PARADEEP

** Shares of Paradeep Phosphates PRAO.NS up 2.8% at 93.8 rupees

** The fertilizer maker's ammonia and urea plants in Goa resumed production on Thursday following a shutdown on March 12

** Stock set to rise for a third consecutive session

** PRAO stock up 62.5% in 2024

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

March 20 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• RESUMES PRODUCTION AT AMMONIA AND UREA PLANTS

Source text: ID:nBSE8j8mRt

Further company coverage: PRAO.NS

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March 12 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• SHUTS DOWN AMMONIA AND UREA PLANTS AT GOA

• SHUT DOWN OF PLANTS DUE TO BREAKDOWN OF SYNTHESIS GAS COMPRESSOR

Source text: ID:nBSE1Kl1kd

Further company coverage: PRAO.NS

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March 4 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• PARADEEP PHOSPHATES LTD - TAX AUTHORITY RAISES ADDITIONAL TAX DEMAND OF 206.1 MILLION RUPEES

Source text: ID:nBSE9GrFf3

Further company coverage: PRAO.NS

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Feb 3 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• DEC-QUARTER CONSOL NET PROFIT 1.59 BILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 41.05 BILLION RUPEES

Source text: [ID:]

Further company coverage: PRAO.NS

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** Indian fertilisers stocks climb between 1.6% and 6%

** India announces further increase in urea supply with annual supply of 1.27 mln tonnes, Finance Minister Nirmala Sitharaman says in union budget

** Paradeep Phosphates' PRAO.NS 4.3% gain the highest

** National Fertilizers NAFT.NS advances 3.2% and Nagarjuna Fertilizers' NGFR.NS rise about 3%

** Chambal Fertilizers CHMB.NS up ~1

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

Jan 30 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• SIGNS MOU WITH GOVERNMENT OF ODISHA FOR 40 BILLION RUPEES INVESTMENT

• TO INVEST 40 BILLION RUPEES OVER 5 YEARS TO INCREASE FERTILIZER CAPACITY

• INVESTMENT TO CREATE 100-150 DIRECT JOBS AND 700-1000 INDIRECT JOBS

Source text: ID:nBSE679HDj

Further company coverage: PRAO.NS

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Dec 26 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• PARADEEP PHOSPHATES LTD - RESUMES PRODUCTION AT AMMONIA AND UREA PLANTS

Source text: ID:nBSE6rGzrR

Further company coverage: PRAO.NS

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Sept 19 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• GOA AMMONIA, UREA PLANTS HAVE NOW RESUMED PRODUCTION

Source text for Eikon: ID:nnAZN28IW8N

Further company coverage: PRAO.NS

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Sept 12 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• SHUT DOWN AMMONIA AND UREA PLANTS AT GOA

• SHUTDOWN DUE TO BREAKDOWN OF EQUIPMENT IN UREA PLANT

Source text for Eikon: ID:nBSE7GLGcw

Further company coverage: PRAO.NS

(Reporting by VijayDattaram Malkar)

(([email protected];))

Aug 1 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• JUNE-QUARTER CONSOL NET PROFIT 53.8 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 23.77 BILLION RUPEES

Source text for Eikon: ID:nBSE93N44q

Further company coverage: PRAO.NS

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July 30 (Reuters) - Mangalore Chemicals and Fertilisers Ltd MNGL.NS:

• INDIA COMPETITION REGULATOR: APPROVES AMALGAMATION OF MCFL WITH PARADEEP PHOSPHATES

Source text for Eikon: [ID:]

Further company coverage: MNGL.NS

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May 15 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• PARADEEP PHOSPHATES MARCH-QUARTER CONSOL NET PROFIT 215 MILLION RUPEES VERSUS 99.8 MILLION RUPEES

• PARADEEP PHOSPHATES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 22.43 BILLION RUPEES VERSUS 36.44 BILLION RUPEES

