Hot Pursuit     13-Nov-17
National Fertilizers gains after strong Q2 result
National Fertilizers rose 1.62% to Rs 62.80 at 10:51 IST on BSE after net profit surged 46.09% to Rs 66.72 crore on 12.23% rise in total income to Rs 2142.32 crore in Q2 September 2017 over Q2 September 2016.
The result was announced after market hours on Friday, 10 November 2017.

Meanwhile, the S&P BSE Sensex was down 112.31 points, or 0.34% to 33,202.25. The S&P BSE Mid-Cap index was down 17.05 points, or 0.1% to 16,545.64.

On the BSE, 1.27 lakh shares were traded in the counter so far, compared with average daily volumes of 1.72 lakh shares in the past one quarter. The stock had hit a high of Rs 64.40 and a low of Rs 62.70 so far during the day. The stock had hit a 52-week high of Rs 89.50 on 11 May 2017. The stock had 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 10 November 2017, falling 2.14% compared with 4.35% gains in the Sensex. The scrip had also underperformed the market in past one quarter, declining 1.12% as against Sensex's 5.66% rise. The scrip had, however, outperformed the market in past one year, gaining 82.3% as against Sensex's 21.07% rise.

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

The government of India held 74.71% stake in the firm as per the shareholding pattern as on 30 September 2017.

National Fertilizers is engaged in manufacturing and marketing of Neem Coated Urea, three strains of Bio-Fertilizers (solid & liquid) and other allied Industrial products like Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite and Sodium Nitrate. The company has also started production of certified seeds under its Seeds Multiplication Program for sale under its own brand name as Kisan Beej.

Previous News
  National Fertilizer reports consolidated net loss of Rs 235.95 crore in the March 2023 quarter
 ( Results - Announcements 30-May-23   07:46 )
  National Fertilizer reports consolidated net loss of Rs 94.33 crore in the June 2021 quarter
 ( Results - Announcements 13-Aug-21   08:20 )
  Board of National Fertilizer recommends interim dividend
 ( Corporate News - 11-Mar-20   14:23 )
  National Fertilizer to hold board meeting
 ( Corporate News - 29-Jul-23   12:51 )
  National Fertilizer gets reaffirmation in credit ratings from ICRA
 ( Corporate News - 19-Aug-19   18:57 )
  National Fertilizer appoints director
 ( Corporate News - 21-Apr-22   15:47 )
  National Fertilizer reports consolidated net loss of Rs 64.07 crore in the June 2019 quarter
 ( Results - Announcements 03-Aug-19   12:25 )
  National Fertilizer standalone net profit rises 19.50% in the March 2019 quarter
 ( Results - Announcements 03-May-19   16:51 )
  Update on divestment of GoI's 20% stake in National Fertilizers
 ( Corporate News - 10-Feb-21   16:08 )
  Cosmo Films Ltd leads gainers in 'A' group
 ( Hot Pursuit - 28-Jan-21   12:00 )
  National Fertilizer standalone net profit rises 97.94% in the December 2018 quarter
 ( Results - Announcements 02-Feb-19   14:58 )
Other Stories
  PEL board OKs ad hoc appointments post Rupen Patel's passing
  06-Jul-24   16:41
  Info Edge Q1 FY25 billings climb 11% YoY
  06-Jul-24   15:50
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
Back Top