Zuari Agro Chemicals rose 1.83% to Rs 83.65 after the company said its NPK-A plant in Goa has resumed production from 27 February 2020.
The chemical maker had informed on 23 January 2020 that the NPK-A plant at Zuarinagar, Goa had been shut down due to non-availability of raw material.
Zuari Agro Chemicals is engaged in the manufacture, sale and trading of fertilizers and seeds. The chemical firm is also an importer of fertilizers and farm nutrients. It produces fertilizers of various grades, along with seeds, pesticides, micro nutrients and specialty fertilizers.
The company reported a consolidated net loss of Rs 126.82 crore in Q3 December 2019 as compared to a net loss of Rs 63.19 crore in Q3 December 2018. Net sales in the December quarter fell 46.5% YoY to Rs 885.28 crore.
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