Source text for Eikon: ID:nBSE4s7PlR

Further company coverage: PRAO.NS

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** Shares of fertilizer maker Paradeep Phosphates PRAO.NS rise as much as 4.7% to 69.5 rupees

** Co says said its ammonia and urea plants in Goa state have resumed production

** Stock logs biggest pct climb in five weeks, last up 3.8%

** Stock, however, logged fifth straight week of declines until last week

** PRAO down ~3% so far this year

(Reporting by Anisha Ajith in Bengaluru)

(([email protected]))

** Shares of Paradeep Phosphates PRAO.NS down 3.31% to 65.85 rupees, their lowest since Dec 21, 2023

** The Central Pollution Control Board issues closure of operation notice to the fertilizer maker's Paradeep plant due to non-compliance with pollution board conditions

** Co says there's no wrongdoing from its side, and is confident of resolving matter through appropriate remedies

** Stock down 3% so far this year, after a 15% climb in 2023

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

** Shares of Paradeep Phosphates PRAO.NS down 3.1%, recovering slightly from a decline of 4.3% earlier in session

** Co on Monday said that it has shut down its ammonia and urea plants in the state of Goa due to a breakdown of a synthesis gas compressor

** PRAO eyes third consecutive session of losses

** Stock down 10.7% so far this month, on track for its worst since October 2023

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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March 18 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• PARADEEP PHOSPHATES LTD - CO HAS SHUT DOWN AMMONIA AND UREA PLANTS AT GOA

• PARADEEP PHOSPHATES LTD - CO SHUT DOWN AMMONIA AND UREA PLANTS AT GOA DUE TO BREAKDOWN OF SYNTHESIS GAS COMPRESSOR

Source text for Eikon: ID:nBSEbMsMXG

Further company coverage: PRAO.NS

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March 13 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• CO ALONG WITH FERTILIZER ASSOCIATION OF INDIA AND OTHERS, FILED A WRIT PETITION BEFORE HIGH COURT OF DELHI

• PETITION CHALLENGES GUIDELINES FOR EVALUATING REASONABLENESS OF MRPS OF P&K FERTILIZER, ISSUED BY DEPARTMENT OF FERTILIZERS

Further company coverage: PRAO.NS

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March 1 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• RESUMED OPERATIONS OF NPK A PLANT AT GOA FROM MARCH 1

Source text for Eikon: ID:nBSE7FWTxc

Further company coverage: PRAO.NS

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** Shares of Mangalore Chemicals and Fertilisers MNGL.NS rise 8.1% to 130 rupees

** Co snaps eight consecutive sessions of fall

** Fertiliser-maker said on Wednesday it approved scheme of merger with Paradeep Phosphates PRAO.NS

** PRAO to pay a consideration worth 5.65 bln rupees ($68 million)

** Paradeep shares up 2% at 78 rupees

** More than 2.6 mln shares of MNGL change hands, 1.8x its 30-day avg

** MNGL gained ~19% in Jan., its best monthly gain since March

($1 = 82.9300 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

Dec 29 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• DURING STARTUP PROCESS, THERE HAS BEEN SEAL LEAK IN AMMONIA REFRIGERATION COMPRESSOR IN GOA PLANT

• THERE WILL BE DELAY IN RESUMPTION OF PRODUCTION BY PLANTS

Source text for Eikon: ID:nNSE6mfbhc

Further company coverage: PRAO.NS

(([email protected];))

Nov 6 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• PARADEEP PHOSPHATES LTD - COMPANY HAS SHUTDOWN AMMONIA AND UREA PLANTS AT GOA

• PARADEEP PHOSPHATES LTD - PLANT SHUTDOWNS TO CARRY OUT REGULAR ANNUAL MAINTENANCE, IMPLEMENT ENERGY SAVING SCHEMES

• PARADEEP PHOSPHATES LTD - PLANTS EXPECTED TO RESUME PRODUCTION BY 4TH WEEK OF DECEMBER 2023

Source text for Eikon: ID:nBSEb27KPp

Further company coverage: PRAO.NS

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** Shares of Paradeep Phosphates PRAO.NS rise 6.6% to 65.5 rupees, logging sharpest intraday pct gain since Aug. 22

