Mangalore Chemicals And Fertilisers

NFL, RCF, FACT: Shares of fertiliser firms rally up to 13% ahead of Budget

In the pre-Budget consultations with the finance minister, the agri sector had sought rationalisation of fertiliser subsidies and hike in investment for agricultural research.

Stocks to Watch, May 24: Bayer Crop, Landmark Cars, Shilpa Medicare

Across Asia, markets mirrored the losses seen in Wall Street, with Japan's Nikkei leading the decline with a drop of 1.22 per cent, followed by Korea's Kospi down nearly 1 per cent

MCFL implements Rs 400-crore ammonia energy project at Mangalore plant

Mangalore Chemicals & Fertilizers Ltd (MCFL) on Friday said it has completed an ammonia energy improvement project at a capital cost of over Rs 400 crore. MCFL -- a subsidiary of Zuari Agro Chemicals Ltd, an Adventz Group company -- said in a statement that it has successfully implemented the ammonia energy improvement project at its Mangalore plant and has attained energy efficiency at par with modern plants. "The project was implemented at a capital cost of over Rs 400 crore and is expected to deliver significant improvement to the bottom line," it added. To implement this project, the plant, which produces urea and complex fertilisers, was shut down between June-September 2022. MCFL had converted its urea operation earlier from naphtha to gas based after the receipt of gas in December 2020. As per the extant policies of the government for urea manufacturing companies, there is a mandate to reduce the energy requirement further from December 2025. In the process, MCFL has ...

Fertiliser stks prey to subsidy withdrawal risk, high input costs: Analysts

The risk of a breach of the government's fiscal deficit target could play a spoilsport for the sector as it could prompt the Centre to cut back on subsidy support, analysts believe.

Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani

The technical analyst from HDFC Securities expects the Nifty to find support in the range of 17,703 to 17,791.

Mangalore Chemicals and Fertilizer Q2 net profit falls 28% to Rs 29 crore

The company on Tuesday reported a 28.57 per cent decline in its net profit

MCFL Q4 profit down 38% at Rs 15 crore; revenue up at Rs 603 crore

Mangalore Chemicals and Fertilisers Ltd on Saturday reported a 38 per cent decline in its net profit at Rs 15.11 crore for the quarter ended March

Agriculture firms' stocks steady as farmers protest against contested laws

Stocks of agro-chemicals, fertilisers, and edible oils companies are slowing down as farmers continue their weeks-long protests in Delhi

Mangalore Chemicals posts net profit of Rs 11 crore for June quarter

Mangalore Chemicals and Fertilisers Ltd (MCFL) on Thursday posted a net profit of Rs 11.01 crore for the quarter ended June.

MCF shares up as minority shareholders reject transactions with Zuari Agro

Zuari Group chairman Saroj Poddar clarifies it is insignificant, does not impact company