Coromandel International declines as FIIs reduce stake in Q4FY14

22 Apr 2014 Evaluate

Coromandel International is currently trading at Rs 220.00, down by 0.55 points or 0.25% from its previous closing of Rs 220.55 on the BSE.

The scrip opened at Rs. 220.85 and has touched a high and low of Rs. 224.00 and Rs. 219.35 respectively. So far 846 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 260.50 on 12-Dec-2013 and a 52 week low of Rs. 162.40 on 24-Jul-2013.

Last one week high and low of the scrip stood at Rs. 231.80 and Rs. 217.40 respectively. The current market cap of the company is Rs. 6256.90 crore.

The promoters holding in the company stood at 63.79% while Institutions and Non-Institutions held 12.43% and 23.78% respectively.

Foreign institutional investors (FIIs) have reduced their shareholding in Coromandel International to 6.80% at the end of March 2014 quarter from 7.50% as on December 31, 2013. Moreover, domestic institutional investors’ (DIIs) shareholding went down to 5.64% at the end of March 2014 quarter from 6.02% as on December 31, 2013. Meanwhile, promoter and promoter group shareholding remained unchanged at 63.79% at the end of March 2014 quarter.

Coromandel International is the country’s second-largest phosphatic fertilizer player. Its crop protection business produces insecticides, fungicides and herbicides and markets these products in India and across the globe. The firm has also ventured into the retail business, setting up more than 640 rural retail centres in Andhra Pradesh and Karnataka.

 

Coromandel Interntl. Share Price

1236.40 -14.75 (-1.18%)
21-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Coromandel Interntl. 1236.40
National Fertilizers 102.75
Chambal Fert & Chem 402.90
RCF 151.05
Paradeep Phosphates 70.10
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.