Coromandel International has received approval for setting of new Phosphoric Acid and Sulphuric Acid Plants at Kakinada, Andhra Pradesh, for reduce dependence on imports and make Kakinada an integrated facility. The proposed investment is in line with the company’s long-term objectives to secure key raw materials for its fertiliser production. The Investment required for the same is Rs 1,029 crore. The Board of Directors at their meeting held on January 30, 2024, has approved the same.
Coromandel International is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 1927.70 |
| National Fertilizers | 78.63 |
| RCF | 130.70 |
| Chambal Fert & Chem | 455.70 |
| Paradeep Phosphates | 124.85 |
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