National Fertilizer shines on reporting 8% rise in Q3 net profit

31 Jan 2012

National Fertilizer is currently trading at Rs. 83.40, up by 1.35 points or 1.65% from its previous closing of Rs. 82.05 on the BSE.

The scrip opened at Rs. 83.80 and has touched a high and low of Rs. 84.80 and Rs. 82.75 respectively. So far 180859 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.40 on 15-Feb-2011 and a 52 week low of Rs. 43.00 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 84.80 and Rs. 74.90 respectively. The current market cap of the company is Rs. 4106.14 crore.

The promoters holding in the company stood at 97.64% while Institutions and Non-Institutions held 1.49% and 0.87% respectively.

State-owned firm, National Fertilizer (NFL) has reported an 8% rise in its net profit at Rs 54.75 crore for the quarter ended December 31, 2011. The company had reported a net profit of Rs 50.90 crore in the year-ago period.

The net sales of the company rose by 39% to Rs 2,043.36 crore in the third quarter of the current fiscal from Rs 1,468.83 crore in the same quarter of the previous fiscal.

The company’s total expenditure in the October-December period of 2011 also increased by 39% to Rs 1,948.24 crore compared to Rs 1,400.16 crore in the same period previous year.

National Fertilizers is the second largest producer of urea in India and also manufactures spectrum of industrial products which include Methanol, Sodium Nitrate, Sodium Nitrite, Nitric Acid, Sulphur, Liquid Oxygen, Liquid CO2, Liquid Nitrogen etc.

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National Fertilizers Share Price

53.10 8.10 (18.00%) Feb 26, 18:55
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Coromandel Interntl. 771.40
National Fertilizers 53.10
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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