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- ZUARI
ZUARI
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Recent events
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News
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Corporate Actions
India's Zuari Agro Chemicals rises after land parcel sale
** Shares of Zuari Agro Chemicals ZUAR.NS up 4.6%
** Stock rose as much as 6.8% to hit the day's high of 236.9 rupees earlier in the session
** The fertiliser maker said it has completed the sale of land parcels located in the western state of Goa, to Zuari Infinity for 799.3 mln rupees ($9.6 mln)
** Stock has been trading above its 50-day, 100-day and 200-day moving avg since last Nov.
** Stock poised to break three-month gaining streak, if trend holds
** Including session gains, ZUAR is up 22.8%, bigger than the 15.3% rise in 2023
($1 = 82.8830 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Zuari Agro Chemicals ZUAR.NS up 4.6%
** Stock rose as much as 6.8% to hit the day's high of 236.9 rupees earlier in the session
** The fertiliser maker said it has completed the sale of land parcels located in the western state of Goa, to Zuari Infinity for 799.3 mln rupees ($9.6 mln)
** Stock has been trading above its 50-day, 100-day and 200-day moving avg since last Nov.
** Stock poised to break three-month gaining streak, if trend holds
** Including session gains, ZUAR is up 22.8%, bigger than the 15.3% rise in 2023
($1 = 82.8830 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
India's Mangalore Chemicals jumps on merger with Pradeep Phosphates
** 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))
** 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))
Zuari Agro Chemicals Dec-Quarter Consol Net Profit Falls
Feb 7 (Reuters) - Zuari Agro Chemicals Ltd ZUAR.NS:
DEC-QUARTER CONSOL NET PROFIT 134.1 MILLION RUPEES VERSUS PROFIT 692.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.43 BILLION RUPEES VERSUS 14.16 BILLION RUPEES
Source text for Eikon: ID:nBSE5vHPjN
Further company coverage: ZUAR.NS
(([email protected];))
Feb 7 (Reuters) - Zuari Agro Chemicals Ltd ZUAR.NS:
DEC-QUARTER CONSOL NET PROFIT 134.1 MILLION RUPEES VERSUS PROFIT 692.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.43 BILLION RUPEES VERSUS 14.16 BILLION RUPEES
Source text for Eikon: ID:nBSE5vHPjN
Further company coverage: ZUAR.NS
(([email protected];))
India's Mangalore Chemicals falls most in over a year on Q3 profit slump
** Shares of Mangalore Chemicals and Fertilisers MNGL.NS down 11.6% at 124.85 rupees, its steepest fall since Oct. 31, 2022
** Fertiliser-maker's quarterly profit fell 57% to 329.8 million rupees ($4 million) from a year earlier, total income down 45% at 6.51 billion rupees
** More than 1.5 mln shares traded, 1.1x times the 30-dy avg
** Stock climbed 38.7% in 2023, its fourth straight year of gains
($1 = 83.0190 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Mangalore Chemicals and Fertilisers MNGL.NS down 11.6% at 124.85 rupees, its steepest fall since Oct. 31, 2022
** Fertiliser-maker's quarterly profit fell 57% to 329.8 million rupees ($4 million) from a year earlier, total income down 45% at 6.51 billion rupees
** More than 1.5 mln shares traded, 1.1x times the 30-dy avg
** Stock climbed 38.7% in 2023, its fourth straight year of gains
($1 = 83.0190 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
India's Mangalore Chemicals jumps after posting Q2 profit
** Shares of Mangalore Chemicals and Fertilisers MNGL.NS rise as much as 9.6% to 114 rupees, biggest intraday gain since May 2
** Co reported on Monday profit of 677.1 mln rupees ($8.13 million) vs loss of 321.9 mln rupees a year ago
** Rev from ops surged nearly five fold to 14.10 bln rupees
** If trend holds, MNGL on track for third consecutive session of gains
** More than 947,473 shares change hands by 09:20 a.m. IST vs 3.1x 30-day avg of 308,983 shares
** Stock up 28% YTD
($1 = 83.2460 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Mangalore Chemicals and Fertilisers MNGL.NS rise as much as 9.6% to 114 rupees, biggest intraday gain since May 2
** Co reported on Monday profit of 677.1 mln rupees ($8.13 million) vs loss of 321.9 mln rupees a year ago
** Rev from ops surged nearly five fold to 14.10 bln rupees
** If trend holds, MNGL on track for third consecutive session of gains
** More than 947,473 shares change hands by 09:20 a.m. IST vs 3.1x 30-day avg of 308,983 shares
** Stock up 28% YTD
($1 = 83.2460 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Zuari Agro Chemicals To Consider Issue Of Non-Convertible Debentures On Private Placement Basis
