Hot Pursuit     24-May-16
National Fertilizers hits 52-week high after turnaround in Q4
National Fertilizers rose 3.59% to Rs 34.65 at 9:50 IST on BSE after the company reported net profit of Rs 31.44 crore in Q4 March 2016 compared with net loss of Rs 100.57 crore in Q4 March 2015.
The result was announced after market hours yesterday, 23 May 2016.

Meanwhile, the S&P BSE Sensex was up 28.97 points or 0.11% at 25,259.33.

On BSE, so far 1.63 lakh shares were traded in the counter as against average daily volume of 1.20 lakh shares in the past two weeks. The stock hit a high of Rs 35.55 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 34.50 so far during the day. The stock had hit a 52-week low of Rs 20.10 on 25 August 2015.

The small-cap company has equity capital of Rs 490.58 crore. Face value per share is Rs 10.

National Fertilizers' net sales rose 5.5% to Rs 1640.15 crore in Q4 March 2016 over Q4 March 2015.

National Fertilizers is India's largest central public sector enterprise in fertilizers sector. It has five gas-based urea plants.

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