Coromandel International is currently trading at Rs. 264.00, up by 7.45 points or 2.90% from its previous closing of Rs. 256.55 on the BSE.
The scrip opened at Rs. 258.00 and has touched a high and low of Rs. 268.00 and Rs. 258.00 respectively. So far 15637 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 276.00 on 23-May-2014 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. 263.00 and Rs. 235.00 respectively. The current market cap of the company is Rs. 7476.00 crore.
The promoters holding in the company stood at 63.79 % while Institutions and Non-Institutions held 12.43 % and 23.78 % respectively.
Coromandel International has entered into a joint venture (JV) with Yanmar & Co and Mitsui Trading for manufacturing and marketing farm machinery. Coromandel and Yanmar will hold 40 per cent stake each and Mitsui 20 per cent.
Initially, it will manufacture the Yanmar brand of mini-harvesters, planters and rotavators for paddy cultivation and then expand its range to include equipment for other crops, including sugarcane and vegetables.
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.
Company Name | CMP |
---|---|
Coromandel Interntl. | 1236.40 |
National Fertilizers | 102.75 |
Chambal Fert & Chem | 402.90 |
RCF | 151.05 |
Paradeep Phosphates | 70.10 |
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