** PRAO on Tuesday reported a 75% jump in its Q2 consolidated net profit

** More than 5.4 mln shares change hands by 11:01 a.m. IST, 2x the 30-day avg

** Including day's gains so far, stock up ~10.2% YTD

(Reporting by Anisha Ajith in Bengaluru)

(([email protected]))

** Shares of phosphatic fertilisers maker Paradeep Phosphates PRAO.NS fall as much as 9.63% to 59.10 rupees

** Co on Wednesday reported June-qtr consolidated loss of 1.20 bln Indian rupees vs a profit of 627.7 mln rupees yr ago

** Rev from ops rose 25.5% and total expenses climbed nearly 37%, led by higher raw materials costs

** More than 8.6 mln shares change hands, 1.8x 30-day avg

** Including session's losses, stock up 6.4% YTD

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Aug 2 (Reuters) - Paradeep Phosphates Ltd PRAO.NS:

• JUNE-QUARTER CONSOL LOSS 1.2 BILLION RUPEES VERSUS PROFIT 627.7 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 30.54 BILLION RUPEES VERSUS 24.35 BILLION RUPEES

Source text for Eikon: ID:nNSERfCWt

Further company coverage: PRAO.NS

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** Brokerage Antique Stock Broking says India's Paradeep Phosphates PRAO.NS its top pick after bullish view on co' s Goa plant ramp-up

** ASB says urea and non-urea plants running at peak utilization, Goa plant profitability at inflection point

** We expect capacity utilization of Goa plant to ramp up to over 90% by FY25 from 60% in FY23 - note

** Ramp-up, energy efficiency improvement can result in delivery of peak annual EBITDA of 3 bln rupees ($36.46 million) by FY26 - note

** Shares snaps three sessions of losses, currently trading above 50-day, 100-day and 200-day simple moving averages

** PRAO up 0.56% at 11:59 A.M. on Wednesday

($1 = 82.2800 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Corrects to add missing word "jumps" in headline

** Shares of Paradeep Phosphates PRAO.NS rise as much as 8.9% to 63.65 rupees, their highest level since Feb. 1

** Antique Stock Broking begins coverage with "buy" rating, with price target of 100 rupees

** Brokerage calls PRAO its preferred pick in the sector

** Expects co's pan-India market share in phosphatic fertilizer to rise to ~11% by FY25E from ~8% in FY23 on access to newer markets, deeper penetration in current markets

** Adds, PRAO's acquisition of Zuari Agro Chemicals’ Goa plant provides co with access to west, central, and south India, eliminating its dependence on east India

** Co's relationship with promoter OCP, a leading producer of rock phosphate, gives it a competitive advantage - Antique

** Stock above 50-, 100- and 200-day exponential moving averages since June 7, suggesting bullish trend

** More than 15.5 mln shares change hands by 11:04 a.m. IST, highest since Oct. 4, 2022

** Including session's gains, stock up ~6.8% this year

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

** Shares of phosphatic fertilisers maker Paradeep Phosphates Ltd PRAO.NS fall as much as 5.14% to 52.65 rupees; logs steepest intraday pct decline in five months

** Co reports 72% fall in consolidated net profit in the March quarter to 99.8 mln rupees from 356.5 mln rupees in the corresponding quarter a year ago nFWN37D25K

** Revenue nearly doubles to 36.44 bln rupees from 18.99 bln rupees Y/Y

** But core profit falls to 906.1 mln rupees from 923.8 mln rupees as costs nearly double during the March quarter

** Core profit margins contract to 2.49% from 4.86% Y/Y

** Trading volume is 5.17 mln shares as of 2:29 p.m. IST, more than three times the 30-day avg - Refinitiv data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))