Sept 20 (Reuters) - Zuari Agro Chemicals Ltd ZUAR.NS:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
Further company coverage: ZUAR.NS
(([email protected];))
Sept 20 (Reuters) - Zuari Agro Chemicals Ltd ZUAR.NS:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
Further company coverage: ZUAR.NS
(([email protected];))
Zuari Agro Chemicals Gets Letter Vide Email From Govt Of India On Inspection
Aug 3 (Reuters) - Zuari Agro Chemicals Ltd ZUAR.NS:
COMPANY GOT LETTER VIDE EMAIL FROM GOVERNMENT OF INDIA ON INSPECTION OF COMPANY
GOVERNMENT OF INDIA DIRECTED COMPANY TO FURNISH CERTAIN DOCUMENTS FOR EXAMINATION
WE ARE COMPLYING WITH REQUEST
Source text for Eikon: ID:nBSEw2K0p
Further company coverage: ZUAR.NS
(([email protected];))
Aug 3 (Reuters) - Zuari Agro Chemicals Ltd ZUAR.NS:
COMPANY GOT LETTER VIDE EMAIL FROM GOVERNMENT OF INDIA ON INSPECTION OF COMPANY
GOVERNMENT OF INDIA DIRECTED COMPANY TO FURNISH CERTAIN DOCUMENTS FOR EXAMINATION
WE ARE COMPLYING WITH REQUEST
Source text for Eikon: ID:nBSEw2K0p
Further company coverage: ZUAR.NS
(([email protected];))
India's Mangalore Chemicals rises 6% after Q4 profit jump
** Shares of Mangalore Chemicals and Fertilisers MNGL.NS rise as much as 6.5% to 105 rupees, their highest since April 12
** Co posts multifold jump in Q4 profit with an ~62% jump in total income
** MNGL trading above its moving average convergence divergence line, indicating bullish sentiment
** More than 719,890 shares change hands by 09:30 a.m. IST, 1.9x 30-day avg of 369,871 shares
** Stock up over 12% YTD up to last close
($1 = 81.7800 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Mangalore Chemicals and Fertilisers MNGL.NS rise as much as 6.5% to 105 rupees, their highest since April 12
** Co posts multifold jump in Q4 profit with an ~62% jump in total income
** MNGL trading above its moving average convergence divergence line, indicating bullish sentiment
** More than 719,890 shares change hands by 09:30 a.m. IST, 1.9x 30-day avg of 369,871 shares
** Stock up over 12% YTD up to last close
($1 = 81.7800 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
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Popular questions
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What does Zuari Agro Chemicals do?
Zuari Agro Chemicals Limited is engaged in manufacturing, trading, and marketing chemical fertilizers under the 'Jai Kisaan' brand, catering to farmers nationwide.
Who are the competitors of Zuari Agro Chemicals?
Zuari Agro Chemicals major competitors are JP Associate, Khaitan Chem & Fert., Madras Fertilizers, Rama Phosphates, Aries Agro, Nagarjuna Fertilizer, Krishana Phoschem. Market Cap of Zuari Agro Chemicals is ₹987 Crs. While the median market cap of its peers are ₹582 Crs.
Is Zuari Agro Chemicals financially stable compared to its competitors?
Zuari Agro Chemicals seems to be less financially stable compared to its competitors. Altman Z score of Zuari Agro Chemicals is 1.58 and is ranked 5 out of its 8 competitors.
Does Zuari Agro Chemicals pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Zuari Agro Chemicals latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Zuari Agro Chemicals allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Zuari Agro Chemicals balance sheet?
Zuari Agro Chemicals balance sheet is weak and might have solvency issues
Is the profitablity of Zuari Agro Chemicals improving?
The profit is oscillating. The profit of Zuari Agro Chemicals is ₹166 Crs for TTM, ₹99.83 Crs for Mar 2024 and ₹477 Crs for Mar 2023.
Is the debt of Zuari Agro Chemicals increasing or decreasing?
Yes, The debt of Zuari Agro Chemicals is increasing. Latest debt of Zuari Agro Chemicals is ₹1,040 Crs as of Sep-24. This is greater than Mar-24 when it was ₹908 Crs.
Is Zuari Agro Chemicals stock expensive?
Zuari Agro Chemicals is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Zuari Agro Chemicals is 4.49, while 3 year average PE is 2.92. Also latest EV/EBITDA of Zuari Agro Chemicals is 5.72 while 3yr average is 15.18.
Has the share price of Zuari Agro Chemicals grown faster than its competition?
Zuari Agro Chemicals has given lower returns compared to its competitors. Zuari Agro Chemicals has grown at ~-6.33% over the last 8yrs while peers have grown at a median rate of 11.12%
Is the promoter bullish about Zuari Agro Chemicals?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Zuari Agro Chemicals is 65.21% and last quarter promoter holding is 65.21%.
Are mutual funds buying/selling Zuari Agro Chemicals?
There is Insufficient data to gauge this.