAIL are the stocks that the technical analyst from Religare Broking is bullish on

Britannia has been trading in a broader consolidation range of Rs 3,350-3,840 for the last one year and is currently hovering in the middle

Godrej Properties has witnessed an Inverted Head & Shoulder pattern breakout on daily chart post taking support near its long-term EMA, indicating bullish sentiment in the counter

Quess Corp's stock is forming bullish flag pattern on daily charts

While rabi season drives hopes of a strong Q3, analysts are hopeful of strong growth over the next two years

Stocks of agro-chemicals, fertilisers, and edible oils companies are slowing down as farmers continue their weeks-long protests in Delhi

Around 6.51 million equity shares, representing 2.2 per cent of total equity of Coromandel International, changed hands via block deal on the BSE at open

Instead of the board, which was managed by a family member and five outsiders, the group and individual companies will now be led by senior family members

Firm attributes better profit show to good monsoon and soil moisture, and govt's proactive steps in farm space

These companies reported an increase in revenue and/or profit before tax for the March quarter

The total income for the quarter rose 8.84 per cent to Rs 2880.82 crore from Rs 2646.96 crore in the year ago period.

Q4FY20 Ebitda surged 51 per cent to Rs 391 crore, while margins expanded 380 basis points to 13.6 per cent from 9.8 per cent in Q4FY19

Coromandel International, PI Industries may be some of the beneficiaries

Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Full-year consolidated net grows 4% to Rs 720 crore, income rises 19% to Rs 13,262 crore

The mid-size company has phosphatic fertiliser plants at Visakhapatnam and Kakinada in AP

However, the company's total income from operations has seen a sharp decline at Rs 2,270.80 cr