Sunday, March 16, 2025 | 07:36 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Coromandel International jumps; Motilal Oswal starts with 'buy' rating

Image

Reuters

Reuters Market Eye - Coromandel International Ltd shares jump 7.3 percent. Broker Motilal Oswal initiates coverage with "buy" rating and target of 320 rupees, says transforming from complex fertilizers company to a high quality agricultural inputs player.

Operating profit contribution from non-subsidy business to increase to 45 percent from 36 percent, the brokerage said.

(Reporting by Abhishek Vishnoi)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 05 2014 | 10:12 AM IST

Explore News