The announcement was made during market hours today, 6 July 2017.
Meanwhile, the S&P BSE Sensex was up 115.39 points, or 0.37% to 31,360.95. The S&P BSE Mid-Cap index was up 27.32 points, or 0.18% to 14,929.31.
On the BSE, 5.95 lakh shares were traded in the counter so far, compared with average daily volumes of 1.60 lakh shares in the past one quarter. The stock had hit a high of Rs 81.35 and a low of Rs 73.35 so far during the day. The stock hit a 52-week high of Rs 89.50 on 11 May 2017. The stock hit a 52-week low of Rs 29.65 on 22 November 2016.
The stock had underperformed the market over the past one month till 5 July 2017, sliding 10.88% compared with 0.18% rise in the Sensex. The scrip also underperformed the market in past one quarter, falling 5.14% as against Sensex's 4.40% rise. The scrip, however, outperformed the market in past one year, advancing 101.94% as against Sensex's 15.01% rise.
The mid-cap company has equity capital of Rs 490.58 crore. Face value per share is Rs 10.
National Fertilizer said that the company has achieved record sale of fertilizers, close to one million tons in the first quarter of the current financial year ending 31 March 2018 (FY 2018), witnessing a growth of more than 30% over the corresponding period of previous year.
Net profit of National Fertilizer surged 224.97% to Rs 89.01 crore on 13.41% rise in net sales to Rs 1863.13 crore in Q4 March 2017 over Q4 March 2016.
National Fertilizers is the second largest producer of urea in the country with a total share of 15.5% and largest urea producer amongst public sector urea producing companies. The company is engaged in producing and marketing of Neem Coated Urea, Bio-Fertilizers (solid & liquid) and other allied Industrial products like Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite and Sodium Nitrate.
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