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| National Fertilizers sales |
nationwide Fertilizers restricted has launched sales information for the primary quarter of the present financial year 2017-18. the corporate has completed file sale of fertilisers, as regards to one million lots in Q1FY18.
nationwide Fertilizers restricted has released gross sales data for the primary quarter of the current monetary 12 months 2017-18. the company has achieved file sale of fertilisers, just about 1,000,000 lots in Q1FY18.
The gross sales grew by 30% as in opposition to the corresponding length of earlier year. The stock witnessed strong upsurge with enormous volume trades. The stock has touched its intraday high of Rs 77.5 per share, up by way of 6.3%.
Fertiliser shares are in focal point because of commonplace monsoon coverage throughout the usa. The rainfall so far has been satisfactory, said a number one national information agency.
the company is engaged in producing and advertising and marketing urea, neem-covered urea, bio-fertilizers (stable and liquid) and other allied industrial products. Its business segments are urea and other products, together with industrial merchandise, bio fertilisers and traded products. It bargains allied industrial products, corresponding to nitric acid, ammonium nitrate, and sodium nitrite or nitrate.
stock View:
nationwide Fertilizer Ltd is at the moment trading at Rs 76.5, up by Rs 3.6 or 4.94% from its previous closing of Rs 72.9 on the BSE.
The scrip opened at Rs 73.35 and has touched a excessive and low of Rs 77.5 and Rs 73.35 respectively. to this point 1312233(NSE+BSE) shares have been traded on the counter. the present market cap of the company is Rs 3576.33 crore.
The BSE group 'B' stock of face worth Rs 10 has touched a 52 week high of Rs 89.5 on 11-may-2017 and a 52 week low of Rs 29.65 on 22-Nov-2016. ultimate one week high and low of the scrip stood at Rs 76.45 and Rs 70.7 respectively.
The promoters keeping within the firm stood at 89.71 % whereas institutions and Non-establishments held 6.2 % and 4.09 % respectively.
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