Nagarjuna Fertilisers

Nagarjuna Fertilizers planning to invest Rs 4,500 crore on expansion

Nagarjuna Fertilizers planning to invest Rs 4,500 crore on expansionIndia's second-largest urea producer, Nagarjuna Fertilizers and Chemicals Ltd (NFCL) has indiacted that it is aiming to double its capacity at its unit in Kakinada, Andhra Pradesh with an investment of about Rs 4,500 crore.

The company said that it plans to double the capacity at the unit to 2.9 million tonne (mt) from 1.3 mt at present. A company official expressed that the company expects the new capacity will be operational by the year 2015-16.

Nagarjuna Fertilisers Q4FY11 Net Sales Rise 51.3%

Nagarjuna Fertilisers & Chemicals Ltd’s (NFCL) Q4FY11 net sales grew by 51.3% to Rs7.8bn on the back of higher trading volume (~7x YoY). Consequently OPM contracted by 603bps to 15.3%. Lower depreciation (-29.5% YoY) and interest cost (-20.8% YoY) resulted in net profit to surge by 23.6% to Rs285mn (PINCe Rs296mn).

Investment in NOCL: Nagarjuna Fertiliser holds 51% stake in Nagarjuna Oil Corporation Limited. This is a 6mn MT p. a. refinery coming up at Cuddalore, Tamil Nadu and is expected to be commissioned by FY13. Total capex for this project is Rs70bn. This business will be de-merged from NFCL as a separate entity.

Hold Nagarjuna Fertilisers With Target Of Rs 35

Hold Nagarjuna Fertilisers With Target Of Rs 35Technical analyst Hemant Thukral has maintained 'hold' rating on Nagarjuna Fertilizers & Chemicals Limited stock.

The analyst said that the stock can be purchased with a target of Rs 35.

The stock of the company, on April 07, closed at Rs 32 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 42.45 and a low of Rs 25.80 on BSE.

Current EPS & P/E ratio stood at 2.61 and 11.86 respectively.

Buy Nagarjuna Fertilisers To Achieve Intraday Target Of Rs 29

Buy Nagarjuna Fertilisers To Achieve Intraday Target Of Rs 29Technical analyst Anil Singhvi has maintained 'buy' rating on Nagarjuna Fertilizers & Chemicals Limited stock with an intraday target of Rs 29.

According to Nirmal Bang Research, the stock of the company can be bought with a stop loss of Rs 26.75.

The shares of the company, on March 08, closed at Rs 27.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 42.45 and a low of Rs 25.80 on BSE.

Current EPS & P/E ratio stood at 2.61 and 10.41 respectively.

Intraday Buy Call For Nagarjuna Fertilisers

Intraday Buy Call For Nagarjuna FertilisersTechnical analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Nagarjuna Fertilizers & Chemicals Limited stock with an intraday target of Rs 31.60.

According to analyst, the stock can be purchased with a stop loss of Rs 27.60.

The stock of the company, on February 21, marked its closure at Rs 264.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 42.45 and a low of Rs 25.80 on BSE.

Current EPS & P/E ratio stood at 2.61 and 11.10 respectively.

Buy Nagarjuna Fertilisers With Stop Loss Of Rs 38

Buy Nagarjuna Fertilisers With Stop Loss Of Rs 38Technical analyst Pradeep Surekha has maintained 'buy' rating on Nagarjuna Fertilizers & Chemicals Limited stock with stop loss of Rs 38.

According to analyst, the interested investors can buy the stock on declines with a target of Rs 45-47.

The stock of the company, on Nov 09, closed at Rs 40.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 41.20 and a low of Rs 27.60 on BSE.

Current EPS & P/E ratio stood at 2.12 and 19.85 respectively.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content